The Government of Canada today announced its renewed support for TRIUMF as part of leading the way on jobs and growth, committing to provide $222 million over the next five years as part of TRIUMF's Five-Year Plan 2010-2015.
The reality of this budget announcement will take some time to settle in. In an extremely challenging fiscal environment, TRIUMF has secured a five-year operating budget and avoided explicit cuts. This signals some clear confidence from Canada in what TRIUMF can offer the future of the country. CBC has already trumpeted this news with a headline story proclaiming, "Forestry, particle physics and satellites are this year's winners."
Today's federal budget announcement includes the following words about TRIUMF.
"Delivering $222 million in funding over five years to strengthen the world-leading research taking place at TRIUMF, Canada's premier national laboratory for nuclear and particle physics research."
and
"
TRIUMF: The TRIUMF facility in British Columbia is Canada's premier national laboratory for nuclear and particle physics research and is home to the world's largest cyclotron. In addition to fundamental research in subatomic physics, TRIUMF has gained an international reputation as a leader in advanced medical imaging, nuclear medicine, and research in the environmental and material sciences. TRIUMF collaborates with industry partners to commercialize its scientific breakthroughs, including its successful relationship with MDS Nordion in the production of radioisotopes and radiation-related technologies used to diagnose, prevent and treat disease.
Budget 2010 provides $126 million over five years to strengthen the world-leading research taking place at TRIUMF. In combination with $96 million to be provided from existing resources of the National Research Council Canada, federal support for TRIUMF's core operations will total $222 million over the next five years."
Read more about the Government of Canada's Budget 2010.