Today I was happy to announce that the province is investing more than $240 million over three years to help advance research at five leading research institutes across Ontario. By supporting advanced research, we will continue to strengthen its existing innovation and commercialization capacity, grow its skilled workforce, and position itself as a global leader.
This investment includes:
- $216 million for the Ontario Institute for Cancer Research, a not-for-profit research institute that conducts and enables high-impact cancer research to accelerate the development of discoveries for patients in Ontario and worldwide.
- $7.5 million for Ontario Genomics, a not-for-profit organization that is leading the application of genomics-based solutions — the science of interpreting and harnessing DNA codes of living organisms that help drive economic growth and improve people’s quality of life.
- $6 million for Clinical Trials Ontario, a leading not-for-profit organization dedicated to strengthening, promoting and capitalizing on Ontario’s competitive advantages for conducting high-quality clinical trials.
- $6 million for The Fields Institute, a centre for mathematical research activity that brings together mathematicians from across Canada and abroad to carry out research and address problems of shared interest.
- $4.74 million for Compute Ontario, which brings together many partners and stakeholders in the province’s digital research infrastructure ecosystem to coordinate provincial and federal investments and strategy to better support Ontario’s researchers.