Document background
A Research Funding Agreement is essential when establishing a formal funding relationship for research projects in Canada. This document is typically used when research institutions, universities, or individual researchers receive funding from government agencies, private organizations, or non-profit foundations. The agreement must comply with Canadian federal and provincial regulations, including research ethics guidelines, institutional policies, and funding agency requirements. It covers crucial aspects such as fund disbursement, project scope, intellectual property rights, reporting obligations, and compliance requirements. The document is particularly important for ensuring transparency, accountability, and proper management of research funds while protecting the interests of all parties involved. Special attention is paid to Canadian tax implications, research ethics standards, and intellectual property laws specific to the Canadian jurisdiction.
