TORONTO – The Ontario government is investing over $278 million in research projects at universities, colleges, research institutes and research hospitals across the province. The funding is being delivered through the Ontario Research Fund and the Early Researcher Awards and supports researchers in making discoveries that help advance the development of innovative new products and technologies.
“By investing in cutting-edge research, we are safeguarding Ontario’s position at the forefront of innovation that continues to be competitive on a global scale and has the ability to attract the best and brightest talent to our province,” said Jill Dunlop, Minister of Colleges and Universities. “This will help ensure the social and economic opportunities that result from discoveries made in Ontario benefit Ontarians and the Ontario economy.”
This funding will support 406 research projects across the province, helping institutions attract and retain top research talent, and cover the costs of research operations and infrastructure, including building, renovating and equipping research facilities with laboratories and the latest technology.
These Ontario Research Fund projects support multiple provincial priorities, including:
Ontario’s Life Sciences Strategy
Driving Prosperity: The Future of Ontario’s Automotive Sector
Grow Ontario: A Provincial Agri-Food Strategy
The research sector is a key source of innovation and commercialization in the province, making it one of the leading contributors to Ontario’s global competitiveness and productivity. These investments support the province’s long-term economic growth, while fostering a skilled labour force and promoting new business opportunities in Ontario.