Industry Canada

Industry Canada

June 04, 2009 10:55 ET

Canada and Prince Edward Island Invest to Expand Post-Secondary Education Research Capacity

CHARLOTTETOWN, PRINCE EDWARD ISLAND--(Marketwire - June 4, 2009) - The Honourable Tony Clement, Minister of Industry, and the Honourable Robert Ghiz, Premier of Prince Edward Island, today announced infrastructure investments in two projects at post-secondary institutions in Prince Edward Island.

In partnership with the provincial and territorial governments, and as part of Canada's Economic Action Plan, the Government of Canada introduced the Knowledge Infrastructure Program. This two-year, $2-billion economic stimulus measure will support infrastructure enhancement at Canadian post-secondary institutions, including universities and community colleges. Today's announcement celebrates the projects in Prince Edward Island.

The federal-provincial investment today totals $21 million over two years, including $10.5 million in federal funding and $10.5 million in provincial funding.

"Our government's investment, through the Knowledge Infrastructure Program, provides significant short-term economic stimulus into local communities throughout Prince Edward Island, while strengthening Canada's long-term capacity for research and innovation," said Minister Clement. "The renewal of these post-secondary facilities will encourage world-class researchers to work in PEI with the tools they need for the discoveries that will benefit all Canadians."

"This partnership will help ensure that our post-secondary institutions can continue to attract and retain workers who drive innovation and growth," said Premier Ghiz. "Our government has introduced the Island Prosperity Strategy, a five-year, $200-million economic development strategy, as a means of diversifying the Island economy. Post-secondary education and skills development programs are key components of our government's vision. The Government of Prince Edward Island is committed to investing in people, infrastructure and innovation in order to create meaningful employment opportunities for all Islanders."

The Knowledge Infrastructure Program is helping to provide economic stimulus and promote employment by creating jobs for engineers, architects, tradespeople and technicians. It is also helping to generate the advanced technological infrastructure needed to keep Canada's research and educational facilities at the forefront of scientific advancement.

Canada's Economic Action Plan sets out to stimulate the Canadian economy over the next two years and to improve the country's long-term competitiveness through $12 billion in new infrastructure investment, which includes the $2-billion Knowledge Infrastructure Program. This new support is the next substantive investment in the Government of Canada's multi-year Science and Technology Strategy, Mobilizing Science and Technology to Canada's Advantage.

For more information about the Knowledge Infrastructure Program, including program criteria, application instructions and a list of the approved projects to date, please visit www.ic.gc.ca/knowledge-infrastructure.

For information on Canada's Economic Action Plan, please visit www.actionplan.gc.ca.

For more information on Prince Edward Island's innovation strategy, please visit www.IslandProsperity.ca


BACKGROUNDER

Knowledge Infrastructure Program

The Knowledge Infrastructure Program is a two-year, $2-billion economic stimulus measure to support infrastructure enhancement at post-secondary institutions across Canada.

The Program provides funding to support deferred maintenance, repair and expansion projects at universities and colleges, and responds directly to the need indicated by post-secondary institutions to improve existing campus infrastructure across the country. A major portion of this infrastructure is near the end of its projected life cycle and, in many cases, does not adequately meet the needs of today's research and teaching activities.

The Program has two components. The university component gives preference to projects that can improve the quality of research and development at the institution. The college component supports projects at other post-secondary institutions, such as colleges, publicly funded polytechnic schools and institutes of technology, which will strengthen their ability to deliver advanced knowledge and skills training.

Projects are assessed according to their ability to quickly and effectively generate economic activity and support job creation. Project readiness and economic impact are, therefore, key criteria used in project selection. Projects are also assessed on their ability to enhance research capacity, support the attraction of new students and provide a better educational experience for the highly skilled workers of tomorrow.

The Program will not only generate economic benefits and support job creation, but will also have an important positive net impact on the environment by reducing energy use, reducing greenhouse gas emissions and improving waste management at universities and colleges across Canada.

Knowledge Infrastructure Program Investments in Prince Edward Island Post-Secondary Institutions

Through the Knowledge Infrastructure Program, the federal government is investing $10.5 million to fund two projects at post-secondary institutions in Prince Edward Island. The Province of Prince Edward Island is also providing $10.5 million in funding for these projects.

For information about a specific project, please contact the relevant institution.



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Institution Project Description Federal Provincial
Contribution Contribution
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University of Essential Physical
Prince Edward Island Infrastructure $2,000,000 $2,000,000
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Holland College Holland College
Redevelopment Project $8,500,000 $8,500,000
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TOTAL $10,500,000 $10,500,000
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Contact Information

  • Government of Canada
    Office of the Honourable Tony Clement
    Minister of Industry
    Pema Lhalungpa - Press Secretary
    613-995-9001
    or
    Industry Canada
    Media Relations
    613-943-2502
    or
    Government of Prince Edward Island
    Office of the Premier
    Erin Mitchell
    Director of Communications
    902-368-4400