Charest Announces Research Spending

Montreal, QC — Quebec Premier Jean Charest was in Montreal today to announce the government’s initiative to spend an additional 888 M$ on research an innovation. Development Minister Raymond Bachand explained that the government’s new strategy is meant to ensure that research can be brought to a commercial market which can then compete with the growing economies, like that of China and Alberta.

The spending announced includes grants for researchers, funding of research infrastructures (including equipment and buildings) as well as tax credits for companies doing research. It also includes money for Quebec’s student population with 32 M$ in bursaries for Masters, Doctorate and Post-Doctorate candidates.

“The policy comes too late in Charest’s government’s mandate. The strategy contains interesting measures for students, but it lacks a part for humanities and social sciences,” said Philippe-Olivier Giroux, President of CNCS-FEUQ.

Full story here

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