TRIUMF Receives Historic Canadian Investment

The Government of Canada has announced a five year and $292.7M investment supporting laboratory operations at TRIUMF (CSA CSM). The donation comes in response to TRIUMF’s recently published Five-Year Plan 2020-2025 and represents the country’s largest single investment there to date.

TRIUMF says it is grateful for such strong support and will use the investment to bolster activities across three core pillars: science and technology; people and skills; and innovation and collaboration. Such projects, according to TRIUMF, build on Canada’s strength in science and research and will help ensure the nation’s continued competitiveness in the global knowledge economy.

“Today’s announcement sends a strong message of support for Canadian science and its role in Canada’s research and innovation ecosystem,” says Dr. Jonathan Bagger, TRIUMF director. “TRIUMF’s vision is for Canada to lead not only in discovery but also in technology, innovation and training, so that our country will continue to develop the people and skills necessary for translating science to society. These goals lie at the heart of our Five-Year Plan 2020-2025. We are grateful to the Canadian government for its show of confidence in our vision for Canada’s future.”

TRIUMF’s plan lays out a blueprint grounded in three state-of-the-art platforms:
—The Advanced Rare Isotope Laboratory (ARIEL), a multidisciplinary research facility for isotope research in science, medicine, and business;
—The Institute for Advanced Medical Isotopes (IAMI), a world-class center for the research and development of new isotope-based medical technologies; and
—TRIUMF Innovations, a commercialization engine translating TRIUMF’s discoveries into commercial opportunities.

“This investment from the federal government will allow TRIUMF to realize its full potential,” says Dr. Digvir Jayas, chair of the TRIUMF board of management. “By leveraging ARIEL, IAMI and TRIUMF Innovations, TRIUMF will continue to be a global leader in translating science and technology into innovation and commercialization. Today’s announcement represents a major milestone for the lab’s community of university members, researchers, students, users, industry partners and collaborators, and for all the people the lab serves.”