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Navdeep Bains, minister of Innovation, Science and Economic Development, announces the funding agreement on the University of Calgary campus Friday.
Photos by Riley Brandt, University of Calgary
The federal government announced Friday that the University of Calgary received funding for eight key infrastructure projects totalling $160
million from the Post-Secondary Institutions Strategic Investment Fund (SIF). The federal government will provide $78 million, with the remaining
$82 million coming from a mix of provincial funding, philanthropy and the university’s own infrastructure dollars.
“This once-in-a-generation investment by the Government of Canada is a historic downpayment on the government’s vision to position Canada
as a global centre for innovation,” said Navdeep Bains, minister of Innovation, Science and Economic Development. “That means making
Canada a world leader in turning ideas into solutions, science into technologies, skills into middle-class jobs and startup companies into global
successes. This investment will create conditions that are conducive to innovation and long-term growth, which will in turn keep the Canadian
economy globally competitive.”
“We are extremely pleased and thank the federal government for this incredible investment and the provincial government for their ongoing
support,” says University President Elizabeth Cannon. “This is truly a great day for our students, our researchers and the Alberta economy. What
a fantastic way to start the school year — providing our brightest minds with the best spaces in which to learn, explore and collaborate.”
With this funding, the University of Calgary will accelerate infrastructure projects that will benefit students and researchers. The university will
also be able to accelerate progress towards our sustainability goals related to energy performance and emissions reduction. This significant
investment to improve campus facilities will also create immediate construction jobs and longer-term economic diversification through research
and innovation during a challenging time for Alberta.
The provincial government showed their support at today’s announcement. “Supporting our post-secondary institutions with these important
infrastructure investments will ensure Albertans have access to quality, modern learning opportunities and create much needed jobs to stimulate
and grow our economy,” said Marlin Schmidt, minister of Advanced Education.
1 of 3 5/29/2018, 11:20 AM
UCalgary receives funding for eight infrastructure projects totalling $16... https://www.ucalgary.ca/utoday/issue/2016-09-12/ucalgary-receives-fun...
2 of 3 5/29/2018, 11:20 AM
UCalgary receives funding for eight infrastructure projects totalling $16... https://www.ucalgary.ca/utoday/issue/2016-09-12/ucalgary-receives-fun...
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