BMO donates $1 million to fund construction of new state-of-the-art science building
The University of Lethbridge announced on December 12, 2016 that BMO Financial Group has joined the University’s Destination Project through a $1 million philanthropic donation for construction of a new Science and Academic Building at its Lethbridge campus.
The Destination Project is the boldest and most significant development for the University since the construction of the original University Hall. The new facilities will bring together faculty and students from across science disciplines, promote and enable curricular innovation, help students achieve their academic goals and foster a community of science at the U of L and across southern Alberta.
The theatre, which will carry the name of BMO Financial Group, will serve as a key space for housing science outreach activities.
“We are very appreciative of BMO Financial Group for joining us in the creation of this transformational project and helping us shape the future of the University of Lethbridge,” says U of L President and Vice-Chancellor Dr. Mike Mahon. “Our relationship with BMO encompasses a number of initiatives and this gift extends their history of supporting both the University and the southern Alberta community.”
“We are very pleased to partner with U of L on the Destination Project, one that will undoubtedly enhance the University and experience of students in the community for years to come,” says Susan Brown, Senior Vice-President, Alberta and North West Territories Division, BMO Bank of Montreal. “We have a longstanding relationship with the school and remain committed to investing in programs that will help the advancement of future leaders in the field of science.
Knowledge sharing is a key component of the Destination Project, between professors and students as well as to the broader southern Alberta community. The BMO Financial Group sponsored theatre will serve as a key space for housing science outreach activities.
“The Destination Project is designed to engage the community. Science shouldn’t exist behind closed doors,” says Dr. Ute Kothe, supervisor of the University’s Let’s Talk science program and a researcher in the Department of Chemistry and Biochemistry. “It’s our obligation to enable a hands-on approach to learning that will ignite a greater curiosity for science in adults and children.”
In under 50 years, the U of L has evolved from an idea to one of Canada’s top-ranked universities and leading research institutions. Building on these past accomplishments, the Destination Project is the next step forward – helping shape the future of science and teaching for the next 50 years.
“These facilities will give us the research capacity for the future of this institution,” says Dr. Craig Cooper, Dean of the Faculty of Arts & Science. “We are thrilled that BMO Financial Group has recognized the potential of this development and what it will mean to the University, our region, province and country for years to come.”
About University of LethbridgeAlberta’s Destination University, the U of L attracts approximately 8,600 undergraduate and graduate students from around the world to our campuses in Lethbridge and Calgary each year. We offer more than 150 undergraduate and 60 graduate programs in six faculties and schools: Arts & Science, Education, Fine Arts, Health Sciences, Management and Graduate Studies.
About BMO Financial Group
Established in 1817, and currently marking its 200th year of operations, BMO Financial Group is a highly diversified financial services provider based in North America. With total assets of $688 billion as of October 31, 2016, and more than 45,000 employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, Wealth Management and BMO Capital Markets.