FREDERICTON, NEW BRUNSWICK--(Marketwired - Sept. 6, 2016) - The Government of Canada values the role of post-secondary institutions as they help equip young Canadians with the education and training they need for future careers that will help them join a strong, healthy middle class. Today's $24.88-million investment at the University of New Brunswick (UNB) will do just that by fostering the training needed for the well-paying middle-class jobs of today and tomorrow.
The funding was announced today by the Honourable Dominic LeBlanc, Minister of Fisheries, Oceans and the Canadian Coast Guard, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, and by the Honourable Brian Gallant, Premier of New Brunswick.
The Government of Canada's Innovation Agenda aims to make this country a global centre for innovation-one that creates jobs, drives growth across all industries and improves the lives of all Canadians. This investment exemplifies that vision in action and will help create the well-paying middle-class jobs of tomorrow.
The funding will support the Centre for Healthy Living, a green facility providing research and teaching space for the Faculty of Kinesiology, a recognized leader in research and knowledge mobilization in healthy living and health promotion strategies. This new centre will be adjacent to the Richard J. CURRIE CENTER and directly linked to the Andrew and Marjorie McCain Human Performance Laboratory, creating a nationally significant and innovative research cluster in applied health research.
Of the $24.88 million in funding, $16.59 million is federal and $8.29 million is provincial. The university is contributing a further $11.1 million to the project.
In total, universities and colleges throughout New Brunswick will receive more than $111 million from the Government of Canada, the provincial government, the institutions themselves and private donors. Federal funding will be allocated through the Post-Secondary Institutions Strategic Investment Fund, which will enhance and modernize research facilities on Canadian campuses and improve the environmental sustainability of these facilities.
As a result of these investments, students, professors and researchers will work in state-of-the-art facilities that advance the country's best research. They will collaborate in specially designed spaces that support lifelong learning and skills training. They will work in close proximity with partners to turn discoveries into products or services. In the process, they will train for-and create-the high-value, middle-class jobs of the future. And their discoveries will plant the seeds for the next generation of innovators.
That is how the Strategic Investment Fund will jump-start a virtuous circle of innovation, creating the right conditions for long-term growth that will yield benefits for generations to come.
On July 4, 2016, the Government of Canada and the governments of the four Atlantic provinces launched,the Atlantic Growth Strategy, which involves targeted actions to stimulate Atlantic Canada's economy, including supporting key infrastructure projects that support long-term growth and position the region to capitalize on emerging opportunities. Today's announcement builds on this commitment.
"This once-in-a-generation investment by the Government of Canada is a historic down payment on the government's vision to position Canada as a global centre for innovation. That means making Canada a world leader in turning ideas into solutions, science into technologies, skills into jobs and start-up companies into global successes. Investments like this also support our Atlantic Growth Strategy, designed to stimulate the region's economy and address its challenges while building on Atlantic Canada's competitive advantages, such as its strong export potential, growing innovation ecosystem and skilled workforce."
- The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development
"This project will support industry, both here in Atlantic Canada and across the country, and contribute to building a vibrant economic future by helping grow the middle class and address regional challenges. Through the Strategic Investment Fund, we are supporting innovation to help improve opportunities for business, create jobs in the Atlantic region and contribute to Atlantic Canada's reputation as an innovation hub."
- The Honourable Dominic LeBlanc, Minister of Fisheries, Oceans and the Canadian Coast Guard
"Your government understands what matters most to New Brunswickers: the economy, education and health care. We are proud to partner with the Trudeau government to get things done in these priority areas."
- Brian Gallant, Premier, Government of New Brunswick
"Investments like the ones being made under the Government of Canada's Post-Secondary Institutions Strategic Investment Fund and by the Province of New Brunswick support the construction or renovation of the research infrastructure our universities and colleges need to train young people for the high-value jobs of the future."
- Matt DeCourcey, Member of Parliament for Fredericton.
"The proposed Centre for Healthy Living has been a project that's been on UNB's priority list for almost a decade. Thanks to the generous support of our federal and provincial governments, UNB will have a new space to grow our nationally significant research cluster focused on health, wellness, physical fitness and health promotion that will help establish New Brunswick as a leader in preventative health care."
- Dr. Eddy Campbell, President, University of New Brunswick
- The Government of Canada is providing close to $50 million for research infrastructure at institutions across New Brunswick. The University of New Brunswick has been awarded $16.59 million for a project at the Fredericton campus.
- The Government of Canada's Innovation Agenda is designed to ensure Canada is globally competitive in promoting research, translating ideas into new products and services, accelerating business growth and propelling entrepreneurs from the start-up phase to international success.
- The targeted, short-term investments under the Post-Secondary Institutions Strategic Investment Fund will promote economic activity across Canada and help Canada's universities and colleges develop highly skilled workers, act as engines of discovery, and collaborate on innovations that help Canadian companies compete and grow internationally.
- The Post-Secondary Institutions Strategic Investment Fund supports the Government of Canada's climate change objectives by encouraging sustainable and green infrastructure projects.
- On July 4, 2016, the Government of Canada and the governments of the four Atlantic provinces unveiled the Atlantic Growth Strategy, a homegrown, prosperity-focused and evidence-based strategy to stimulate the region's economy and address both long-standing and emerging regional challenges.
- The Atlantic Growth Strategy is aimed at stimulating economic growth in the region by focusing joint federal and provincial efforts and resources on the following five main areas of action: skilled workforce/immigration, innovation, clean growth and climate change, trade and investment, and infrastructure.
- As part of the Atlantic Growth Strategy, both levels of government will work together on key infrastructure projects.
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