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RSS FeedsProvince pulls $20M in funding from OCAD University expansion
(The Star Food)

 
 

17 april 2019 01:00:20

 
Province pulls $20M in funding from OCAD University expansion
(The Star Food)
 


OCAD University is determined to move forward with a campus expansion project after receiving “devastating news” that the province is withdrawing millions in funding.The move by the Progressive Conservatives affects the Creative City Campus, a downtown Toronto project that’s been in the works for about a decade. It involves adding 50,000 square feet of new space and renovating 95,000 square feet of existing space.“It is devastating news for the institution,” said Sara Diamond, president of the OCAD University. “This really is a significant, very negative decision on the part of government.”“We’re well underway (with the project) and it meets the needs of our university for 21st century high-quality education in design and in digital media and creative industries that the Ontario economy needs,” she told the Star on Tuesday. “This is really a blow to that capacity in the province and we’re really surprised that the government decided to, essentially, cancel their contract with us.”In 2016, the previous Liberal government committed $27 million towards the project. To date, the province has given the university $7 million. But on Friday afternoon, it withdrew future funding.In a letter, deputy minister George Zegarac, from the Ministry of Training, Colleges and Universities, says “the province is no longer in a position to fund the project given provincial fiscal restraints.” He says that as part of last week’s budget, a “thorough review” of all government programs was done to “ensure investments are sustainable and modernized.”“Budget 2019 reflected the government’s commitment to achieve balance in a responsible manner, and deliver on the promise to restore accountability and trust in Ontario’s finances,” writes Zegarac in a letter addressed to Diamond. “Unfortunately, this requires making difficult decisions concern ...


 
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