The Ontario government says its investment of $37.4 million into more than 180 research projects will improve the lives of families across the province.
At Trent University in Peterborough on Thursday, Vic Fedeli, Ontario’s minister of economic development, job creation and trade, announced the funds for 183 research projects at 23 institutions. The money comes from the Ontario Research Fund.
“Ontario is open for business and open for jobs, and research leads to new knowledge that can help our businesses and improve quality of life for our families,” Fedeli said. “Supporting our researchers today is an investment in a bright future of health care advances, new technology, new companies and jobs.”
Trent University will receive $567,089 for four projects, including money to support the purchase of a state-of-the-art laser system for the Slepkov Biophotonics Lab. Dr. Aaron Slepkov’s lab uses high-power laser microscopy to advance knowledge across a broad range of sectors, from advanced manufacturing to studying diseases like osteoporosis to the development of nutrient-rich, plant-based foods.
“Trent University is home to world-class researchers. Having the latest technology will help researchers here in Peterborough contribute to a strong Ontario economy,” said Peterborough-Kawartha MPP Dave Smith.
Other Trent projects receiving funding from the provincial government include lead researcher James Conolly’s Maritime Archaeology Research Infrastructure, the Agricultural Soil Health Laboratory, led by researcher Karen Thompson, and the Centre for Biomedical Research and Biosensing, whose lead researcher is Sanela Martic.
Neil Emery, vice-president of research and innovation at Trent, says the investments are invaluable to universities and scientists who rely on the performance of equipment to deliver “quality scientific results.”
“Trent University is so grateful for the support from the province, which will be helping four researchers in physics, forensics, agriculture and archeology modernize their laboratories to a world-class level, enabling innovations in materials science, biochemistry, soil health enhancement and aquatic environmental assessments,” he said.
“The grants to Trent University also help enhance the learning experience for our student researchers as they gain hands-on experience with new technology that is also used outside of academia.”
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The 183 projects were selected through a competitive peer-review process, according to Fedeli, who said Thursday’s news builds on the nearly $41 million invested in 174 projects announced by the government in September.
A spokesperson for Fedeli’s office tells Global News the other research projects will be announced in the near future.
7:07 Queen’s professors Dr. Mark Chen and Dr. Mark Richardson discuss dark matter
Queen’s professors Dr. Mark Chen and Dr. Mark Richardson discuss dark matter
TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.
The S&P/TSX composite index was up 103.40 points at 24,542.48.
In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.
The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.
The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.
The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.
This report by The Canadian Press was first published Oct. 16, 2024.
TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.
The S&P/TSX composite index was up 205.86 points at 24,508.12.
In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.
The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.
The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.
The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.
This report by The Canadian Press was first published Oct. 11, 2024.
TORONTO – Canada’s main stock index was little changed in late-morning trading as the financial sector fell, but energy and base metal stocks moved higher.
The S&P/TSX composite index was up 0.05 of a point at 24,224.95.
In New York, the Dow Jones industrial average was down 94.31 points at 42,417.69. The S&P 500 index was down 10.91 points at 5,781.13, while the Nasdaq composite was down 29.59 points at 18,262.03.
The Canadian dollar traded for 72.71 cents US compared with 73.05 cents US on Wednesday.
The November crude oil contract was up US$1.69 at US$74.93 per barrel and the November natural gas contract was up a penny at US$2.67 per mmBTU.
The December gold contract was up US$14.70 at US$2,640.70 an ounce and the December copper contract was up two cents at US$4.42 a pound.
This report by The Canadian Press was first published Oct. 10, 2024.
