No. 2010/55 - Pointe-Claire, Quebec - August 18, 2010
Check Against Delivery
It’s a pleasure to be in Pointe-Claire this morning to talk about how our government is supporting science and technology projects across Canada.
As a key Canadian hub for international trade and investment, the Montreal region makes a perfect backdrop for talking about innovation and global partnerships.
I am here today to announce a joint investment by Canada and Brazil of $3.7 million to support innovation, science and technology in our two countries.
The joint investment will support six new science and technology projects to be undertaken by companies and universities in Canada and Brazil.
The Government of Canada is contributing $975,000 under the International Science and Technology Partnerships Program, which provides funding for the Canada-Brazil Framework Agreement for Cooperation on Science, Technology and Innovation.
One of the six recipients of these funds is MPB Communications Inc., right here in Pointe-Claire, which is conducting a joint project with Brazil-based FiberWork Optical Communications.
This exciting research project focuses on improving optical ground wire networks.
The goal is to develop innovative technology that will help utilities like gas and electricity companies to boost the reliability of their networks and, hopefully, reduce the associated costs at the same time.
This is a perfect example of how we can share knowledge and encourage innovation—to the benefit of citizens in both Canada and Brazil.
We are helping increase Canada’s international competitiveness and prosperity by building stronger science and technology relationships with key partner countries like Brazil.
Our countries are already collaborating in areas such as aerospace, science and technology, health, agriculture, labour and defence.
Through investments like the one we are announcing today, we will strengthen our relationship in the science and technology sector.
The Science and Technology Framework Agreement will pave the way for deeper cooperation in key areas which will likely include renewable energy, biotechnology, and information and communication technology.
And it will help us enhance research, encourage innovation and commercialize new products and services.
Research and innovation are core elements of Canada’s trade agenda.
They allow modern economies to improve competitiveness and productivity.
By bringing together the best and brightest research minds in Canada and Brazil, we can encourage economic growth in both nations.
Ultimately, this win-win approach will lead to an even higher standard of living and better quality of life for all our citizens.