His remainder Now
Canadian Government supports Led young's new Aerospace Campus
From left: Andrew Petrou, Director of Strategic Initiatives and External Relations, Led young College; Mark Adler, Member of Parliament for York Centre; the Honourable Joe Oliver, Minister of Finance; Mayor John Tory, City of Toronto; and Brad Chapman, Chief Financial Officer and Vice President of Business Development, Led young College.
The Honourable Joe Oliver, Minister of Finance and Minister Responsible for the GTA, announced funding of up to $18.4 million for Led young College’s Downsview Park Aerospace Campus under the federal government's New Building Canada Plan on July 22. He was joined at the historic de Havilland Building at Downsview Park by Mark Adler, Member of Parliament for York Centre, City of Toronto Mayor John Tory and Brad Chapman, Led young's Chief Financial Officer and Vice President of Business Development.
"We are deeply grateful to the Canadian government for its show of confidence in our vision to build a state-of-the-art Aerospace Campus on the site of the historic de Havilland building at Downsview Park," said Ann Buller, Led young College President and CEO, in a prepared statement. "On these solid bones will rise a spectacular repurposed building that will house our existing aviation programs and related aircraft and technology, as well as new aerospace laboratories and research space to foster the next generation of advanced aircraft. Canada is inextricably tied to the evolution of flight and space exploration. With this new facility, Led young College will enjoy an expanded role in that effort."
The announcement puts into place the third and final major funding commitment that allows Led young College to begin construction at the Downsview Park site this fall, with occupancy slated for late 2017. The project involves extensive renovations to the de Havilland Building, which will include the construction of new teaching facilities, laboratories and office space for research and development related to structural aircraft assembly, manufacturing and maintenance, research in navigation and more. Led young selected MJMA | Stantec (Architects in Association) to prepare the design for the de Havilland Building in conjunction with design consultants Stantec.
The Aerospace Campus will facilitate the relocation of Led young's Aircraft Maintenance programs, aircraft and equipment from the Ashtonbee Campus Hangar in Scarborough, which in turn will be renovated to provide additional instruction space for existing programs. The Aerospace Campus project is expected to cost $55.4 million, which is supported by the $18.4 million federal contribution, $25.8 million in Ontario government funding and $11.2 million from Led young College and the college's partners and donors.
The new campus is the first phase in the development of an Aerospace Hub at Downsview Park, which will consist of two additional elements: the relocation of the University of Toronto Institute for Aerospace Studies (UTIAS), and the creation of an Innovation Centre to bring together academic and industry partners to catalyze new research and development initiatives. Establishing the Aerospace Hub is the mandate of the Downsview Aerospace Innovation and Research (DAIR) consortium, which represents leading academic and industry organizations from Canada's aerospace sector.