Canada invests another $30 million toward brain health
March 17, 2023 5:45am
The federal government has announced a $30-million investment to continue supporting the implementation of Canada’s National Dementia Strategy.
The money goes to the Centre for Aging and Brain Health Innovation (CABHI) to help accelerate innovation in aging and brain health. The goal is to help older adults age safely while maintaining their cognitive, emotional, and physical well-being.
As of 2020, almost 474,000 people aged 65 and older were diagnosed with dementia in Canada – of those, two thirds are women. As the population ages, the number of Canadians affected by dementia is expected to increase, and based on current trends, by 2030, the number of people living with dementia will nearly double.
Budget 2022 provided $30-million over three years to CABHI. With this additional funding, CABHI will continue to support promising innovations across the country that help to meet the needs of older adults, and people living with brain health issues, including dementia. Innovative solutions will cover a range of issues, including aging at home, cognitive health, care coordination, financial health and wellness, and support the development of programs to test solutions in real-world healthcare delivery organizations.
“As we all age, protecting our safety while maintaining our well-being is crucial for a good quality of life. That is why we are partnering with CABHI, who works to support innovative projects and research across the country to improve health outcomes for people living with brain health issues, including dementia. These projects contribute to a better quality of life for older adults, their families, and caregivers,” said Jean-Yves Duclos, minister of health.
“With this additional investment, CABHI will contribute to building a skilled workforce and system-level capacity in older adult care that mobilizes knowledge and innovation that nurture ideas from point-of-care staff, and leverages partnerships with industry and academic institutions. CABHI also supports students, researchers and entrepreneurs to test, validate and mobilize solutions in real-world healthcare delivery organizations, informed by valuable insights from people with lived experience,” said Marco Mendicino, minister of public safety.
“The federal government’s reinvestment in CABHI enables us to continue filling our unique and vital role in Canada’s health, research, and innovation ecosystem. CABHI improves the lives of people at-risk-for and living with dementia, and their caregivers, by ensuring the best Canadian solutions get into the hands of people who need them as quickly as possible, while also advancing economic success of Canada’s researchers and entrepreneurs and increasing the effectiveness and efficiency of seniors’ care organizations. This support is critical for future development, validation, commercialization, and spread and scale of novel ageTech and other innovative programs across the country, and will help us grow essential partnerships nationally and internationally that turn ideas into impact and put older adults at the centre of innovation.” said Dr. Allison Sekuler, president and chief scientist of the CABHI.