Post-Secondary Institutions Strategic Investment Fund

The Post-Secondary Institutions Strategic Investment Fund (SIF) is a $2-billion initiative designed to modernize research and commercialization facilities at Canadian universities, colleges and polytechnics.

Through the program, the Government of Canada is partnering with the provinces and territories to fund projects that:

• improve the scale or quality of facilities for research and innovation, including spaces for the commercialization of research;
• improve the scale or quality of facilities for specialized training at colleges focused on industry needs; and/or
• improve the environmental sustainability of research and innovation-related facilities at universities and colleges.

SIF will support up to 50 percent of a project’s eligible costs. The remaining funding will come from other partners, such as provincial and territorial governments and the institutions themselves.

These historic investments will promote economic activity across Canada and help provide the skills and training needed to secure high-value, well-paying middle-class jobs. They will result in state-of-the-art facilities to not only train the next generation of highly skilled workers and entrepreneurs but also serve as hubs of discovery and collaboration. They will nurture the development of innovations that help Canadian companies compete and grow internationally.

SIF will also support the Government of Canada’s climate change objectives by investing in the design and upgrade of energy-efficient buildings.

Investments in Keyano College, Lethbridge College, Portage College and Grande Prairie Regional College

In total, universities and colleges throughout Alberta will receive nearly $500 million from the Government of Canada, the provincial government, the institutions themselves and private donors. Federal funding will be allocated through the Post-Secondary Institutions Strategic Investment Fund, which will enhance and modernize research facilities on Canadian campuses and improve the environmental sustainability of these facilities.

The Government of Canada is investing $19.63 million in a total of 12 projects at Keyano College, Lethbridge College, Portage College and Grande Prairie Regional College.

For information about a specific project, please contact the institution.