Budget 2024 will invest $55 million toward a new Multidisciplinary Science Hub at the University of Calgary.
Mar 08, 2024
Alberta’s post-secondary institutions offer world-class education, and this investment will help more students access the University of Calgary's science, technology, engineering, and math (STEM) facilities and training. As the economy continues growing and diversifying, demand from job creators and Alberta’s labour market for the skills and expertise of STEM graduates is projected to increase.
The new hub will become the primary home for research and collaboration in the faculty of science at the University of Calgary and help address the gap in STEM talent shortages in Alberta. Once built, the hub will add at least 2,000 seats to science-related programs to help deliver essential workplace skills for students.
“This significant investment in the Multidisciplinary Science Hub will bring more students to the University of Calgary to develop skills in science, technology, engineering and math, which are needed in our fast-growing economy. I look forward to seeing how this exciting new facility will bring research, collaboration with industry and innovative ideas together under one roof to build skills for the jobs of tomorrow.”
“Alberta’s workforce requires more graduates from STEM programs to meet the growing demands of job creators. Investing in the University of Calgary’s Multidisciplinary Science Hub will support the long-term needs of our economy while creating opportunities for students.”
The Multidisciplinary Science Hub will support STEM students in vital areas such as agriculture innovation, computer science, energy, quantum, biotechnology and aerospace. It is expected to be complete in 2029. The University of Calgary estimates that the full science district project will create a short-term economic stimulus of approximately $639 million, as well as 1,980 total person years of construction-related employment.
“We’re pleased the government has recognized the importance of this transformative new teaching and research hub. The Multidisciplinary Science Hub will help us meet demand from science students and researchers who will have the space and resources to make the discoveries and innovations that push the envelope of what’s possible.”
“From our powerhouse energy industry to our booming tech sector, science is deeply entwined with Alberta's success – past, present and future. This new facility reflects Alberta's commitment to maintaining our great province’s science advantage for decades to come.”