Hamilton to invest $47 million in McMaster health campus

August 10, 2011

The City of Hamilton and McMaster University have struck a deal for a downtown health campus. On Tuesday city council voted to commit more than $47 million over 30 years to the proposed facility, currently the headquarters of the Hamilton-Wentworth District School Board. The funding includes a $20-million contribution to the capital costs, leasing and operating costs over 30 years, and interest on a $10-million loan from the Future Fund. Hamilton Spectator