Government of Canada

Government of Canada

February 18, 2010 20:19 ET

Industry Minister Tony Clement Meets With University of British Columbia President Stephen Toope

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 18, 2010) - A shared commitment to supporting research, innovation and commercialization was on the agenda today when the Honourable Tony Clement, Minister of Industry, met with University of British Columbia (UBC) President Stephen Toope at the university's main campus in Vancouver.

 "The Government of Canada has a strong history of cooperation with the University of British Columbia," said Minister Clement. "Institutions like UBC play an essential role in fostering the innovation, talent and ideas that will strengthen Canada's competitiveness and productivity for today and for the future."

Canada is a world leader in post-secondary research. The country ranks first in the G7 for research and development performed in the higher-education sector as a percentage of gross domestic product.

Thanks to Canada's Economic Action Plan, UBC has benefited from a number of recent federal initiatives. It is a key player in the Centres of Excellence for Commercialization and Research program, which helps researchers develop their findings into new, practical, applied and marketable solutions, and advance the commercialization of technologies, products and services.

 The university also received $33 million in infrastructure funding under the $2-billion Knowledge Infrastructure Program, launched in spring 2009 to renew infrastructure at Canada's post-secondary institutions.

 Through budgets 2006, 2007 and 2008, more than $2.2 billion was invested in new science and technology funding. In 2009, Canada's Economic Action Plan made one of the largest additional investments in science and technology in Canada's history — more than $5.1 billion.

Contact Information

  • Office of the Honourable Tony Clement
    Minister of Industry
    Lynn Meahan - Press Secretary
    Industry Canada
    Media Relations