BMO donates downtown Chilliwack building to UFV

In what will be the largest gift it has ever received, the University of the Fraser Valley will take possession in early 2013 of the former Bank of Montreal branch building at historic Five Corners in downtown Chilliwack. The institution will renovate and refurbish the building to create UFV Plaza, a downtown education centre focusing on programming related to business development and training. BMO Financial Group will donate the land and the facility, valued at approximately $850,000, to UFV. The Chilliwack Economic Partners Corporation will provide up to $650,000 to renovate the facility, bringing the total value of the project to approximately $1.5 million. UFV News Release