Mr. Speaker, I am pleased to inform hon. members of a recent investment made by the federal government.
Indeed, the Minister of Industry announced that $73 million will be used to establish four new centres of excellence: the automobile of the 21st century, the Canadian network for research on language and literacy, the Canadian network on water and the network on the therapeutic and genetic studies of stem cells.
This initiative clearly shows the federal government's economic and social priorities: children, research and innovation, health and the development of strategic economic sectors.
Centres of excellence have already proven their effectiveness. They promote the interaction between research, the industry and funding. The measures announced show that the federal government cares about improving the quality of life of Canadians.