Mr. Speaker, economic action plan 2014 announced Canada's first research excellence fund to support our post-secondary institutions to build on key strengths in science, technology, and innovation and become world leaders in a given field of research.
Amit Chakma, chair of U15, Canada's key research universities, said it best:
This will enable us to make new discoveries we will mobilize for the benefit of all Canadians, strengthen regional and national economies and increase our country's innovative capacity.