20/02/2008
Ontario’s Ministry of Training and Colleges, has issued a press release announcing that it will invest $8 million in the University of Waterloo's new Health Sciences Campus planned for downtown Kitchener. The campus will include the new School of Pharmacy and a satellite campus of McMaster University's Michael G. DeGroote School of Medicine and will establish Waterloo Region as a key centre for health sciences. The campus will attract skilled health care professionals to the region, provide more opportunities for students and increase access to multi-discipline health sciences for this rapidly growing area.
"Our government knows that it is today's students who will build Ontario's future economy, and that economy will be increasingly knowledge-based," said John Milloy, Minister of Training, Colleges and Universities. "Our investments in the Waterloo Region will help ensure students are prepared for success in the future while we create new jobs today."
The funding is part of the $1.4 billion investment in strategic infrastructure announced in the Fall Economic Statement which is designed to make Ontario's economy more competitive and stimulate job creation and growth across the province.
The investment in strategic infrastructure also included funding for campus renewal projects. The University of Waterloo is receiving more than $9 million in campus renewal funding.
"We thank the province for this outstanding leadership gift towards our Health Sciences Campus," said David Johnston, President of the University of Waterloo. "Training health professionals and carrying out research that will improve health care are high priorities for the people of Ontario, and we are thrilled to have support from the government of Ontario to help us do our part."
The full press release including details of additional funding can be found at: www.newswire.ca
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