Mr. Speaker, on Friday I announced funding that will be used to purchase equipment for the TRIUMF facility in Vancouver. This leverages significant industry support and will create a new institute for accelerator-based medical isotope production.
Our investment will produce medical isotopes with cyclotrons, through the use of electricity and magnets, which does not produce nuclear waste. We will also train highly qualified personnel and help commercialize new therapeutics.
I look forward to seeing the results of this investment, which addresses an important need and shows the world that the west means business.