Ontario Supporting Innovation and Entrepreneurship for Niagara Region Students
Province Investing in New Facilities at Brock University and Niagara College
Ontario is investing in new, high-quality learning facilities at Brock University and Niagara College that will help equip students with the skills they need for the jobs of today and tomorrow.
Deb Matthews, Ontario's Minister of Advanced Education and Skills Development, joined federal Minister of Innovation, Science and Economic Development Navdeep Bains, local MPP Jim Bradley and local MP Vince Badawey at Brock University today to celebrate the start of construction of the new facilities.
The Brock University investment will support a new, leading-edge research facility, and the installation of new energy-efficient heating and cooling infrastructure throughout the campus.
The Niagara College investment will accelerate completion of new Agri-Food and Agri-Business facilities at the Niagara-on-the-Lake campus, to provide research, incubation and testing space that will support existing companies and new entrepreneurs, and increase industry productivity and employment in the Niagara region.
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 the Brock project is approximately $29.5 million, and includes $13.7 million from Canada’s Strategic Investment Fund, $2.6 million from Ontario, and $13.2 million from Brock University.
- The overall cost to complete the Niagara project is approximately $34.6 million, and includes $8.7 million from Canada’s Strategic Investment Fund, $1.6 million from Ontario, and $24.3 million from Niagara 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.
“An investment in Ontario’s students is an investment in our future. Our government’s support of new state-of-the-art facilities at Brock University and Niagara College will help equip the young people of the region with the skills they’ll need to be leaders in new industries and build up the economy.”
“Our government is pleased to support these important projects, which will give Brock University and Niagara 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 for today and tomorrow, and these investments will help us to do it.”