Minister Morneau Announces Knowledge Infrastructure Measures at University Townhall
April 5, 2016 – Fredericton, New Brunswick – Department of Finance
Finance Minister Bill Morneau today joined University of New Brunswick and St. Thomas University students during a Facebook Live townhall to highlight new investments that benefit students and post-secondary institutions in the Government’s first budget, Growing the Middle Class.
Minister Morneau highlighted Government investments in knowledge infrastructure that will encourage innovation and discovery, and will help provide students access to leading-edge training and research experiences. The budget provides $2 billion over three years for strategic projects that will improve research and innovation infrastructure at universities and colleges.
The Minister outlined these and other Budget 2016 measures in the student townhall, such as the Government’s plan to invest more than $120 billion in infrastructure over the next 10 years, which will create more modern, cleaner communities, a more inclusive society, and an economy better-positioned to succeed in the global economy of tomorrow.
The Minister noted that important investments would be made in New Brunswick, in consultation with municipalities, the province, as well as other key stakeholders.
Minister Morneau also highlighted Budget 2016 measures that will make post-secondary education more affordable for students from low- and middle-income families, and that will reinvigorate Canada’s research and science base by investing in infrastructure at post-secondary institutions.
Minister Morneau spoke with students about how budget measures will make it easier for them to repay student debt, and how the Government will help young Canadians start their careers and find meaningful work.
“Preparing Canadians for the global economy of tomorrow starts with supporting our students and post-secondary institutions today. Budget 2016 makes investments that will lead to a better student experience, cleaner, greener campuses, better research and a more innovative Canada.”
- Bill Morneau, Minister of Finance
Office of the Minister of Finance
Department of Finance