Canada, Ontario invest in Toronto colleges and universities

    Investment will create jobs, stimulate local economy

    TORONTO, May 25 /CNW/ - The Honourable Tony Clement, Minister of
Industry, and the Honourable George Smitherman, Deputy Premier and Minister of
Energy and Infrastructure, today announced an investment of $73.9 million to
modernize facilities and boost research and training at Ryerson University,
the University of Toronto and George Brown College.

    The investments include:

    -   $32.9 million for the renewal of the Image Arts and New Media
        Teaching and Research Building, Ryerson University
    -   $30 million for research and skills training at the Centre for Health
        Sciences on Toronto Waterfront, George Brown College
    -   $11 million for the Innovation Centre for the Canadian Mining
        Industry, St. George Campus, University of Toronto

    This investment is part of Ontario's 2009 Budget commitment to invest in
Ontario's colleges and universities over two years and the federal
government's two-year, $2 billion plan to repair and expand research and
educational facilities at colleges and universities across Canada.
    "Investing in the skills and knowledge of Ontarians is a cornerstone of
our government's plan to strengthen the economy," said George Smitherman,
Deputy Premier and Minister of Energy and Infrastructure. "By investing in
these three great schools today, the Ontario government is supporting new
construction and renovation projects which will create construction jobs in
the short-term and provide more opportunities for our students to develop the
skills they need for the jobs of the future."
    "Our government's investment provides significant short-term economic
stimulus in local communities throughout Ontario, while at the same time
strengthening Canada's long-term capacity for research and innovation," said
federal Industry Minister Tony Clement. "The renewal of college and university
facilities will encourage more world-class researchers to work in Canada and
give them the tools they need to make further discoveries that will benefit
Canadians and people around the world."
    These joint investments are to help provide economic stimulus and promote
employment by creating construction jobs as well as employment for engineers,
architects, other tradespeople and technicians. They are also helping to
improve teaching facilities and generate the advanced technological
infrastructure needed to keep Ontario's colleges and universities at the
forefront of scientific advancement.
    Demonstrating their commitment to stimulating the economy and creating
jobs, both the Governments of Canada and Ontario are moving forward with a
number of large-scale infrastructure programs to assist Ontarians when they
need it most.


    Learn how the Government of Canada is investing in Ontario infrastructure
    Learn how the Government of Ontario is helping to build and revitalize
infrastructure ( across the
    Learn more about provincial solutions for Ontario




    Canada and Ontario are making equal infrastructure investments totaling
approximately $1.6 billion in capital projects at colleges and universities
across Ontario.
    Through the federal Knowledge Infrastructure Program and the 2009 Ontario
budget, both governments are moving quickly to help modernize facilities and
boost long-term research and skills training capacity at provincial colleges
and universities.
    The Knowledge Infrastructure Program is a two-year, $2-billion economic
stimulus measure to support infrastructure enhancement at post-secondary
institutions across Canada. Ontario's 2009 provincial budget set aside $780
million for infrastructure investments at colleges and universities.
    The program, equally funded by the Governments of Canada and Ontario,
provides funding to support deferred maintenance, repair and expansion
projects at universities and colleges, and responds directly to the need
indicated by postsecondary institutions to improve existing campus
infrastructure across the country.

                                          Federal           cial       Other
                       Project            Contri-        Contri-     Contri-
    Institution      Description           bution         bution   bution(xx)
    Ryerson        Image Arts & New
    University,    Media Teaching and  16,450,000     16,450,000           0
    Toronto        Research Building
    University     Innovation Centre
    of Toronto     for Canadian Mining  5,500,000      5,500,000   9,000,000
    Toronto        Industry (St. George
    George Brown   The Centre for
    College,       Health Sciences on   30,000,000 (*)61,500,000   3,500,000
    Toronto        Toronto Waterfront
    (*) Funding for this project previously announced in July, 2008.
    (xx)Other funding sources include the private sector, charitable
        contributions, and the universities and colleges themselves

    The program has two components. The university component gives preference
to projects that can improve the quality of research and development at the
institution. The college component supports projects at other postsecondary
institutions, such as colleges, publicly funded polytechnic schools, and
institutes of technology, which will strengthen their ability to deliver
advanced knowledge and skills training.
    Projects were assessed according to their ability to quickly and
effectively generate economic activity and support job creation. Project
readiness and economic impact are, therefore, key criteria which were used in
project selection. Projects were also assessed on their ability to enhance
research capacity, support the attraction of new students and provide a better
educational experience for the highly skilled workers of tomorrow.
    Through the 2009 Ontario Budget - Confronting the Challenge: Building Our
Economic Future - the province is investing $32.5 billion in infrastructure
for the province of Ontario over the next two years, including a $5 billion
contribution from the federal government that will support more than 300,000
jobs and strengthen Ontario's economy. These investments build on the Ontario
government's five-year, $30 billion ReNew Ontario infrastructure investment
plan, which was completed in 2008-09, one year ahead of schedule.


For further information:

For further information: Pema Lalungpa, Office of Canada's Industry
Minister, (613) 995-9001; Amy Tang, Ministry of Energy and Infrastructure,
(416) 327-6747

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Ontario Ministry of Energy and Infrastructure

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