Former Federal Finance Minister Jim FlahertyClick image to enlargeCanadian Manufacturers and Exporters (CME) has unveiled the Jim Flaherty bursary for students enrolled in manufacturing programs at the University of Ontario Institute of Technology (UOIT)

 CME president and CEO Jayson Myers says the bursary was named in honour of the devotion former Federal Finance Minister Jim Flaherty had at lowering barriers for students with special needs.

"Our aim was to fund an endowment to support an annual bursary to provide substantial support to as many of 'Jim's kids' as possible. We're proud to launch that today," said Myers. "We were all deeply saddened when Jim passed away."

Flaherty passed away in 2014 at age 64 after a long and storied career in both provincial politics and on the federal scene. He became Finance Minister in 2006 under Prime Minister Stephen Harper, stepping away from his post shortly before his death.

"Jim was a strong champion of manufacturing across Canada," Myers said of the impetus for launching the UOIT bursary. "None of the fiscal initiatives taken by the federal Government that have benefited manufacturers over the past eight years would have been implemented without the leadership, understanding and strong support of Jim Flaherty."

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