Conservatives Announce Massive $16M Funding for Fanshawe

O T T A W A -  Members of Parliament Ed Holder and Joe Preston are pleased to announce that Fanshawe College will be the recipient of  $15,925,000 in funding for their Centre for Applied Transportation Technologies as part of the joint federal-provincial Knowledge Infrastructure Program (KIP).

“This is a significant investment in Fanshawe College and all of London will benefit as a result, especially with the new jobs in the short-term.  This is the stimulus spending we have been pushing, which will help our local economy recover while investing in long-term innovation.  This is an example of the swift response that is possible when the federal and provincial governments work for the best interests of our community,” said MP Holder.

This investment is part of the federal government’s two-year, $2-billion plan to repair and expand research and educational facilities at Canadian colleges and universities. The program is helping to provide economic stimulus and promote employment by creating jobs for engineers, architects, tradespeople and technicians. It is also helping to generate the advanced technological infrastructure needed to keep Canada’s colleges and universities at the forefront of scientific advancement.

“Howard Rundle, President of Fanshawe College was delighted with the news when I contacted him.  Fanshawe will be able to offer opportunities to its students that were not possible before.  I get the sense we will see some pretty exciting stuff come out of Fanshawe when this project is complete,” said MP Holder.     

Canada’s Economic Action Plan sets out to stimulate the Canadian economy over the next two years and to improve our long-term competitiveness through $12 billion in new infrastructure investment, which includes the $2-billion Knowledge Infrastructure Program. This new support is the next substantive investment in the Government of Canada’s multi-year Science and Technology Strategy, Mobilizing Science and Technology to Canada’s Advantage.

For more information about the Knowledge Infrastructure Program, please visit www.ic.gc.ca/knowledge-infrastructure.

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