June 4, 2009
MONCTON (CNB) - An investment of $11.2 million through the Knowledge Infrastructure Program (KIP) for Université de Moncton infrastructure was announced today by Premier Shawn Graham and federal Minister of Industry Tony Clement.
Through KIP, New Brunswick is receiving a total contribution of $49 million, with $36.8 million going to universities, and $12.25 million going to the community college system.
"We are pleased that the Université de Moncton in receiving $11.2 million under KIP for its three campuses," said Graham. "Coupled with our investment, the university is receiving over $24 million to help meet its infrastructure needs, and meet the educational requirements of future generations."
The investments in infrastructure are funded by both levels of government and, in some cases, with contributions from the post-secondary institutions. The New Brunswick government has already committed $180 million to the infrastructure of its community college and universities.
"As the largest francophone university east of Quebec, Université de Moncton plays a major role in educating francophones from not only the Maritime provinces, but from across Canada," said Minister of Post-Secondary Education, Training and Labour Donald Arseneault. "It is a vital institution to our province and our region."
"The Knowledge Infrastructure Program provides an opportunity for effective partnerships between the provincial and the federal government during the renewal and rebuilding of strong Canadian and provincial economies," said Premier Graham "This funding, coupled with our recent substantial capital investments in community colleges and universities will allow New Brunswick to continue moving forward on the road to self-sufficiency."
As part of Canada's Economic Action Plan, the Government of Canada introduced KIP, a two-year, $2-billion economic stimulus measure to support infrastructure enhancement at Canadian post-secondary institutions.
"At a time of economic uncertainty, the Government of Canada is making a strong intervention to stimulate economic activity through KIP," said Clement. "This initiative to renew Canada's college and university infrastructure will provide a significant short-term economic stimulus and put many people to work, while also strengthening Canada's position as a world leader in science and technology, for the benefit of all Canadians."
MEDIA CONTACTS: Marie-Josée Groulx, communications, Department of Post-Secondary Education, Training and Labour, 506-444-3465; Pema Lhalungpa, press secretary; Office of Industry Minister Tony Clement, 613-995-9001.