Mr. Speaker, during a special ceremony on March 1, Cambridge resident Bill Shaw received an Oscar from the Academy of Motion Pictures Arts and Sciences for the technological development of IMAX.
While studying at the Galt Collegiate Institute, Robert Kerr and Graeme Ferguson, together with Bill Shaw, came up with the idea of a large screen format motion picture. Following their first IMAX type film at Montreal's Expo '67, 148 IMAX theatres have opened worldwide and more than 100 IMAX films have been produced, making the company one of the largest grossing motion picture theatres in North America.
The IMAX success story shows that Canadians can not only compete but lead in the high technology sector.