Mike Lazaridis Donates Additional $50 Million To Perimeter Institute

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5th June 2008, 11:40am - Views: 1173

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Mike Lazaridis Donates Additional $50 Million to Perimeter Institute

WATERLOO, June 4 /CNW-AsiaNet/ --

    In a new and generous act of personal philanthropy, Mike Lazaridis has provided an additional

$50 million (Canadian) to Perimeter Institute for Theoretical Physics (PI). This private donation

increases his personal contributions to $150 million in the research institute.

    The private funding announcement, delivered by The Honourable John Wilkinson, Ontario

Minister of Research and Innovation, was celebrated by over 600 people just prior to a PI Public

Lecture. The donation was acknowledged by all dignitaries representing the Province of Ontario

and the Government of Canada, important members of a public-private partnership that fund the

scientific research and outreach operations.

    In his remarks on behalf of the Government of Ontario, The Honourable John Wilkinson,

Minister of Research and Innovation said: "Ontario's $3B Innovation Agenda focuses on our

government acting as a catalyst to support our top researchers and entrepreneurs - extraordinary

people like Mike Lazaridis who are leading the way to turn groundbreaking ideas and innovation

into Ontario's next generation of jobs. Ontario's commitment to fundamental and applied

research has not only been informed but also inspired by Mike's personal commitment to

innovation, and his contributions to the Perimeter Institute. That's why our government has

already invested over $65M to support this important initiative. This new investment will

strengthen the Institute and the government-industry partnerships that have made it possible,

and help us to continue to attract the world-class talent and the scientific knowledge Ontario

needs to compete in the 21st century."

    On behalf of the Government of Canada, The Honourable Jim Prentice, Minister of Industry,

provided these words, "Mr. Lazaridis is one of Canada's most significant science and technology

(S&T) leaders and is making an extraordinary contribution to further strengthen our country's

S&T capacity. The recent nomination of Mr. Neil Turok as the new Executive Director of the

Institute is one of many examples of this success. The Government of Canada is an important

partner in the development of the Perimeter Institute, having renewed public funding in March

2007 to further propel the scientific research and outreach activities at international levels. In

keeping with the government's S&T strategy, the Perimeter Institute continues to provide the

country with a competitive advantage in the area of basic research, pushes the frontiers of

knowledge, attracts highly qualified researchers, promotes the nation's world class excellence

abroad, and shares the joys of scientific research, discovery and technologies with Canadians

from coast to coast. The vision and role of Mike Lazaridis in the partnership have been central,

including his advocacy on behalf of basic research and education, his leadership at the Institute,

and overwhelming financial support that now totals $150 million in personal philanthropy." More

remarks can be found on Perimeter's website.

    Mike Lazaridis, the founder and Chairman of the Board of Perimeter Institute, thanked all

national, provincial, regional and municipal partners for their commitment to scientific research

and their direct role in shaping the institute. He also acknowledged those in wider society who

engage in the outreach activities and said, "Perimeter Institute exists because of a shared

commitment by all of the partners. Partners who know that today's scientific research will seed

tomorrow's biggest innovations. The power of human understanding and new ideas has a long

and proven history in transforming society - such as Maxwell's unification of electricity and

magnetism, and Einstein's insights about the nature of space, time, and light. Today's scientists

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are pushing our fundamental understanding even further. They are working on the most

challenging problems we have ever known and they are calculating new solutions that, over time,

will improve our society - intellectually, materially, and by stimulating future generations of

researchers to dig even deeper. These are exciting times in science and we have the good

fortune to propel new ideas right here in Waterloo, Ontario, Canada. It is an important mission I

feel passionate about and wish to support. Finally, all of us at Perimeter wish to thank you - the

students, teachers and members of the general public. Your enthusiasm for science provides

constant motivation to our researchers, outreach staff, and the partnership. Collectively, we all

share in the grand quest to research, discover, and innovate."

    About Perimeter Institute:

    Canada's Perimeter Institute for Theoretical Physics is an independent, non-profit, scientific

research and educational outreach organization where international scientists cluster to push the

limits of our understanding of physical laws and develop new ideas about the very essence of

space, time, matter and information. The award-winning research centre provides a multi-

disciplinary environment to foster research in areas of Cosmology, Particle Physics, Quantum

Foundations, Quantum Gravity, Quantum Information, Superstring Theory, and related areas.

The Institute also provides a wide array of educational outreach activities for students, teachers

and members of the general public in order to share the joy of scientific research, discovery and

innovation. In partnership with the Governments of Canada and Ontario, Perimeter Institute

continues to be a successful example of private and public collaboration in science research and

  SOURCE:  Perimeter Institute for Theoretical Physics

CONTACT:  John Matlock, 

           Director of External Relations and 

           Outreach at jmatlock@perimeterinstitute.ca

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