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Ottawa, Queen’s Park team up with IBM, seven universities in major research initiative

The federal government, Ontario provincial government, IBM Canada Ltd. and a consortium of seven universities led by the University of Toronto and Western University today announced they are collaborating to establish a new $210 million dollar...


April 11, 2012  


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The federal government, Ontario provincial government, IBM Canada Ltd. and a consortium of seven universities led by the University of Toronto and Western University today announced they are collaborating to establish a new $210 million dollar research and development initiative that will create 145 skilled jobs.

IBM will invest up to $175 million through December 2014 in the project, forming the “IBM Canada Research and Development Centre” to serve as a foundation for the research initiative.

Queen’s Park is investing $15 million and Ottawa $20 million.

Areas of focus will include:

* Problems facing cities, including rapid urbanization and aging infrastructure

* Healthcare challenges associated with rising healthcare costs due to chronic diseases, including afflictions of the brain, and the lengthy development cycle for new medicines 

* Water conservation and management within cities and across watersheds including wild areas, industrial and agricultural use.

* Efficient energy conservation and management through the application of advanced weather modeling and smart grid technologies.

* Software innovation in high performance computing platforms.