Ontario Supporting Innovation, Entrepreneurship for Ottawa Students
Province Invests in New Learning Centres at Algonquin College
Ontario is investing in an Innovation, Entrepreneurship and Learning Centre and an Institute for Indigenous Entrepreneurship at Algonquin College that will better equip students with the skills they need for the jobs of today and tomorrow.
Bob Chiarelli, Minister of Infrastructure and MPP for Ottawa West - Nepean, was joined by federal Minister Catherine McKenna and local MP Anita Vandenbeld at Algonquin College today to celebrate the start of construction of the new facilities.
The investment from the province and the federal government will allow Algonquin College to modernize existing space, transforming it into an Innovation, Entrepreneurship and Learning Centre that will house a Centre of Excellence for Cyber Security, a Centre of Excellence for Energy Innovation, and flexible classroom and work space. The investment will also allow for the establishment of an Institute for Indigenous Entrepreneurship, the only space of its kind in Ontario, which will support Indigenous students, alumni and community partners.
Ontario is making the largest investment in public infrastructure in the province's history -- about $160 billion over 12 years, which is supporting 110,000 jobs every year across the province, with projects such as hospitals, schools, roads, bridges and transit. Since 2015, the province has announced support for more than 475 projects that will keep people and goods moving, connect communities and improve quality of life. To learn more about infrastructure projects in your community, go to Ontario.ca/BuildON.
Investing in postsecondary infrastructure is part of our plan to create jobs, grow our economy and help people in their everyday lives.
- The overall cost to complete this project is approximately $44.9 million, and includes $21.9 million from Canada’s Strategic Investment Fund, $2.9 million from Ontario, and $20.1 million from Algonquin College.
- Ontario has invested $735 million in capital funding for colleges and universities since 2013-14.
- Research shows that every $100 million of public infrastructure investment in Ontario boosts the gross domestic product by $114 million, particularly in the construction and manufacturing sectors.
“Our government is proud to support this important project, which will give Algonquin College students access to renewed and upgraded facilities. We know that providing access to high-quality education and training facilities is critical to building the highly-skilled workforce we need to support good jobs and economic growth.”
“I have experienced firsthand Algonquin College’s impact in our community as an educator and bridge builder. With this investment we are ensuring Algonquin College will continue to provide a world-class education. Transforming the library into this modern, collaborative learning facility will provide access to the tools and technologies our students and community need to experiment, to create, and to innovate.”
“This once-in-a-generation investment by the Government of Canada is a historic down payment on the government’s vision to position Canada as a global centre for innovation. That means making Canada a world leader in turning ideas into solutions, science into technologies, skills into jobs and start-up companies into global successes. This investment will create conditions that are conducive to innovation and long-term growth, which will in turn keep the Canadian economy globally competitive.”
The Honourable Navdeep Bains
“Encouraging scientific awareness in Ottawa West-Nepean and across Canada depends on supporting our world-class scientists and researchers. Through investments such as those under the Strategic Investment Fund, we are continuing to lay the groundwork for making Canada a global leader in scientific excellence.”
The Honourable Kirsty Duncan