Government of Canada supports innovative research and development in Barrie

January 21, 2011

Barrie ON — MP Patrick Brown, Member of Parliament for Barrie, on behalf of the Honourable Gary Goodyear, Minister of State (Science and Technology), today announced a contribution to Wolf Steel Ltd. from the National Research Council of Canada Industrial Research Assistance Program.

The funding supports an innovative research and development project that will assist Wolf Steel Ltd with a contribution of $122,500.

“Our government is investing in science and technology to create good jobs, strengthen the economy and improve Canadians’ quality of life,” said MP Brown. “This government is supporting Canadian firms that successfully develop innovative technologies. Canada’s Economic Action Plan is supporting scientific research and commercialization, while creating good jobs and economic growth.”

The Government of Canada’s Economic Action Plan provided new resources of $200 million to the Industrial Research Assistance Program over two years to support innovative Canadian firms. To learn more about Canada’s Economic Action Plan, visit www.actionplan.gc.ca.

This $122,500 contribution will assist the Barrie-based company to continue to grow and create jobs in the community.

Wolf Steel Ltd. is a major appliance manufacturing company that specializes in the production of fireplaces, mantels, and stoves. Wolf Steel is committed to producing quality products combined with reliable service and has proven to be successful in ensuring the continued rapid growth of the company.

About NRC and NRC-IRAP

The Industrial Research Assistance Program provides a range of both technical and business-oriented advisory services along with necessary financial support to qualified innovative Canadian small- and medium-sized enterprises.

The program is delivered by a field staff of 240 professionals in more than 100 communities across Canada. Through this program, the National Research Council is committed to working with small- and medium-sized enterprises while they realize their full potential, turning knowledge and innovation into strategic opportunities, jobs and prosperity for all Canadians.