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Industry heavyweights lose bid for national ICT centre; may locate outside of Canada

News | 04/07/2008 2:14 pm EDT

Nortel Networks Corp., IBM and Carleton University have lost a bid to establish a $31.5 million national centre of excellence focusing on next-generation Internet and communications technologies. The group, which recently failed to make the final cut for the federal government’s new Centres of Excellence in Research and Commercialization (CECR) program, says they will now look to the Ontario government to fund a scaled-back initiative or move the initiative to another country.

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