Budget 2024 Allocates $55 Million for STEM Investment at University of Calgary
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Summary
Learn English with Alberta s Minister of Advanced Education, Shep Chaudhuri, as she announces $55 million over the next three years to build the new multidisciplinary science hub at the University of Calgary. The hub will house research labs, greenhouses, state-of-the-art instrumentation, and workspace for researchers, graduate students, postdoctoral fellows, and other trainees.
Transcript
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Days like today highlight how fundamental post-secondary education has always been
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to making women's lives better, and also how post-secondary education continues to play that crucial role.
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Last September, I was here to announce that Alberta's government was contributing $5 million in planning funding
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for the new multidisciplinary science hub here at the University of Calgary.
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Building on that, I have the honour today to officially announce that Budget 2024 will invest $55 million over the next three years
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to build the new multidisciplinary science hub.
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The new building will serve as a primary research collaboration and multidisciplinary centre
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for the Faculty of Science, the university's second-largest faculty.
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The hub will house research laboratories, greenhouses, state-of-the-art instrumentation,
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laboratory support spaces, and workspace for researchers, graduate students, post-doctoral fellows, and other trainees.
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Alberta needs more people trained in STEM careers, science, technology, engineering, and math,
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and the new hub will help at least 2,000 more students each year get the training they need, right here in Alberta.
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The new building will be designed to allow for future growth and will be a component of the university's science district.
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This will create new opportunities for scientific research and collaboration with partners in government, industry, and society
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that will benefit Alberta, Canada, and the entire world.
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Alberta's government will make an investment of $55 million starting in the 2025-26 budget year.
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And with the university contributing the funding for the first year of construction,
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we will see shovels in the ground for the multidisciplinary science hub very soon.
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This investment and the others in Budget 2024 recognize the crucial role post-secondary institutions play
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Our future relies on Albertans with the skills, knowledge, and competencies to take on the challenges we face.
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Our post-secondary institutions are the doorway to that future.
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Funding for the multidisciplinary hub is just one of the targeted investments we are making
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to increase seats in high-demand programs that support priority industry sectors
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as we continue to work with industry to better forecast the needs of tomorrow.
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We are making these investments here in Calgary and in communities throughout the province
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to ensure that students can learn in exceptional facilities close to home.
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Advanced Education is proud to work with the University of Calgary
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to ensure that Alberta students can make the most of the remarkable opportunities here
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I look forward to seeing the new multidisciplinary hub take shape
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and all of the wonderful possibilities that it will hold in just a few years' time.