Federal Investment Welcomed by Perimeter Institute



    WATERLOO, ON, March 19 /CNW/ - When Canada's Budget Plan was tabled today
in the nation's capital, reference was made to Perimeter Institute for
Theoretical Physics in Waterloo, Ontario, as a leading centre of scientific
research and educational outreach excellence, fostered through public-private
partnership.
    In his address to Parliament, Federal Finance Minister James Flaherty
said: "...in addition to creating a future generation of leaders, we are also
investing in leading research institutions. Budget 2007 sets aside the funding
necessary to make that happen, and will help fund leading-edge institutions
like the Life Sciences Research Institute in Nova Scotia, the National Optics
Institute in Quebec, the Perimeter Institute in Ontario, the Canada School of
Sustainable Energy in Alberta, and B.C.'s Brain Research Centre, among
others."
    Perimeter Institute welcomes this news - which follows equally positive
recognition this past fall when the Institute was objectively assessed by the
National Sciences and Engineering Research Council of Canada (NSERC). The
federal review provided a rigourous, objective, peer-reviewed assessment of
all research and outreach activities and determined PI's international
excellence to date and plans moving forward.
    The budget report states: "The value of the centres of excellence is
highest where there is coordinated approach that brings together research
institutions, governments and the private sector to set priorities and share
resources. The Perimeter Institute for Theoretical Physics in Waterloo,
Ontario, which is devoted to the study of foundational issues in theoretical
physics, is an example of such a world-renowned research institute. Since its
creation in 1999, the Perimeter Institute has become a leader for Canadian
research in the emerging field of quantum physics and a model for science
education and outreach. The Perimeter Institute has demonstrated outstanding
scientific merit, has a national reach and has received significant funding
commitments from the private sector and the Government of Ontario. Budget 2007
provides $50 million to the Perimeter Institute in 2006-07 to support its
leading research, education and public outreach activities."
    Howard Burton, Executive Director of Perimeter Institute, says "The
Institute warmly receives this strong endorsement of its past accomplishments
and future plans from the Government of Canada and looks forward to continuing
its growing tradition of research and outreach excellence in the years to
come."

    About PI

    Perimeter Institute for Theoretical Physics is an independent,
non-profit, scientific research and educational outreach organization where
international scientists cluster to push the limits of our understanding of
physical laws and calculate new ideas about the very essence of space, time,
matter and information. The Institute also provides a wide array of
educational outreach activities for students, teachers and members of the
general public across Canada and beyond in order to share the joy of
scientific research, discovery and innovation.




For further information:

For further information: John Matlock, Director of Communications, via
email at jmatlock@perimeterinstitute.ca

Organization Profile

Perimeter Institute for Theoretical Physics

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FEDERAL BUDGET REACTION 2007

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