Ryerson University receives $36.6 million in government funding to improve infrastructure

Ryerson University has received a total of $36.6 million in funding from the federal and provincial governments.

The university is receiving $31.1 million in funding from the federal government’s Post-Secondary Institutions Investment Fund, a federal program aimed at modernizing infrastructure on post-secondary campuses. The Province of Ontario is also supporting the initiative by investing an additional $4.7 million.

The funding will be used to improve Ryerson’s infrastructure capabilities, enhance research and lab space, and encourage collaboration among researchers. Specifically, Ryerson will use $19.8 million towards redeveloping and constructing its Centre for Urban Innovation, an art lab and fabrication space; and $16.7 million towards renovating labs used by the university’s science, engineering, architectural science, and communication and design faculties.

“The government’s generous contribution will enable Ryerson to further enhance our research and lab facilities where our faculty and students will be encouraged to tackle complex problems, think creatively, and develop new solutions and approaches,” said Mohamed Lachemi, the university’s president and vice-chancellor. “The changes to our campus will create more state-of-the-art facilities to shape Canada’s future innovators, researchers, and entrepreneurs.”

Related: Federal and provincial government part of $189.8 million in new University of Toronto funding

Photo courtesy of Will Sloan

Amira Zubairi

Amira Zubairi

Amira Zubairi is a staff writer at BetaKit. As a fourth-year journalism student who has written primarily about entrepreneurship, Amira has developed a growing interest in Canadian startup, business, and tech news. In her free time, Amira enjoys reading, baking and watching legal shows.