Feds, Ontario sign funding deal for French-language university in Toronto
OTTAWA — The federal and Ontario governments have reached a deal on funding a new French-language university in Toronto.
An agreement signed today says the two will spend $126 million on the project over eight years.
The federal government is kicking in $63 million over five years, and then Ontario is to fund at least the same amount, starting in 2023.
Federal Official Languages Minister Melanie Joly calls it a historic day for Canadian francophones.