TORONTO — The University of Toronto has received a $250-million donation it says will be used for health-care research and innovation.
The school says a philanthropic couple donated the money to the school’s faculty of medicine and affiliated hospitals.
It says the money will be used on a new building for education and research, as well as on machine learning in medicine, biomedical research and entrepreneurship.
Ten-million will also be given to the school’s COVID-19 fund to support front-line clinical work and work by faculty members to improve testing, vaccine research and treatment strategies.
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The school says some will also be used on equity that includes scholarships for students of diverse backgrounds with a focus on Black and Indigenous students.
U of T says it will rename the faculty of medicine after the donors, James and Louise Temerty.
