OTTAWA, February 4, 2009—Federal Budget 2009 includes an allocation of $750 million of new funding to the Canada Foundation for Innovation (CFI) for “leading-edge research infrastructure.
Consistent with its Science and Technology Strategy, the Government [of Canada] is committed to continue providing support for leading-edge research infrastructure through the Canada Foundation for Innovation.
“Budget 2009’s announcement of $750 million dollars to the Canada Foundation for Innovation (CFI), for leading-edge research infrastructure, is welcome news for the research enterprise in Canada,’’ said Dr. Eliot Phillipson, President and CEO of the CFI. “It demonstrates the confidence that government places in the CFI and confirms its continuing commitment to building a competitive knowledge advantage for Canada, based on excellence in science and technology.”
‘‘For more than a decade, the CFI has proven it can deliver results, while maintaining accountability and effective management practices, ’’ said Dr. William Leggett, Chairman of the CFI’s Board of Directors. ‘‘In its most recent budget, the Government of Canada has not only invested in short-tem economic stimulus, but also clearly recognizes the importance of investments in research infrastructure that will provide mid- to long-term benefits.’’
Of the total amount announced for the CFI, Budget 2009 provides $150 million to increase the funding available for meritorious projects in the 2009 Leading Edge and New Initiatives Funds Competition. In addition, Budget 2009 provides $600 million for future activities of the CFI, including the launch of one or more new competitions by December 2010.
The Canada Foundation for Innovation (CFI) is an independent corporation created by the Government of Canada to fund research infrastructure. The CFI’s mandate is to strengthen the capacity of Canadian universities, colleges, research hospitals and non-profit research institutions to carry out world-class research and technology development that benefits Canadians. Since its creation in 1997, the CFI has committed almost $4.5 billion in support of more than 6,000 projects at 129 research institutions in 64 municipalities across Canada.
A list of projects approved by the CFI to date is available here.
For media inquiries, please contact:
Coordinator, Media Relations
Canada Foundation for Innovation
yves.melanson [at] innovation.ca