The Honourable Tony Clement, Minister of Industry, today announced funding for several groundbreaking, large-scale, multidisciplinary research projects. These projects will play an important role in connecting academic researchers to Canadian organizations in an effort to propel new knowledge generation and technology applications for the benefit of Canadians right now. The grants, totalling $56 million over five years, from the Natural Sciences and Engineering Research Council of Canada (NSERC) will support 11 research networks focused on areas of social and economic importance. The networks will create new market opportunities for various sectors, including manufacturing and forestry. Minister Clement made the announcement during a keynote address at the Canadian Manufacturers & Exporters conference held today in Ottawa.
"Our government's investments in science and technology are creating jobs, stimulating the economy and improving Canadians' quality of life," noted Minister Clement. "We are investing more in innovation than ever before in Canada's history. By supporting the research being done by these networks, we are building the economy of tomorrow and helping our universities blaze the way to greater long-term prosperity and innovation that will benefit Canadians for years to come."
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