Federal budget announces important investments in developing and attracting talent



    OTTAWA, Feb. 26 /CNW Telbec/ - AUCC welcomes the recognition in tonight's
federal budget of the vital importance of investing in the education and
skills of Canadians to ensure this country's prosperity and quality of life.
    In particular, AUCC is pleased to see the creation of new Canada Graduate
Scholarships for top Canadian and international doctoral students and a new
Canada Student Grant Program that will provide targeted grants to increase
accessibility to postsecondary education for students from low and middle
income families.
    "We have strongly urged the federal government to invest in people both
through graduate-level scholarships for top Canadian and international
students and through needs-based grants for traditionally under-represented
groups. We are pleased that the budget has announced important initiatives in
both of these areas," said Dr. Tom Traves, chair of the AUCC board of
directors. "We also welcome the budget's commitment to modernize the
immigration system to help postsecondary institutions attract foreign
students."
    The budget also announced a number of investments in university based
research including, among others, the new Canada Global Excellence Research
Chairs, an $80 million increase in the budgets of the research granting
councils and a $15 million increase to support the institutional costs of
research through the Indirect Costs Program.
    "We appreciate the government's continued recognition of the importance
of investing in university research. Canada's leadership in public R&D
performance will depend on significant investments to ensure the international
competitiveness of this country's university research effort," stated Claire
M. Morris, president and CEO of AUCC.

    AUCC is the voice of Canada's universities. It represents 92 Canadian
public and private, not-for-profit universities and university-degree level
colleges.




For further information:

For further information: on this release and AUCC: Lyse Huot, Director,
Publications and Communications, Association of Universities and Colleges of
Canada, (613) 563-3961 ext. 229, (613) 884-8401, lhuot@aucc.ca

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Association of Universities and Colleges of Canada

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FEDERAL BUDGET REACTION 2008

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