Centre for Arctic Resource Development Launched in St. John's
Andrew Safer
June 22, 2011
C-CORE, an international leader in research and development based at Memorial University in St. John’s, Newfoundland and Labrador, has launched The Centre for Arctic Resource Development (CARD), an initiative to help unlock the potential of the Arctic’s rich – and largely untapped – natural resources. CARD is supported by $16.5 million in combined funding from the Hibernia and Terra Nova projects and the Research & Development Corporation of Newfoundland and Labrador (RDC). The Hibernia and Terra Nova projects will each contribute $6.25 million over five years ($1.25 million each per year) to support leading-edge research projects and programs, as well as technology development. RDC will provide $4 million to build a 1,260 square metre expansion to C-CORE’s Dr.