The Province is providing $195M in funding in life sciences
Darpan News Desk The Canadian Press, 02 Mar, 2022 05:03 PM
The province is providing 195-million dollars in grant funding to help attract and retain top researchers in the life sciences field.
Jobs Minister Ravi Kahlon says Michael Smith Health Research B-C will get 116-million dollars while Genome BC will get the rest in order to spur innovation.
— Brenda Bailey, MLA (@BrendaBaileyBC) March 2, 2022
Kahlon says the province wants to leverage B-C's contributions to developing and manufacturing COVID-19 vaccines towards learning how to deal with future pandemics.
He says the funding could also help advance research in a range of areas including the development of new medications, rapid diagnostic tests for diseases and clean technology.Â
Trudeau invoked the Emergencies Act, which replaced the War Measures Act in 1988, for the first time last week, saying police needed extra help to end protests against COVID-19 restrictions that had occupied downtown Ottawa for weeks and spread to key Canada-U.S. border crossings.
Today’s funding announcement comes after The Canadian Press reported earlier this month that the government was poised to lose hundreds of temporary staff next month.
Prime Minister Justin Trudeau announced on Tuesday that Canada will deploy an additional 460 Canadian troops to help NATO in its standoff with Russia, including an artillery unit, a naval frigate and a surveillance aircraft.
Hudson's Bay Co. and its partner RioCan Real Estate Trust announced the plans Wednesday, saying the Bay store will remain at the site downtown along with other retail businesses as part of the redevelopment.