Canadian Minister of Science Kirsty Duncan announced last week that the federal government has moved to stabilize funding for the Canadian Foundation for Innovation (CFI) over the long term.
"Today’s announcement of stable, long-term funding will help Canada continue to be an international destination for research and innovation,” Duncan said in a March 13 press release.
The federal minister pledged $763 million of new funding over the next five years and $462 million per year starting in 2023-24.
The CFI's funding programs, including the Major Science Initiative, Infrastructure Operating Fund, Leaders Opportunity Fund, act as the primary Canadian funding agency supporting essential research equipment and infrastructure in university labs and major research facilities. The foundation has been a vital partner in the growth of Canadian astroparticle physics research and the expansion of major facilities such as SNOLAB and TRIUMF.
A major federal review of Canadian science and technology R&D published in 2017 had recommended that the funding envelopes for CFI should be guaranteed over longer time-intervals to allow the scientific community and government founders to better plan and support long-term projects ( see Fundamental Science Review [“Naylor Report”] —