Mike Lazaridis Donates Additional $50 Million to Perimeter Institute

    WATERLOO, ON, June 4 /CNW/ - In a new and generous act of personal
philanthropy, Mike Lazaridis has provided an additional $50 million (Canadian)
to Perimeter Institute for Theoretical Physics (PI). This private donation
increases his personal contributions to $150 million in the research
    The private funding announcement, delivered by The Honourable John
Wilkinson, Ontario Minister of Research and Innovation, was celebrated by over
600 people just prior to a PI Public Lecture. The donation was acknowledged by
all dignitaries representing the Province of Ontario and the Government of
Canada, important members of a public-private partnership that fund the
scientific research and outreach operations.
    In his remarks on behalf of the Government of Ontario, The Honourable
John Wilkinson, Minister of Research and Innovation said: "Ontario's $3B
Innovation Agenda focuses on our government acting as a catalyst to support
our top researchers and entrepreneurs - extraordinary people like Mike
Lazaridis who are leading the way to turn groundbreaking ideas and innovation
into Ontario's next generation of jobs. Ontario's commitment to fundamental
and applied research has not only been informed but also inspired by Mike's
personal commitment to innovation, and his contributions to the Perimeter
Institute. That's why our government has already invested over $65M to support
this important initiative. This new investment will strengthen the Institute
and the government-industry partnerships that have made it possible, and help
us to continue to attract the world-class talent and the scientific knowledge
Ontario needs to compete in the 21st century."
    On behalf of the Government of Canada, The Honourable Jim Prentice,
Minister of Industry, provided these words, "Mr. Lazaridis is one of Canada's
most significant science and technology (S&T) leaders and is making an
extraordinary contribution to further strengthen our country's S&T capacity.
The recent nomination of Mr. Neil Turok as the new Executive Director of the
Institute is one of many examples of this success. The Government of Canada is
an important partner in the development of the Perimeter Institute, having
renewed public funding in March 2007 to further propel the scientific research
and outreach activities at international levels. In keeping with the
government's S&T strategy, the Perimeter Institute continues to provide the
country with a competitive advantage in the area of basic research, pushes the
frontiers of knowledge, attracts highly qualified researchers, promotes the
nation's world class excellence abroad, and shares the joys of scientific
research, discovery and technologies with Canadians from coast to coast. The
vision and role of Mike Lazaridis in the partnership have been central,
including his advocacy on behalf of basic research and education, his
leadership at the Institute, and overwhelming financial support that now
totals $150 million in personal philanthropy." More remarks can be found on
Perimeter's website.
    Mike Lazaridis, the founder and Chairman of the Board of Perimeter
Institute, thanked all national, provincial, regional and municipal partners
for their commitment to scientific research and their direct role in shaping
the institute. He also acknowledged those in wider society who engage in the
outreach activities and said, "Perimeter Institute exists because of a shared
commitment by all of the partners. Partners who know that today's scientific
research will seed tomorrow's biggest innovations. The power of human
understanding and new ideas has a long and proven history in transforming
society - such as Maxwell's unification of electricity and magnetism, and
Einstein's insights about the nature of space, time, and light. Today's
scientists are pushing our fundamental understanding even further. They are
working on the most challenging problems we have ever known and they are
calculating new solutions that, over time, will improve our society -
intellectually, materially, and by stimulating future generations of
researchers to dig even deeper. These are exciting times in science and we
have the good fortune to propel new ideas right here in Waterloo, Ontario,
Canada. It is an important mission I feel passionate about and wish to
support. Finally, all of us at Perimeter wish to thank you - the students,
teachers and members of the general public. Your enthusiasm for science
provides constant motivation to our researchers, outreach staff, and the
partnership. Collectively, we all share in the grand quest to research,
discover, and innovate."

    About Perimeter Institute:

    Canada's 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 develop new ideas about the very essence of space, time,
matter and information. The award-winning research centre provides a
multi-disciplinary environment to foster research in areas of Cosmology,
Particle Physics, Quantum Foundations, Quantum Gravity, Quantum Information,
Superstring Theory, and related areas. The Institute also provides a wide
array of educational outreach activities for students, teachers and members of
the general public in order to share the joy of scientific research, discovery
and innovation. In partnership with the Governments of Canada and Ontario,
Perimeter Institute continues to be a successful example of private and public
collaboration in science research and education. A full history is available
at http://www.perimeterinstitute.ca/.

For further information:

For further information: John Matlock, Director of External Relations
and Outreach at jmatlock@perimeterinstitute.ca

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Perimeter Institute for Theoretical Physics

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