CanNor Supports Commercialization of Cold Climate Research in Yukon

CanNor Supports Commercialization of Cold Climate Research in Yukon

ID: 151919

(firmenpresse) - WHITEHORSE, YUKON -- (Marketwire) -- 05/31/12 -- The Honourable Leona Aglukkaq, Minister of the Canadian Northern Economic Development Agency (CanNor) and Minister of Health today announced that the Yukon Research Centre will move forward with four cold climate research projects that have potential to stimulate economic development.

"The Government of Canada is committed to supporting a strong and diversified northern economy," said Minister Aglukkaq. "The commercialization of these Yukon projects has tremendous potential to create new business and export opportunities for innovative Yukon businesses."

"Support for these projects will enable Cold Climate Innovation to work with local businesses to commercialize their innovative ideas," said Yukon Member of Parliament Ryan Leef. "This investment in research will create opportunities for economic diversification of the territorial economy while building its scientific capacity."

"All four of these projects have great potential to stimulate the local economy by developing a local workforce," said Stephen Mooney, Director of Cold Climate Innovation. "With the exception of the Plastics to Oil machine, these innovations are made by and for Yukoners with the intent to export them globally."

The Yukon Research Centre's Cold Climate Innovation will use CanNor funding to advance four research projects to the commercialization stage. The four projects are: Dual Frequency Ice Penetrating Radar, Drilling Hot Water Supply Pump, Waste Plastic to Oil and a Plant-Based Inks project.

This investment is funded by CanNor's Strategic Investments in Northern Economic Development (SINED) program, which focuses on long-term economic growth, economic diversification and capacity-building in all three territories.

SINED is one of several economic development programs within CanNor. CanNor is responsible for coordinating and delivering Canada's economic development across the North, and for related policy development, research and advocacy.





For copies of CanNor news releases, visit: .

Please visit these web sites to learn more about and .



Contacts:
Office of the Honourable Leona Aglukkaq
Cailin Rodgers
(613) 957-0200

Canadian Northern Economic Development Agency
Erin Macpherson
Communications Advisor
(867) 667-3849

Yukon Research Centre- Cold Climate Innovation Centre
Tanis Davey
Communications Coordinator
(867) 456-8625

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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 31.05.2012 - 16:00 Uhr
Sprache: Deutsch
News-ID 151919
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"CanNor Supports Commercialization of Cold Climate Research in Yukon"
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