Princess Margaret, a recipient of Ontario’s $51 Million investment towards research and innovation

22/08/2016

Province Awards Successful Recipients of Research Funding Competitions

 $51 million is being invested by The Ministry of Research, Innovation and Science to support world-class studies and research talent at leading institutions across the province, including the Princess Margaret Cancer Centre at UHN. The announcement was made today at the cancer centre by the Minister of Research, Innovation and Science, Reza Moridi.
 
250 projects across the province are supported through this initiative, including 13 at University Health Network. Dr. Jean Wang, Clinician Scientist at UHN and Affiliate Scientist at Princess Margaret Cancer Centre , is among those whose work is benefitting from this funding. “To see something we’ve worked on in the lab and developed through basic research - funded by a lot of sources including The Princess Margaret Cancer Foundation - to see this actually develop into an agent that’s going to go into patients and clinical trials and potentially have huge impact in patient’s lives,  that’s something to me that validates what we do.”
 
A statement released by the Ministry emphasizes that this funding “will help sharpen Ontario's competitive edge by fostering discoveries; leading to new technologies, treatments and cures for cancer patients and other diseases while supporting high quality, knowledge-based jobs for Ontarians.” It also states that it will also allow cancer research institutions to “attract and retain the best and brightest research talent.”

   
 

Funding Breakdown

(from the Ministry website):
  • Support 161 state-of-the-art and industry-relevant infrastructure initiatives at 25 institutions by investing $34.7 million through the Ontario Research Fund - Research Infrastructure program
  • Help support the work of 79 promising and recently appointed researchers at 22 institutions while creating jobs for graduate and undergraduate students, post-doctoral fellows, research assistants, associates and technicians by investing $11 million through the Early Researcher Awards
  • Promote the use of genomics to solve real-life problems, including global health issues like cancer and Hepatitis C, by investing $3.4 million to five research projects at three institutions through the Ontario Research Fund - Genomic Applications Partnership Program
  • Support five genomics research projects in order to grow Ontario's agri-food, fisheries, and aquaculture industries by investing $1.8 million at five institutions through the Ontario Research Fund - Large Scale Applied Research Project

Background Information

Additional Resources