Economic Development and Innovation Spurred by Growing Cybersecurity Sector

News release

May 15, 2018– Fredericton, NB – Atlantic Canada Opportunities Agency

Innovation is critical to Atlantic Canada’s economic success. That’s why the Government of Canada is investing in innovative and emerging sectors, like cybersecurity, to strengthen and grow the middle class, to make Canada a better place now, and to build a sustainable economy for future generations.

Matt DeCourcey, Member of Parliament for Fredericton and Parliamentary Secretary to the Minister of Foreign Affairs, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency (ACOA), today announced an investment from the Government of Canada to support the CyberSmart 2018 summit, hosted by Cyber NB.

The 2018 summit brings together leaders in industry, academia, and government, to share expertise in cybersecurity, with a focus on workforce development to meet the growing demand for highly-skilled employees in this rapidly growing, priority sector. 

The Government of Canada is providing a non-repayable contribution of $85,000 towards  the summit through ACOA’s Business Development Program.

This investment builds on the federal and provincial governments’ commitment to drive economic growth in Atlantic Canada through the Atlantic Growth Strategy, which recognizes the importance of workforce development and innovation as key drivers of productivity, competitiveness and regional economic growth.

Quotes

“Cybersecurity is a federal government priority and protecting Canadian businesses, citizens and infrastructure is of utmost importance. The Government of Canada is committed to supporting the development of cybersecurity solutions, education, and infrastructure, and that is why we’re working closely with provincial partners, industry, and academia to help build a strong and responsive cybersecurity industry in Atlantic Canada and across the country.” 

-    The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for ACOA.

The Government of Canada and the four Atlantic provinces are committed to working together to build a vibrant future for Atlantic Canada. The cybersecurity sector certainly has a major role to play in creating that future. Fredericton should be very proud to be hosting this ground-breaking event for a second year. It is very encouraging to see New Brunswick poised to become a leader in the cybersecurity industry, with Fredericton growing into an industry hub.”

 

-     Matt DeCourcey, Member of Parliament for Fredericton and Parliamentary Secretary to the Minister of Foreign Affairs

Contacts

Contacts

Jennifer Houle
Senior Communications Officer
Atlantic Canada Opportunities Agency
506-261-5534

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2022-10-03