Federal investment of over $11 million is creating jobs, expanding research and fostering innovation in Moncton
MONCTON, NB, Feb. 8, 2019 /CNW/ - The Honourable Ginette Petitpas Taylor, Minister of Health, was at the Université de Moncton today on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, to tour its new infrastructure project.
Université de Moncton received an investment of $11.3 million through the Government of Canada's Post-Secondary Institutions Strategic Investment Fund to renovate the Faculty of Science and construct the New Brunswick Centre for Precision Medicine. This centre of excellence will build on the university's strength in biomedical research to provide space for the incubation of emerging companies and become New Brunswick's first transdisciplinary health research centre situated in a clinical setting.
Building state-of-the-art facilities, labs and modern learning spaces is essential for skills and innovation. That's why the Government invested $2 billion in 300 projects under the Post-Secondary Institutions Strategic Investment Fund to renew university and college campuses across the country. The Fund also supports improved energy efficiency of lab facilities to help reduce their impact on the environment.
Today's event builds on the Atlantic Growth Strategy, which is a commitment of the Government of Canada and the governments of the four Atlantic provinces. The strategy involves targeted actions to stimulate Atlantic Canada's economy, including supporting key infrastructure projects that contribute to long-term growth and position the region to capitalize on emerging opportunities.
"Our government's historic infrastructure investment in Université de Moncton will allow students and faculty to build on their research skills and expertise at New Brunswick's first-of-its-kind health research centre. This will boost long-term innovation not only regionally but across Canada."
– The Honourable Ginette Petitpas Taylor, Minister of Health
"When it opens, the New Brunswick Centre for Precision Medicine will help improve work in biomedical research, gene sequencing and population heath by bringing together three partners under the same roof: Université de Moncton, the Vitalité Health Network and the Atlantic Cancer Research Institute. The university is happy about this strategic investment that will encourage the broadening of health research."
– Jacques Paul Couturier, Interim President and Vice Chancellor, Université de Moncton
- The targeted, short-term investments under the Post-Secondary Institutions Strategic Investment Fund are promoting economic activity across Canada and helping Canada's universities and colleges develop highly skilled workers, act as engines of discovery, and collaborate on innovations that help Canadian companies compete and grow internationally.
- The Post-Secondary Institutions Strategic Investment Fund is supporting the Government of Canada's climate change objectives by encouraging sustainable and green infrastructure projects.
- Budget 2018 proposed a historic investment of nearly $4 billion in research, researchers and needed equipment.
- The Innovation and Skills Plan is helping grow the economy, creating middle-class jobs—2 million more in science- and tech-related fields by 2025—and providing Canadians with the skills they need to succeed. Today's announcement is a prime example of that vision in action.
- Post-Secondary Institutions Strategic Investment Fund
- Atlantic Growth Strategy
- Innovation and Skills Plan
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SOURCE Innovation, Science and Economic Development Canada
For further information: Dani Keenan, Press Secretary, Office of the Minister of Innovation, Science and Economic Development, 343-291-1710; Media Relations, Innovation, Science and Economic Development Canada, 343-291-1777, firstname.lastname@example.org