Ontario Helps Build New Wing At Perimeter Institute
McGuinty Government Supports Research And Jobs With Infrastructure Investment
World-leading physicists will have more room to make new discoveries in Ontario, thanks to a new wing at a research institute in Waterloo.
The project to add a wing to the Perimeter Institute for Theoretical Physics, already underway, is expected to create more than 120 construction-related jobs. Ontario is contributing $10 million toward the new wing, through the Ontario Research Fund-Research Infrastructure program.
The Perimeter Institute has 85 resident researchers and hosts hundreds of visiting international scientists each year. The institute's approach to cutting-edge physics continues to attract leading scientists, such as Prof. Stephen Hawking, a PI Distinguished Research Chair, as well as new talent through the Perimeter Scholars International program. When the construction is complete, the institute will be nearly double in size and on its way to becoming a global hub for theoretical physics research.
Further details of today's investment will be announced on October 17th at 4:00 pm during the institute's 10th anniversary celebration, Quantum to Cosmos: Ideas for the Future.
- Theoretical physics is a branch of science that deals with the nature of time, space, matter and information. Pioneers in the field include Sir Isaac Newton and Albert Einstein.
- Past discoveries in theoretical physics have paved the way for innovations including space exploration, medical imaging, high-speed Internet, global positioning systems (GPS) and smart phones.
- Between 2005 and 2008, Ontario investments in research and innovation leveraged $1.1 billion while helping to advance the knowledge, skills and training of close to 30,000 individuals.
“In the 21st century, economic stimulus must create jobs today and tomorrow - it must be both shovels in the ground, and support for innovative people and innovative thinking. Ontario understands the value of world-class science to our economy today and for creating the jobs of the future.”
“Today we are saying once again that we're proud of the work that our researchers do and the wealth and jobs they create in Ontario. New discoveries will continue to be made and we want those people, those ideas and those jobs right here in Ontario.”
“Perimeter Institute is a unique public-private partnership conducting research into the basic physics that underpins modern science and technology. We are honoured to receive this new support and determined to play our full role in making Ontario a world epicentre for science, innovation and progress.”