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Budget 2024 Provides Encouraging Investments into Research Talent, Infrastructure and Innovation

Yesterday, the Government of Canada unveiled its much-anticipated 2024 budget, focusing on critical investments in housing, affordability, and the future of Canadian youth. Despite ongoing fiscal challenges, this budget demonstrates an encouraging commitment to nurturing the next generation of researchers, bolstering Canada’s talent pipeline, and driving economic productivity through innovation.
For more information, Contact:

Sarah Laframboise,

Executive Director, Evidence for Democracy

sarah@evidencefordemocracy.ca 

519-903-3039

Press Release –  OTTAWA, ON

As a leading advocate for evidence-informed decision-making and the advancement of science policy in Canada, Evidence for Democracy (E4D) welcomes the budget’s emphasis on scientific research and innovation. Since its inception, E4D has been at the forefront of advocating for policies that support robust scientific research and its integration into public policy. To support this work, we have compiled a budget analysis for the science and research sector here for more context on Budget 2024. 

“Budget 2024 provides an encouraging investment into next generation researchers and research support systems,” says Sarah Laframboise, Executive Director of E4D, “By prioritizing investments in research talent, infrastructure, and innovation, the government is laying the foundation for a future driven by science and evidence.”

The budget’s initiatives to enhance graduate student scholarships and postdoctoral fellowships reflect a commitment to nurturing Canada’s research talent, a cornerstone of E4D’s advocacy efforts through its role on the Coalition for Canadian Research. E4D is encouraged by this investment in next generation researchers and core research grants, who form the bedrock of scientific discovery and drive innovation across sectors. Additionally, the formation of a new capstone research funding organization and Advisory Council on Science and Innovation are signs of a strategic vision that values Canadian science and research.

While Budget 2024 represents a significant step forward for science and research in Canada, E4D recognizes that challenges and opportunities lie ahead. 

“We note that funding for research in Budget 2024 is heavily back-loaded, with larger funding values coming into effect in a few years time,” adds Laframboise, “Given that this also includes significant structural and policy changes, this leaves some concern over the execution and roll-out of these investments in practice.”

As the details of the budget initiatives unfold, E4D remains committed to monitoring developments, advocating for evidence-based policies, and engaging with stakeholders to ensure that science continues to thrive as a driver of progress and prosperity in Canada. 

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About Evidence for Democracy (E4D): Evidence for Democracy (E4D) is the leading fact-driven, non-partisan, not-for-profit organization promoting the transparent use of evidence in government decision-making in Canada.

For more information: evidencefordemocracy.ca

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