CBRM council pledges half a million dollars toward university’s capital campaign
Cape Breton University’s capital fundraising campaign received a significant boost of nearly half a million dollars from Cape Breton Regional Municipality. The decision was made by CBRM councillors to support the university in its efforts to fund buildings, infrastructure, and student scholarships through the Forever CBU campaign.
Mayor Cecil Clarke highlighted the importance of such investments in the community, noting that council had previously made a donation of $500,000 to the hospital foundation over multiple years. This commitment demonstrates the council’s dedication to supporting initiatives that benefit the region.
CBU President David Dingwall requested a donation of $5 per person based on CBRM’s population, which currently stands at nearly 105,000 according to Statistics Canada. This would amount to at least $470,000 towards the university’s fundraising goal of $205 million.
Dingwall expressed gratitude for the support received thus far, stating that CBU is more than halfway to achieving its capital construction and scholarship target. Councillor Steve Gillespie praised the developments at CBU under Dingwall’s leadership, particularly highlighting the upcoming medical school that will provide local training for doctors.
While acknowledging the significant contribution requested by CBU, Gillespie questioned how CBRM would be able to fulfill such a commitment. Mayor Clarke suggested that the donation could be spread out over several years or funded from an anticipated budget surplus, which is projected to exceed $1 million by the end of March.
Clarke mentioned that the surplus could be used to accommodate various spending priorities, including the donation to CBU. He reassured that the council is actively considering these priorities and hopes that the surplus, if realized, will cover the donation and other essential investments.
The decision to support CBU’s fundraising campaign reflects the council’s commitment to enhancing educational opportunities and infrastructure in the community. By collaborating with the university, CBRM aims to contribute to the region’s growth and development while ensuring that students have access to quality education and resources.
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