Alberta endorses land trust endowment for Keyano

February 24, 2012

The Alberta government has approved the transfer of more than 600 acres of land in the Saline Creek area from Keyano College to a land trust for the institution. The land will be used for new residential and commercial development in Fort McMurray. Keyano estimates that the trust will generate between $80 million and $120 million in net revenue for the institution over an 8- to 10-year period. Alberta News Release | Keyano News Release