McGuinty Government Invests In World's Smallest Computers To Help Ontario
TORONTO, June 9 /CNW/ -
Ontario is investing in the world's smallest computers and expecting big
Ontario Premier Dalton McGuinty announced nearly $18 million in funding
for the Institute for Quantum Computing (IQC) (http://www.iqc.ca/) at the
University of Waterloo. The investment will help the centre buy new equipment
used to research new discoveries in quantum computing and nanotechnology.
McGuinty made the announcement at a groundbreaking ceremony for the Mike
and Ophelia Lazaridis Quantum-Nano Centre at the University of Waterloo. The
centre is the first of its kind in the world.
Research into quantum information technology is aimed at developing
faster, more efficient computers with components so small they can't be seen
by the human eye. Together with nanotechnology, this research could lead to
revolutionary new optics, computer encryption and treatments for disease.
The government's investment brings its total support for the IQC to
nearly $75 million. The funding is part of the government's plan to make the
province a centre of innovation and research into technologies that will lead
to well-paying jobs for Ontario workers.
"This kind of research is key to the economy we're building in Ontario.
Finding the next big thing - or small thing - and bringing it to market will
make Ontario the place to invest and create jobs," said Premier McGuinty.
"This investment will help to ensure that Ontario researchers have the
resources they need to undertake world-leading research and technology
development - and that Ontario can continue to attract the world-class talent
we need to compete in the global knowledge economy," said John Wilkinson,
Minister of Research and Innovation.
- Mike Lazaridis, co-CEO of Research In Motion, and his wife have
donated $50 million to the IQC, the largest private contribution in
the University of Waterloo's history.
- In the 1960s, a co-founder of Intel noticed transistors were being cut
in half every two years or so. The theory is called Moore's Law
(http://en.wikipedia.org/wiki/Moore's_law) and has held true for the
last 50 years. Breakthroughs in quantum computing will play a key
role in shrinking transistors to the size of atoms.
Read about the history of transistors and quantum computing
Find out more about nanotechnology
(http://www.nanotech.uwaterloo.ca/What_is_Nano/) and how you can study it at
the University of Waterloo.
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For further information:
For further information: Premier's Media Office: (416) 314-8975