University of Calgary

University of Calgary

October 18, 2013 16:00 ET

University of Calgary celebrates single largest corporate donation in its history

Canadian Natural Resources Limited invests $7 million in the education of future engineers

CALGARY, ALBERTA--(Marketwired - Oct. 18, 2013) - Today, the University of Calgary announced the single largest corporate donation in the institution's history. Canadian Natural Resources Limited (Canadian Natural) has contributed $7 million to the Schulich School of Engineering. The gift will enable the Schulich School of Engineering to provide exceptional learning experiences for students and to create an environment in which engineering experts thrive, leading to groundbreaking and widely recognized research.

At a time when demand for engineers is on the rise in a number of industries, this gift will help educate and prepare highly skilled engineers, ensuring Alberta remains vibrant and economically competitive.

"Today's announcement represents an exciting new chapter in the Schulich School of Engineering's evolving stature as a leader in learning, teaching and research," said Elizabeth Cannon, president of the University of Calgary. "This significant gift from Canadian Natural Resources Limited, coupled with the community support we receive from our many generous donors, helps move the University of Calgary toward its Eyes High goals. I want to sincerely thank Canadian Natural and all of our generous donors."

The newly named Canadian Natural Resources Limited Engineering Complex will serve as the hub of teaching, learning and research within the Schulich School of Engineering, providing tools and resources to enhance the education of future engineers.

"Canadian Natural, as one of the largest Canadian oil and gas producers, is very pleased to be working with the University of Calgary to strengthen the Schulich School of Engineering," said Steve Laut, president of Canadian Natural. "We are committed to developing a skilled workforce that will lead technology and innovation in support of a sustainable and prosperous oil and natural gas industry."

The company's donation contributes to the previously announced Schulich School of Engineering Expansion and Renovation Project, which includes approximately 18,300 gross square metres of new space and renovations to more than 11,000 gross square metres of existing space within the complex. This project will enable the Schulich School of Engineering to increase capacity by at least 400 additional undergraduate and graduate students, which will help meet the growing needs for engineers.

The gift from Canadian Natural is a significant milestone in the Engineering Leaders campaign, the largest fundraising initiative ever undertaken by the Schulich School of Engineering. The goal of the campaign is to raise $60 million, of which $54.3 million has already been raised. With the gift from Canadian Natural and contributions from other donors, the campaign is now on track to reach its target.

This gift comes on the heels of the Government of Alberta's announcement on October 9, 2013, to provide $142.5 million to fund the Schulich Expansion and Renovation Project. Philanthropic donations of $15.8 million from the Engineering Leaders campaign will be added to cover the total project value of $158.3 million.

Watch a flythrough video of the Canadian Natural Resources Limited Engineering Complex: http://youtu.be/J_T7IBvqPjY

About the University of Calgary

The University of Calgary is a leading Canadian university located in the nation's most enterprising city. The university has a clear strategic direction to become one of Canada's top five research universities by 2016, where research and innovative teaching go hand in hand, and where we fully engage the communities we both serve and lead. This strategy is called Eyes High, inspired by the university's Gaelic motto, which translates as 'I will lift up my eyes.'

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