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Posted February 27, 2008
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2008 Federal Budget

Federal budget announces important investments in developing and attracting talent

OTTAWA - AUCC welcomes the recognition in tonight's federal budget of the vital importance of investing in the education and skills of Canadians to ensure this country's prosperity and quality of life.

In particular, AUCC is pleased to see the creation of new Canada Graduate Scholarships for top Canadian and international doctoral students and a new Canada Student Grant Program that will provide targeted grants to increase accessibility to postsecondary education for students from low and middle income families.

"We have strongly urged the federal government to invest in people both through graduate-level scholarships for top Canadian and international students and through needs-based grants for traditionally under-represented groups. We are pleased that the budget has announced important initiatives in both of these areas," said Dr. Tom Traves, chair of the AUCC board of directors. "We also welcome the budget's commitment to modernize the immigration system to help postsecondary institutions attract foreign students."

The budget also announced a number of investments in university based research including, among others, the new Canada Global Excellence Research Chairs, an $80 million increase in the budgets of the research granting councils and a $15 million increase to support the institutional costs of research through the Indirect Costs Program.

"We appreciate the government's continued recognition of the importance of investing in university research. Canada's leadership in public R&D performance will depend on significant investments to ensure the international competitiveness of this country's university research effort," stated Claire M. Morris, president and CEO of AUCC.

AUCC is the voice of Canada's universities. It represents 92 Canadian public and private, not-for-profit universities and university-degree level colleges.

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