McGuinty Government Supports Green Energy innovation



    Boosting Wind Power Will Help Tackle Climate Change, Create High-Value
    Jobs, And Improve Quality Of Life For Ontario Families

    TORONTO, April 24 /CNW/ - The Ontario government is supporting
leading-edge research that will increase renewable energy, create high-skill
jobs and attract new investment to the province, Premier and Minister of
Research and Innovation Dalton McGuinty announced today.
    "We're investing in the skills, education and creativity of our people to
build more prosperity for Ontario families," said Premier McGuinty. "By
enabling world-class research to be done right here in Ontario, we're doing
our part to advance new technologies and build a cleaner, greener and
healthier province."
    Premier McGuinty made the announcement at the inaugural Premier's
Innovation Awards ceremony held at the MaRS Discovery District.
    The government is providing $3.4 million to support a wind energy
conversion project, led by Dr. Reza Iravani at the University of Toronto. The
project will develop more efficient ways to convert wind energy into renewable
electricity that can be supplied to the power grid. As a result, Ontario will
be able to rely on cleaner, more reliable and affordable power for the future.
    The funding will leverage a matching investment from the private sector.
This announcement is part of a series of investments under the Ontario
Research Fund's Research Excellence program. Under its first round of
investments, the government will contribute $115 million to support research
at universities, institutes and hospitals across Ontario.
    Today's ceremony at the MaRS Discovery District honoured winners in the
Premier's Catalyst, Discovery and Summit awards programs. Award winners were
recognized for their achievements in everything from life-saving medical
research to innovations that are revolutionizing business and industry.
    "MaRS is particularly honoured to be involved with the Premier's Summit
Awards for Medical Research," said MaRS CEO Dr. Ilse Treurnicht, "This
unprecedented new investment in the work of our truly exceptional scientists
will make a difference in the health of Canadians and others around the world.
We are all proud that that these remarkable scientists live and work in
Ontario."
    Investing in research and innovation is the latest example of how the
McGuinty government is working on the side of families and businesses to
strengthen and help green Ontario's economy. Other initiatives include:

    
    -   Investing over $5.9 million in the Ontario BioCar Initiative, a
        research project to turn Ontario's harvest - such as wheat, corn,
        soybeans and forest biomass - into viable materials for the auto
        industry
    -   Introducing the $160 million Ideas to Market strategy to grow new
        start-ups and drive innovative discoveries rapidly from the lab to
        the marketplace
    -   Investing almost $527 million in the Ontario Research Fund to support
        research and help transform knowledge into products and services that
        improve people's lives and create jobs. Funding through this program
        allows Ontario research institutions to support leading-edge
        research, and attract and retain the world's best research talent.
    

    "Ontario is home to some of the best and brightest researchers and
entrepreneurs in the world, and we're proud to support and celebrate their
extraordinary accomplishments," said Premier McGuinty. "By investing in our
people, we can turn homegrown ideas into homegrown jobs and build a stronger,
greener economy."

    
    Disponible en français

                           www.ontario.ca/premier
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For further information:

For further information: Premier's Media Office, (416) 314-8975

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