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Announcements - Canada's Economic Action Plan
June 11, 2009 — Ottawa, Ontario
As announced in its Economic Action Plan, the Government of Canada is taking exceptional measures to protect the jobs, savings and retirement security of Canadians. These measures will help counter the effects of the global recession at home, while working with Canada’s international partners for a quick return to global economic growth and long-term prosperity.
NRC is helping the government attain its economic objectives. For example, NRC will help more small and medium-sized enterprises (SMEs) receive the capital and expertise they need to commercialize technology, while Canadian post-secondary graduates will gain valuable employment opportunities — thanks to an immediate $200 million federal investment in the NRC Industrial Research Assistance Program (NRC-IRAP).
This commitment reinforces NRC’s ability to provide S&T expertise to SMEs, helping them move knowledge from the lab to the world’s marketplace. NRC will support approximately 1,400 more SMEs over the next two years, which will ultimately create new jobs.
The government will also invest more than $19 million to modernize 28 NRC research facilities over the next two years. This investment will help researchers develop innovative solutions for all Canadians in priority areas such as health and wellness, sustainable energy and the environment.
For more information about the Government’s Economic Action Plan, visit www.actionplan.gc.ca.
