Ottawa plans to spin off federal semiconductor facility into “commercial entity”

The federal government is working on spinning out the National Research Council of Canada’s (NRC) Canadian Photonics Fabrication Centre (CPFC) into a “commercial entity.” Industry Minister Mélanie Joly announced the intended spinoff at a reception for the CHIPS NORTH semiconductor conference in Ottawa on Monday evening, saying in a statement that the spinout “will strengthen Canada’s leadership in photonics innovation.” “This will attract private-sector investment and create new opportunities fo