BMO Announces $21 Million Gift to Seven Toronto Academic Hospitals, including The Princess Margaret


TORONTO - BMO Financial Group today announced a $21 million gift to seven academic hospitals affiliated with the University of Toronto's Faculty of Medicine in support of advancing science, research and the enhancement of patient care.

The gift, to be granted over the next ten years, serves to highlight Toronto and Canada as a global hub and leading centre for medical research and healthcare. $3 million will go towards Princess Margaret Cancer Centre, supporting the work of Dr. Lillian Siu, BMO Financial Group Chair in Precision Genomics.

This visionary gift will further the work of the following hospitals and research centres:

  • Princess Margaret Cancer Centre – funds will support the establishment of the BMO Financial Group Chair in Precision Genomics, a first of its kind
  • Centre for Addiction & Mental Health (CAMH) – funds will support the naming of the new geriatric wing, BMO Financial Group Geriatric Ambulatory Services
  • Hospital for Sick Children – BMO will become a founding partner in the establishment of the new Kids Health Alliance, a new technology platform bringing together community doctors, hospitals, and home and community healthcare providers throughout Ontario to deliver the highest possible form of extended care
  • St. Michael's Hospital – funds will be earmarked for the BMO Ambulatory Care Area in the new state-of-the-art Slaight Family Emergency Department
  • Sinai Health System – funds will create a state-of-the-art Diabetes Complications Prevention Clinic and develop tailored, culturally-appropriate diabetes programming for First Nations communities
  • Sunnybrook Health Sciences Centre – funds will support a new prostate cancer centre that will be the home of a program built on three pillars: innovative research, leading-edge diagnosis and precision treatment
  • Toronto Western Hospital, University Health Network – funds have established the BMO Education & Conference Centre, where global healthcare professionals gather to share the latest in medical education and research innovation

Original Release on BMO website: