McGuinty Government Advances Research With $94-Million Funding Boost
TORONTO, June 11 /CNW/ -
Ontario is taking a new step in the battle against cancer by supporting
groundbreaking new genomics and medical research.
The government is investing $94 million to support 31 research projects
and more than 300 researchers in seven communities across Ontario. More than
half of today's funding will support medical research happening across the
Premier Dalton McGuinty announced today that researchers at the Ottawa
Hospital Research Institute will receive $18.5 million to help move genomics
research forward and develop new treatments for cancer that would spare
patients the toxic effects of chemotherapy.
The funding will also support numerous projects across the province
dealing with basic science and research into information and communications
technologies, clean technologies and digital media - all sectors where Ontario
has significant strengths.
"The work being done by our researchers is tremendously important. First
and foremost, this investment is about taking care of the health of our loved
ones. But it is also about our ability to improve the quality of life of all
Ontarians through the economic opportunities that research and innovation
- Dalton McGuinty, Premier of Ontario
"Ontario is prepared to compete on our talent, our skilled workforce and
our ability to turn research into reality. Today we are saying once again that
we're proud of the work that our researchers do and the wealth and jobs that
they create in Ontario."
- John Wilkinson, Minister of Research and Innovation
- Ontario is the largest hub of biomedical activity in Canada and the
fourth largest biomedical research centre in North America.
- The life sciences sector employs 43,000 people at more than 800
companies across the province, generating annual revenues of more
than $14 billion.
- Ontario's Innovation Agenda
(http://www.mri.gov.on.ca/english/programs/oia/program.asp) is a
$3.2-billion strategy to make Ontario one of the best places in the
world to turn new knowledge and ideas into new companies and jobs.
Find out about the research projects
(http:/www.mri.gov.on.ca/english/news/ORF061109.asp)Ontario is funding in
Explore the Ontario Institute for Cancer Research
Read some of Ontario's research and innovation success stories
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For further information:
For further information: Premier's Media Office: (416) 314-8975