Canada’s Economic Action Plan Creates Jobs and Strengthens Knowledge Economy
Orillia, ON — Bruce Stanton, M.P. for Simcoe North along with Dr. Kim Fedderson, were at Lakehead University in Orillia today to highlight the progress of the construction that will create long-term employment in our area. The Canadian Government has invested in the renewal and expansion of laboratories, learning commons and student facilities at colleges and universities across Canada.
The project received a Government of Canada investment of $13 million through the Knowledge Infrastructure Program, an important job creation program launched in 2009 to help respond to the global economic recession, under Canada’s Economic Action Plan.
“Our government is investing in research and training facilities at campuses across the country to create jobs, help our economy recover quickly and improve the quality of life of Canadians,” said Bruce Stanton, M.P. “This investment is promoting local employment now and will provide the research infrastructure Lakehead University needs for years to come.”
“This incredible investment of $13 million has allowed for the creation of a state of the art multi-use academic building, which will benefit the entire student and faculty population. It will also attract new students to Lakehead University looking to further their education, and will provide the communities of Simcoe County with the access to university teaching and research they have long been seeking”, said Dr. Kim Fedderson, Dean of Lakehead University.
Lakehead University in Orillia represents the construction of Canada's first LEED Platinum university campus. This federal funding component supports a Multi-Use Academic Building at $45 million. Lakehead University at Orillia is an $85 million construction project that will generate over 400 construction jobs and substantial long-term employment opportunities (650 jobs) at the University for the economies of the City of Orillia and Simcoe County.
Through Canada’s Economic Action Plan, the government is bolstering Canada’s knowledge economy by injecting an additional $6.3 billion into the economy through investments in science, technology and innovation.
“As Canada begins to emerge from the global recession, investments in state-of-the-art research labs, libraries and learning commons are essential to creating and securing valuable, skilled jobs, both now and in the future,” said MP Stanton.
As part of Canada’s Economic Action Plan, the Government of Canada introduced the Knowledge Infrastructure Program, a $2-billion economic stimulus measure to maintain and improve research and training facilities at Canadian universities, colleges and CEGEPs. The program is providing economic stimulus, creating jobs and generating the advanced technological infrastructure needed to keep Canadian institutions at the forefront of scientific advancement and ensure economic growth in the future.
For more information on the Knowledge Infrastructure Program, visit the Knowledge Infrastructure Program website (www.ic.gc.ca/eic/site/696.nsf/eng/home).
For information on Canada’s Economic Action Plan, visit the Canada’s Economic Action Plan website (www.actionplan.gc.ca/eng/index.asp).