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Biotechnology, Health and Business in Canada, the United States and Worldwide

Tag Archives: Marc Garneau

Canada Budget Reax Update

Genome Canada is causing quite a stir this morning, picked up by ScienceInsider this afternoon.  That, plus more budget reaction from a Research Canada press release and a thumbs-down from the CVCA below…

The CBC story on Genome Canada funding has some reaction from Tony Clement:

Minister of Industry Tony Clement, speaking to CBC Newsworld on Thursday morning, disputed that funding had been cut, saying Genome Canada was in the third year of a five-year budget rollout.

“It would not be surprising that they would not get an extra amount in this budget because that was taken care of in the last two budgets,” Clement told CBC News.

So what is the status?

Godbout said that while money from last year’s budget was allocated over the next four years to fund ongoing projects, there no indication that they would receive nothing this year for new initiatives.

He pointed to a project to sequence the genomes of 50 different types of cancer, led by Ontario Institute of Cancer Research scientific director Tom Hudson, as one project that would be $25 million short of funding without further federal support.

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