News Release

From the Prime Minister's Web Site (http://www.pm.gc.ca/)

---

PM highlights Canadian achievements in ocean technology

Canada's Economic Action Plan

February 11, 2011
St. John's, Newfoundland and Labrador

Prime Minister Stephen Harper today visited the National Research Council's Institute for Ocean Technology where he highlighted Canadian achievements and groundbreaking research which is helping create jobs and economic opportunity in the region and beyond.

"Our Government is proud to support the world-class research taking place at the National Research Council. Investing in science and technology generates jobs, strengthens the economy and contributes to Canada's global competitiveness," said the Prime Minister. "Leading-edge work like this is laying a foundation that will support jobs and economic growth for many years to come."

The global demand for ocean technologies is rising and Canada is well-positioned to play an important role in this rapidly growing international market. Through Canada's Economic Action Plan, our Government is making unprecedented investments in science and technology, and innovation.

The Institute for Ocean Technology is supporting local enterprises in Newfoundland – such as Virtual Marine Technology, a global provider of small-craft training simulators, and Mad Rock Marine Solutions Inc., an innovator in marine evacuation technology – which are generating positive economic spin-offs throughout the province.

St. John's is home to a cluster of more than 50 ocean technology companies, which are vital to Newfoundland and Labrador's economy.

---

The Prime Minister's Office - Communications
[Manage my subscriptions | Unsubscribe]