{"id":1731,"date":"2010-03-05T12:10:45","date_gmt":"2010-03-05T17:10:45","guid":{"rendered":"http:\/\/brocku.ca\/brocknews\/?p=1731"},"modified":"2010-03-05T12:10:45","modified_gmt":"2010-03-05T17:10:45","slug":"federal-budget-drives-innovation-for-future-growth-cou","status":"publish","type":"post","link":"https:\/\/brocku.ca\/brock-news\/2010\/03\/federal-budget-drives-innovation-for-future-growth-cou\/","title":{"rendered":"Federal budget drives innovation for future growth: COU"},"content":{"rendered":"<p>Toronto, March 4, 2010 \u2013 Today\u2019s federal budget investments in research were welcomed by the Council of Ontario Universities (COU) as drivers of innovation, talent and growth and are particularly appreciated in this time of fiscal and economic challenges.<\/p>\n<p>\u201cWe appreciate the federal government\u2019s new investments in the granting councils, the indirect costs of research program and post-doctoral scholarships,\u201d said Sheldon Levy, Chair of COU and President of Ryerson University. \u201cCollectively, they will help to foster continued innovation from our universities and to attract and retain the highly qualified individuals that are so critical to our country\u2019s prosperity.\u201d<\/p>\n<p>Budget 2010 provided a total of $32 million for the three major granting councils and an additional $8 million per year toward the indirect costs of research, which recognizes the importance of supporting research infrastructure. As well, the budget provided $45 million over five years to the granting councils to establish a new post-doctoral fellowships program to help attract and retain talented PhD graduates in Canada.<\/p>\n<p>\u201cThese are difficult times and tough decisions are being made, but the federal government understands that now more that ever we need to grow the country\u2019s competitive advantage by investing in research that expands the boundaries of knowledge, creates new products and services, and shapes the policies of our society,\u201d said Bonnie Patterson, President of COU.<\/p>\n<p>Ontario universities play a major role in Canada\u2019s innovation system, receiving close to 40 percent of federal research funding.<\/p>\n<p>Other examples research investments that will have an impact on universities in Ontario and across the country include:<\/p>\n<ul>\n<li> An additional $75 million in 2009-2010 for Genome Canada<\/li>\n<li> $35 million over two years to Natural Resources Canada to support research and development of new technologies for the production of isotopes<\/li>\n<li> An additional $10 million over two years for a clinical trials network to help move research isotopes and imaging into clinical practice<\/li>\n<li> $8 million over two years to extend the International Science and Technology Partnerships Program<\/li>\n<\/ul>\n<p>The budget\u2019s affirmed commitment to the roll out of the Knowledge Infrastructure Program is also welcomed by Ontario universities. \u201cThe program, together with the provincial government\u2019s investments, has provided jobs and additional revenue for supply companies to many communities around the province. The funding will also enhance the modern technology and infrastructure that universities need to teach students and conduct cutting-edge research.\u201d said Patterson.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The March 4 federal budget investments in research were welcomed by the Council of Ontario Universities (COU).<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/posts\/1731"}],"collection":[{"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/comments?post=1731"}],"version-history":[{"count":2,"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/posts\/1731\/revisions"}],"predecessor-version":[{"id":1733,"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/posts\/1731\/revisions\/1733"}],"wp:attachment":[{"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/media?parent=1731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/categories?post=1731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brocku.ca\/brock-news\/wp-json\/wp\/v2\/tags?post=1731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}