Ontario is investing in innovative building upgrades at Sheridan’s Oakville and Brampton campuses, so that students can continue to receive high quality education in modern, comfortable facilities.
Amrit Mangat, MPP Mississauga–Brampton South, was joined by the Honourable Navdeep Singh Bains, Minister of Innovation, Science and Economic Development, at Sheridan College today to announce Ontario and Canada’s support for the innovative facility upgrades.
Mangat said: “Our government is proud to support this important project, which will give Sheridan College students access to renewed and upgraded facilities with district energy and combined-heat-and-power systems. 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 this investment will help us to do it.”
The investment from the province and the federal government will support the construction of efficient, flexible and modern district energy and combined-heat-and-power systems at both the Oakville and Brampton campuses. More than 100 students, faculty, staff and partners were involved in the initial planning phase of the project. Implementing the upgrades will increase energy efficiency and create further cooperative education opportunities, curriculum course offerings and research opportunities for Sheridan students.
Bains added: “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 middle-class 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.”
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 $21.4 million, and includes $9.9 million from Canada’s Strategic Investment Fund, $2.6 million from Ontario, and $8.9 million from Sheridan.
- 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. – CINEWS