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Ministers Champagne, Joly and Carr highlight Budget 2021 biomanufacturing investments

From: Innovation, Science and Economic Development Canada Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry; the Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for Western Economic Diversification Canada; and the Honourable Jim Carr, Special Representative for the Prairies, met with representatives of the University of Saskatchewan to discuss an investment in vaccine research and development at the Vaccine and Infectious Disease Organization (VIDO) from Budget 2021: A Recovery Plan for Jobs, Growth, and Resilience. Budget 2021 is the Government of Canada’s plan to finish the fight against COVID-19 and ensure a robust economic recovery that is inclusive of all Canadians.

Canada invests in Vaccine and Infectious Disease Organization

From: Innovation, Science and Economic Development Canada Backgrounder The Government of Canada has long supported the University of Saskatchewan’s Vaccine and Infectious Disease Organization’s (VIDO) cutting-edge work in the discovery and development of vaccines for some of the world’s most infectious diseases. The Government of Canada has long supported the University of Saskatchewan’s Vaccine and Infectious Disease Organization’s (VIDO) cutting-edge work in the discovery and development of vaccines for some of the world’s most infectious diseases. In Budget 2021, the Government of Canada proposed a $59.2-million commitment to VIDO through Western Economic Diversification Canada to support the development of its COVID-19 vaccine candidates and expand its facility in Saskatoon.

Federal budget reveals investments for clean tech and biomanufacturing sectors - PLANT

Federal budget reveals investments for clean tech and biomanufacturing sectors April 21, 2021   Maryam Farag The 2021-2022 federal budget revealed $17.6 billion towards clean tech investments and green initiatives, and $2.2 billion in biomanufacturing and life sciences sectors. The key highlights in the government’s $2.2 billion over seven years towards the sector of life sciences and biomanufacturing include: $500 million over four years for the Canada Foundation for Innovation to support the bio-science capital and infrastructure needs of post-secondary institutions and research hospitals. $250 million over four years for the federal research granting councils to create a new tri-council biomedical research fund. $92 million over four years for adMare to support company creation, scale up, and training activities in the life sciences sector.

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