MSFHR receives $15M from BC Government

29 September 2009

The Michael Smith Foundation for Health Research has received a letter from the Honourable Kevin Falcon, Minister of Health Services, confirming an additional $15 million funding for the Michael Smith Foundation for Health Research (MSFHR).

“We are very grateful to Government for providing this funding – and recognize how significant a message it sends in such difficult economic times,” says Dr. John Challis, MSFHR President and CEO. “It demonstrates a strong commitment to BC’s research community, and it recognizes the importance of the Foundation’s role in provincial health research.”

Minister Falcon’s letter says that the additional $15 million will be provided “prior to April 15, 2010”  and emphasizes that the Foundation should not anticipate receiving additional funding from the Province of BC for the next two fiscal years (2009/10 and 2010/11).

“With this confirmation, we have the information we need to make key decisions about our programs and initiatives,” says Dr. Challis. “Over the next few weeks, we will be reviewing all our activities in light of our funding situation and in alignment with our Strategic Direction 2009-2015 document.”

Next steps will be communicated to the community as decisions are made, through email updates, our website, and letters to award holders as appropriate.