OTTAWA, ONTARIO -- (Marketwire) -- 08/19/08 -- On August 20, 2008 in Toronto, Dr. Eliot Phillipson, President and CEO of the Canada Foundation for Innovation (CFI), will be joined by Dr. Colin Carrie, Parliamentary Secretary to the Minister of Industry and MP for Oshawa, to announce a major investment in cutting-edge infrastructure for large-scale, hospital-based research.

Date:       August 20, 2008
Time:       10:00 am Eastern time
Location:   The Hospital for Sick Children
            555 University Avenue

Following the announcement, there will be a photo opportunity and media availability. Broadcast quality visuals will also be available onsite.

The Canada Foundation for Innovation (CFI) is an independent corporation created by the Government of Canada to fund research infrastructure. The CFI's mandate is to strengthen the capacity of Canadian universities, colleges, research hospitals, and non-profit research institutions to carry out world-class research and technology development that benefits Canadians.