OTTAWA, ONTARIO — Today, Federal Budget 2015 called for an investment of $ 1.33 billion in the Canada Foundation for Innovation (CFI). This is the largest single investment ever made to support research infrastructure in Canada.
With this new funding, Canadian universities, colleges and research hospitals will be able to continue to undertake globally competitive research that is essential to the health, prosperity and quality of life of Canadians.
“We are very excited by this new investment. It demonstrates clearly that the Government of Canada recognizes that state-of-the-art research infrastructure goes hand in hand with world-class research,” says Dr. Gilles Patry, CFI President and CEO. “These new investments will enable scientists to further explore bold ideas and seize opportunities in all research areas.”
Every year, more than 25,000 exceptional students from across Canada and around the world are trained using state-of-the-art research facilities funded by the CFI. These students acquire the skills they need to become the next generation of researchers, innovators and entrepreneurs. Today’s announcement will help ensure they continue to have access to the best facilities in the world.
“This is a strong vote of confidence for Canada’s research community,” adds Patry.