PARRY SOUND, ON, May 25, 2009 — Today, the Honourable Tony Clement, Minister of Industry, and Member of Parliament for Parry Sound - Muskoka announced a Knowledge Infrastructure Program investment of $3.1 million in Canadore College of Applied Arts and Technology.
This investment is part of the federal government’s two-year, $2-billion plan to repair and expand research and educational facilities at Canadian colleges and universities. The 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 colleges and universities at the forefront of scientific advancement.
“Our government’s investment in Canadore College will provide a significant short-term economic stimulus to Parry Sound and will create jobs throughout our region,” said MP Clement. “Our government is investing in innovation to create jobs, to help our economy recover quickly and to improve the quality of life for Canadians.”
Canada’s Economic Action Plan sets out to stimulate the Canadian economy over the next two years and to improve our 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 and application instructions, please visit
www.ic.gc.ca/knowledge-infrastructure.
