Ontario researchers think really small, dream big
McGuinty Government Invests In World's Smallest Computers To Help Ontario Get Ahead
Ontario is investing in the world's smallest computers and expecting big results.
Ontario Premier Dalton McGuinty announced nearly $18 million in funding for the Institute for Quantum Computing (IQC) at the University of Waterloo. The investment will help the centre buy new equipment used to research new discoveries in quantum computing and nanotechnology.
McGuinty made the announcement at a groundbreaking ceremony for the Mike and Ophelia Lazaridis Quantum-Nano Centre at the University of Waterloo. The centre is the first of its kind in the world.
Research into quantum information technology is aimed at developing faster, more efficient computers with components so small they can't be seen by the human eye. Together with nanotechnology, this research could lead to revolutionary new optics, computer encryption and treatments for disease.
The government's investment brings its total support for the IQC to nearly $75 million. The funding is part of the government's plan to make the province a centre of innovation and research into technologies that will lead to well-paying jobs for Ontario workers.
- Mike Lazaridis, co-CEO of Research In Motion, and his wife have donated $50 million to the IQC, the largest private contribution in the University of Waterloo's history.
- In the 1960s, a co-founder of Intel noticed transistors were being cut in half every two years or so. The theory is called Moore's Law and has held true for the last 50 years. Breakthroughs in quantum computing will play a key role in shrinking transistors to the size of atoms.
“This kind of research is key to the economy we're building in Ontario. Finding the next big thing — or small thing — and bringing it to market will make Ontario the place to invest and create jobs.”
“This investment will help to ensure that Ontario researchers have the resources they need to undertake world-leading research and technology development — and that Ontario can continue to attract the world-class talent we need to compete in the global knowledge economy.”