TORONTO, ONTARIO – Humber College will receive $3 million over five years from Magna International to advance the College's training and leadership in the areas of mechatronics, traditional and digital skilled trades and workforce skills development.
This investment in Humber students will foster the development of the next generation of leaders in Canada's skilled trades and technology industries and builds on more than 20 years of collaboration between Magna and the College. The contribution will provide 22 new annual scholarships for students as well as support equipment needs and special initiatives of the Barrett Centre for Technology Innovation (Barrett CTI), including skills competitions, applied research projects, apprenticeship training, continuing education, and traditional and digital skills training programs.
Magna’s donation will address solutions for the current skills gap by providing students with unique learning experiences while training them to use leading technology and systems currently used in industry. This will give them the in-demand skills needed to succeed, as employers expand Smart Factory and Industry 4.0 technologies.
“Magna has chosen to invest in our shared vision for addressing the skills gap and providing the experiential learning needed to succeed in the skills economy and Industry 4.0,” said Chris Whitaker, president and CEO, Humber College. “We are immensely grateful for Magna’s generosity and we look forward to working together to provide students with new learning and employment opportunities and continuing to strengthen our polytechnic model of education.”
Magna employees will also benefit from new upskilling opportunities created through this investment.
”The way we can stay ahead in a competitive and constantly changing world is to plan and invest in the future,” said Aaron McCarthy, chief human resources officer, Magna. “At Magna we’re committed to providing students and working people with opportunities to further their education, gain new skills, and bring out the best in themselves. This is a core part of the Magna culture and we’re grateful for the opportunity to continue our partnership with Humber College.”
Magna’s gift is one of the largest donations to Unlimited, Humber’s first-ever fundraising campaign. Humber has the bold ambition to ignite discovery and innovation, accelerate student potential and transform the learning experience. With this gift, Humber has raised over to $39 million towards this $50 million campaign. More information on Unlimited is available here.
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About Humber College Institute of Technology & Advanced Learning
Humber College is focused on our students’ future. As a global leader in polytechnic education, Humber students receive in-depth theoretical learning and hands-on experience with applied research and extensive industry connections. Humber provides career-focused education to more than 33,000 full-time and 23,000 part-time and continuing education students across three campuses. A comprehensive range of credentials including honours undergraduate degrees, Ontario graduate certificates, diplomas, apprenticeships and certificates, prepare career-ready global citizens to move seamlessly from education to employment. More than 86 per cent of Humber graduates are employed within six months of completing their studies. Visit humber.ca.
About Magna International
We are a mobility technology company. We have over 152,000 entrepreneurial-minded employees, 346 manufacturing operations and 93 product development, engineering and sales centres in 27 countries. We have complete vehicle engineering and contract manufacturing expertise, as well as product capabilities that include body, chassis, exteriors, seating, powertrain, active driver assistance, electronics, mechatronics, mirrors, lighting and roof systems. Our common shares trade on the Toronto Stock Exchange (MG) and the New York Stock Exchange (MGA). For further information about Magna, visit www.magna.com.
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Humber College - Media Relations