WATCH LIVE: Ford to announce 'largest' corporate donation in Canadian history to Toronto-area hospital network.
Construction is set to begin on the project in 2025 and, upon completion, the hospital will house over 950 beds – which THP said will make it the biggest hospital in the country.
Also included in the announcement, which was attended by Ontario Premier Doug Ford and Health Minister Sylvia Jones, is an incentive by Orlando Corporation to match every donation made towards the project, up to an additional $75 million. “Orlando Corporation’s extraordinary matching gift, the largest ever, promises to encourage the spirit of giving across our entire community to create a new kind of health care in the West GTA,” THP Foundation President and CEO Caroline Riseboro said Wednesday. “This inspiring gift will double the impact of all donations from the community, magnifying their support to allow the hospital to accomplish even more.
The current THP Mississauga Hospital, located at Hurontario Street and Queensway West, will continue to serve the area until it’s demolished following completion of the new project. THP said the new space will almost triple the size of the current site and will span 2.8 million square feet.
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