Perimeter Institute for Theoretical Physics

Perimeter Institute for Theoretical Physics

March 24, 2006 08:05 ET

Perimeter Institute For Theoretical Physics Welcomes Renewed Ontario Investment

WATERLOO, ONTARIO--(CCNMatthews - March 24, 2006) - The Government of Ontario has announced key investments in strategic research and innovation projects. The March 23rd budget includes an increase in financial commitment to Perimeter Institute for Theoretical Physics (PI) in recognition of its accomplishments and future directions in scientific research and educational outreach. The Institute warmly welcomes this renewed commitment of $50 M from the Ministry of Research and Innovation in an established private-public partnership. Howard Burton, Executive Director of Perimeter Institute, says "...renewed investment is vital towards ensuring that the Institute can successfully compete at the highest levels of international excellence in the years to come."

Additionally, Perimeter Institute's partnership with the Institute for Quantum Computing at the University of Waterloo, which also received $50 M in the announcement, is "...an unequivocal demonstration of the research potential and opportunity that exists in Waterloo Region and a strong endorsement of the global leadership position that the region has taken in the exciting new field of quantum information research" says Dr. Burton.

About PI:

Perimeter Institute scientists push the limits of our understanding of physical laws and calculate new ideas about the very nature of space, time and matter. The Institute also provides a wide array of educational outreach activities for students, teachers and the general public to share the joy of scientific research and discovery. Details are available online at www.perimeterinstitute.ca.

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