Gerry Schwartz, Heather Reisman give $100 mln to U of T tech centre

Gerry Schwartz and Heather Reisman have given $100 million to the University of Toronto (U of T) to create a complex anchoring a cluster of artificial intelligence, biomedical and other technology researchers. The soon-to-be-built 750,000-square-foot Schwartz Reisman Innovation Centre will also support U of T's entrepreneurship network and student and faculty-led startups. U of T said the donation is the largest in its history and for Canada's innovation sector. Schwartz is the founder, chair and CEO of Canadian private equity firm Onex Corp. Reisman is the founder, chair and CEO of Canadian book retailer Indigo.

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