April 2007
CANARIE receives $120M in funding, announces network name change
The recent federal budget had positive news for CANARIE, when it included $120 million in funding for the organization.
CANARIE plans to update and enhance CAnet 4, building on technologies introduced over the past few years. There are also plans to rename the network. Although it is referred to as CAnet 5 in Budget documents, both the organization and the network will have the single CANARIE brand, a change that will be rolled out in the coming months.
Under the new funding agreement, CANARIE will receive $24 million or one fifth of its new allocation in FY07-08, and will draw upon the remainder on an as-needed basis.
"This is very good news for us and the research community," CANARIE president and CEO, Dr. Andrew Bjerring told Research Money. "We will focus more on advanced networking technologies and the continued evolution of the network."
"This is good news," said Phil Baker, ORION President/CEO. "Research and education networks across Canada in the provinces and territories can rest easier now that CANARIE will connect all of us to one another and to colleagues around the world."
For more information, please visit www.budget.gc.ca.
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