U of T seeks $2 billion


The University of Toronto recently made history by launching the largest Canadian university fundraising initiative, BOUNDLESS, a $2-billion campaign. U of T president David Naylor announced the endeavour at Convocation Hall on Sunday evening.

The campaign has already secured nearly half of its goal at $966 million, with large sums coming from philanthropists. The funds will be used to prepare global citizens and to meet global challenges.

“Canada must have universities that can achieve two related goals: conduct the advanced research that will help solve the grand challenges humanity now faces, and offer the best and brightest students an exceptional education to help them build a better world,” said Naylor.

The Honourable David R. Peterson, U of T’s chancellor, said that this campaign is an extraordinary breakthrough for the university. He hopes that students will be better prepared for leadership in “an increasingly borderless world”.