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Ford government under fire for cuts to stem-cell research institute - 2019-05-15

F94.png Ford government under fire for cuts to stem-cell research institute May 15, 2019, Rob Ferguson, Toronto Star

It's up to the private sector to bankroll more stem-cell research, says Economic Development Minister Todd Smith, as the Ontario government cuts $5 million in annual funding to an institute investigating groundbreaking treatments for incurable illnesses.

Taxpayer support for the Ontario Institute for Regenerative Medicine — whose projects include developing a therapy to heal the damaged lungs of premature babies on ventilators — will be cut off at the end of next March, leaving it with no financing in a move opposition parties at Queen's Park dubbed "short-sighted."

"What we believe is that the previous government was throwing millions of dollars around like crazy and they were not holding anyone accountable to how they were spending that money," Smith told reporters Wednesday as Premier Doug Ford's government fights to eliminate annual deficits within five years.

Wikipedia cite:
{{cite news | first = Rob | last = Ferguson | title = Ford government under fire for cuts to stem-cell research institute | url = https://www.thestar.com/politics/provincial/2019/05/15/ford-government-under-fire-for-cuts-to-stem-cell-research-institute.html | work = Toronto Star | date = May 15, 2019 | accessdate = September 29, 2019 }}