Mr. Speaker, today in Markham, the Prime Minister announced the Canada first research excellence fund. This follows through on our commitment in the budget to support Canada's universities.
I think, as are all Canadians, we are incredibly proud of the universities we have and the great work they do, such as the world-class engineering schools at the University of Waterloo and University of Toronto, the brain research centre out of the University of British Columbia, the pediatric AIDS research that is being done at McGill University.
We want to take this research that is being done across the country and boost it, so that Canada will continue to lead the world in academic research and be proud of these great institutions.
The Prime Minister made this announcement, $1.5 billion over the next seven years, and we are going to continue to lead the world.