Toronto CAMH Discovery Centre | 41.6m | 7s | CAMH | KPMB

https://www.insidetoronto.com/news-...ction-of-two-new-patient-buildings-this-fall/

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Towered said:
There's not too many people in this country who could afford that...
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True enough.

Very nice to see this sort of philanthropy.

Though, without being the least bit ungrateful for this particular donation; Canada needs to see a great deal more of this from its super-rich.

I notice many rich Canadians in the 20M-500m net worth range giving away 10% or more of that accumulation, much to their credit.

But the Billion plus club tends to be more stingy.
 
Towered said:
There's not too many people in this country who could afford that...
Click to expand...

It's a lot of money, to be sure, but keep in mind when announcements like these are made, the disbursement breakdown is often not reported. A $100M donation spread across 20 years, for example, is manageable for a relatively significant number of Canadians (speaking of the realm of millionaires and billionaires, of course), and certainly a much larger pool than the list of folks who could make that donation in a lump sum, upfront payment (which is rare).
 
very, very few people have $100 million in liquid assets anyway, even people with net worth's over a billion. Most people with net worths in that realm have the wealth tied up in shares of their company, which are difficult to liquidate to fund a donation of this scale.
 
I saw a number of people on social media speculate it may be something to do with the estate of Barry and Honey Sherman - but it would be way too soon for that
 
Highly speculative, of course, but I suppose it's conceivable that the gift had already been signed off on and the announcement was imminent before their passing, and it was then held when the news broke.
 
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