Fanshawe College Receives $31.8-Million in New Funding
Fanshawe College is starting the new work week with a $31.8-million dollar announcement from the Federal and Provincial Governments.
$15.9-million dollars will come from Ottawa while another $15.9-million dollars will come from Queens Park.
The announced funding will allow Fanshawe College to expand its recently purchased building at 1764 Oxford Street. The Centre for Applied Transportation Technologies will accommodate 1,500 full time students who are seeking job-ready credentials in trades and technologies that support the transportation industry.
Dr. Rundle was pleased about today's announcement. "We have one of the highest confirmation rates to date for fall 2009 and there is a marked increase in demand from adult learners and Second Career applicants. This is a great step toward meeting that increased demand." said Rundle.
The investment is part of the federal government's two-year, $2-billion plan to repair and expand research and educational facilities at Canadian colleges and universities.
London West MP Ed Holder announced the federal funding today which will be put towards Fanshawe's Centre for Applied Transportation Technologies.
"This is a significant investment in Fanshawe College and all of London will benefit as a result, especially with the new jobs in the short-term. This is the stimulus spending we have been pushing, which will help our local economy recover while investing in long-term innovation," said MP Holder.
"This is an example of the swift response that is possible when the federal and provincial governments work for the best interests of our community."