The University of Regina’s historic College Avenue campus is the recipient of a multi-million dollar boost in funding from the federal government’s Post-Secondary Institutions Strategic Investment Fund.
A total of $30.1 million in funding was announced Friday, with $27.6 million going towards renovations to the 100-year-old College Avenue campus. The building will be modernized in order to house the new Canadian Institute for Science and Innovation Policy.
An additional $2.4 million was granted to the university to upgrade the existing laboratory building on its main campus.
Parkland College’s emergency services training site in Melville, Sask. received $100,000 for the installation of an electric and pressurized water system.
Dave Button, vice-president of administration at the U of R, said the $30 million contributed by the federal government will be matched by the university.
“What it means for the university is to protect and preserve our heritage campus here and increase the functionality of a student space that is so important to us,” Button said.
Minister of Public Safety Ralph Goodale, speaking on behalf of Minister of Innovation, Science and Economic Development, Navdeep Bains, said the investment will have continued payoffs for Saskatchewan and the rest of the country in the future.
“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,” said Goodale.
“This investment will create conditions that are conducive to innovation and long-term growth, which will in turn keep the Canadian economy globally competitive.”
Renovations to the College Avenue campus will begin in earnest in October. It is expected to be completed within two years.
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