New research funding an investment in quality of life, innovation

OTTAWA – Today’s announcement of $53 million in new federal funding for Canadian researchers and universities is an important investment in building a culture of innovation in Canada, says Paul Davidson, president of the Association of Universities and Colleges of Canada. The announcement of funding from the Canada Foundation for Innovation (CFI) was made by the Honourable Gary Goodyear, Minister of State (Science and Technology), on the University of Manitoba campus.

“It’s very evident that Canada is building the talent pool to be an innovation leader,” says Davidson. “It’s this kind of investment that translates potential into action and gets results for Canadians. The discoveries and innovations of these research teams will help address the challenges facing Canada, improve our quality of life, create new jobs and position our country as a productivity leader in the years ahead. “

Canada’s universities have an impressive track record when it comes to contributing to a culture of innovation. A multitude of new products and exports have grown out of university research in recent years – from improved crop varieties of peas, beans and lentils, to more efficient and safer aircraft, to revolutionary cancer treatments that reduce wait times and treatment costs. University research is also addressing significant challenges in healthcare, changing demographics, energy needs and other areas.

This new investment in research is being made through the CFI’s Leaders Opportunity Fund. It will support 207 projects at 42 Canadian research institutions.

The CFI’s funding is awarded through a rigorous, objective, merit-based funding competition process. A full list of these funded projects is available at www.innovation.ca.

-30-

For more information or interview opportunities:

Helen Murphy
AUCC Communications Manager
hmurphy@aucc.ca
613-563-1236 ext. 238