Ontario Industry Updates

$100 M Endowment Fund Announced for Health Sciences Research in Hamilton

Philanthropists Charles and Margaret Juravinski will create an endowment of more than $100 million to equally support Hamilton Health Sciences, McMaster University and St. Joseph’s Healthcare Hamilton by funding health research in a variety of areas including cancer, mental health, lung and respiratory care, and diseases of aging.

Government of Canada Announces $49M in Industry Consortium for Image-Guided Therapy

The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, announced an investment of $49 million into the Industry Consortium for Image-Guided Therapy (ICIGT), a pan-Canadian network led by Sunnybrook that will transform Canada’s image-guided therapy industry into a global leader by integrating artificial intelligence into imaging-based medical technologies.