Thank you to the member for Haliburton–Kawartha Lakes–Brock for raising this important question. This government understands that investments in college and university hospital research not only strengthen Ontario’s existing innovation and commercialization capacity but also grow our province’s skilled workforce and positions us as a global leader. That is why our government is committed to supporting research and innovation that leads to the discoveries and advancements that make a real impact on people’s lives. Whether our researchers are developing new techniques to detect illnesses faster, finding new ways to understand the human brain or working on the latest AI technology, Ontario’s colleges and universities and research institutes are at the forefront.

To help further the great work being done in this sector, our government has invested more than $198 million in 2022 into research projects at colleges, universities and research hospitals across the province. This funding supports 241 research projects across the province and will be integral in building, renovating and equipping research facilities with updated technology as well as attracting new research talent. We will continue to work hard to strengthen Ontario’s college and university hospital research initiatives and thus provide them with the ability to adopt advanced technologies to remain competitive and continue moving Ontario forward.

Ontario has always been a leader in research and cultivation of life-changing and enhancing products. From the latest in technology to life-saving medication, our researchers are at the forefront. With Peter and IPON, Ontario will take the next step and ensure the benefits of this research go on to support future Ontario-based research and that Ontario is the first to benefit. When tax dollars help fund research, taxpayers deserve to see the benefits from it.