Federal Budget 2019: Investment reinforces future capacity and competitiveness

Ottawa, ON — Mitacs commends the Government of Canada for its significant investments in skills development, specifically in work-integrated learning opportunities. The Government announced today more opportunities for all students to gain valuable work experience, at home and abroad.

Budget 2019 sets an ambitious target of providing work-integrated learning opportunities to every young Canadian who wants one. Mitacs is proud to be a key partner in delivering such opportunities. For 20 years, Mitacs has been delivering high-quality innovation internships that benefit students, businesses, and the Canadian economy.

A national work-integrated learning strategy will help grow a highly skilled workforce to meet industry and community needs. Mitacs supports the much-needed strategy in order to meet industry’s need for talent and to facilitate student training and skills development, cross-sector engagement, and international exchanges.

Mitacs also serves as a key partner in supporting the International Education and Global Talent Stream strategies. In partnership with the provincial governments, colleges, and universities, Mitacs will continue to provide international research opportunities to students from across Canada, while bringing top-tier foreign students to the country. At the same time, Mitacs international partnerships help innovative Canadian companies access the highly skilled global talent they need to scale, grow, and create jobs for Canadians.

Mitacs also commends the significant investments in the Canada Graduate Scholarships program. These scholarships will allow the Government’s granting councils to continue building the next generation of highly skilled researchers and innovators. 

Budget 2019’s investments in skills and innovation will provide capacity and improve competitiveness for students and businesses for years to come.

Quote:

Alejandro Adem, CEO and Scientific Director, Mitacs
“The Government of Canada’s investment in skills development, including work-integrated learning, will foster economic growth, job creation, and broad-based prosperity. Mitacs continues to be a key partner by solving business challenges with research solutions from the best academic institutions at home and around the world.”

Quick facts:

• Mitacs is a not-for-profit organization that fosters growth and innovation in Canada by solving business challenges with research solutions.
• Working with 60+ universities, thousands of companies, and both federal and provincial governments, Mitacs builds partnerships that support industrial and social innovation in Canada.
• Open to all disciplines and all industry sectors, projects can span a wide range of areas, including manufacturing, business processes, IT, social sciences, and design.
• Mitacs is funded by the Government of Canada, along with the Government of Alberta, the Government of British Columbia, the Government of Manitoba, the Government of New Brunswick, the Government of Newfoundland and Labrador, the Government of Nova Scotia, the Government of Ontario, the Government of Prince Edward Island, the Government of Quebec, and the Government of Saskatchewan.
• For information on the impact of Mitacs internships, see the Longitudinal Survey of Accelerate Program Interns.

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