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Millions Announced For MUN Research Building

The funding is to ensure the university can continue its biomedical research activities and offer certified degree programs.

Memorial University will provide an additional $15.6 million for the project.

The funding was announced by Public Services and Procurement Minister Judy Foote, on behalf of Innovation, Science and Economic Development Minister Navdeep Bains.

In total, universities and colleges throughout Newfoundland and Labrador will receive more than $85.2 million from the Government of Canada, the provincial government, the institutions themselves and private donors.

Federal funding will be allocated through the Post-Secondary Institutions Strategic Investment Fund, to modernize research facilities on Canadian campuses and improve the environmental sustainability of these facilities.

“Through the strategic investment fund, our government is supporting innovation to help improve opportunities for business, create jobs in the Atlantic Canada region and contribute to Atlantic Canada’s reputation as an innovation hub,” Foote said in a news release.

“This once-in-a-generation investment by the Government of Canada is a historic down payment on the government’s vision to position Canada as a global centre for innovation,” Bains stated in the release.