Provincial funds for uToronto collaboration to be spent on MaRS West Tower

January 5, 2016

In the fall, Ontario announced that it would give $19.4 M to the University of Toronto to help secure a collaboration with JLabs, a biotech subsidiary of Johnson & Johnson. Yet the majority of the money, $18.3 M, will go to fund work on the MaRS West Tower, according to an Access to Information request made by the Globe and Mail. According to the Globe, this grant “renews questions about how much Ontario is spending to turn MaRS West into the engine of innovation the provincial government envisioned,” and whether ON has put more money into the project than publicly declared. Globe and Mail