Ontario Veterinary College has the results of a consultant’s
report that indicates it benefits the Ontario economy by more than $125 million
a year.
It also
generates about 800 jobs annually, according to a new economic analysis by
Deloitte LLP.
The study
was done as the college heads into another round of negotiations seeking reaccreditation.
It has fallen short of meeting
standards in its last two reaccreditation proceedings and has had to scramble
for money and plans to come up to snuff. It is 152 years old and is Canada’s
first veterinary college.
The report
said OVC provides the government with an excellent return on its investment,
and contributes to the province and country in critical ways besides educating
veterinarians.
“We’ve always known
that the University of Guelph and Ontario Veterinary College contribute to the
quality of life in our province, and this report shows just how significant an
impact OVC has on Ontario’s economic vitality,” said U of G president Franco
Vaccarino.
