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Alberta will pay millions to pick the world’s brains

From Wednesday’s Globe and Mail

CALGARY
— At a time when Canadian research budgets are being slashed, Alberta is using its financial clout to scour the globe for scientific “superstars” who will be offered $20-million each to conduct research in the province for the next decade.

“We’re looking for the very best of international-calibre investigators,” said Kevin Keough, head of the Alberta Heritage Foundation for Medical Research, which is spearheading the richest award of its kind in Canada, to be announced today. “I think we happen to be in a good position at this point to be able to recruit some stars to Canada.

This really shows that the increased exploration and development of oil and gas has benefits that go beyond the world of energy. The Heritage Foundation has benefited from oil royalties which are now being used to help fund world class research in Alberta by being able to fund scientists at world class rates.