The Federal Budget, SSHRC and Business Studies

Imre Szeman, McMaster University

The new SSHRC fellowships announced in the recent federal budget will be focused on business-related degrees. This follows two years of targeted increases to SSHRC's budget -- increases also focused on business. Here's a quote from the budget:

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Canada’s ability to prosper in today’s global, innovation-driven economy ultimately depends on the skills, knowledge and creativity of Canadians. Further developing a highly skilled workforce and ensuring that this talent is well applied is a priority.

Budget 2009 builds on investments made in the previous two budgets by providing an additional $87.5 million over three years, starting in 2009–10, to the federal granting councils. This funding will temporarily expand the Canada Graduate Scholarships program, which supports Canada’s top graduate students. This includes $35 million for each of the Natural Sciences and Engineering Research Council of Canada and the Canadian Institutes of Health Research, and $17.5 million for the Social Sciences and Humanities Research Council. These funds will provide for an additional 500 doctoral scholarships, valued at $35,000 each per year for three years beginning in 2009–10, and an additional 1,000 master’s scholarships, valued at $17,500 each for one year, in both 2009–10 and 2010–11. Scholarships granted by the Social Sciences and Humanities Research Council will be focussed on business-related degrees.

Budget 2009 also provides an additional $3.5 million over two years to offer an additional 600 graduate internships in science and business, through the Industrial Research and Development Internship program launched in Budget 2007.

From: http://www.budget.gc.ca/2009/plan/bpc3b-eng.asp#18

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