The Southern Alberta Institute of Technology (SAIT) has announced a C$30 million gift ($22.7 million) from Calgary philanthropist David Bissett.
The largest gift ever to SAIT will establish a new school dedicated to providing the latest in digital education for students, enabling the institution to advance change in Alberta and Canada through technology. Over the next few months, and in consultation with industry partners and community leaders, the institute will begin to develop a plan for the school, with a focus on meeting the needs of employers in the region.
In 2014, Bissett awarded $5 million to SAIT to establish the Bissett Bursary Program, which covers the cost of tuition for high school graduates with financial need.
"I see every day the importance of technology in every field, whether it is investment management, oil and gas, or agriculture. The advance in the associated technologies is breathtaking," said Bissett. "If we are not fully competitive in these skills in the global economy, we are doomed to be a nation falling behind and will not be able to afford the standard of living and social services which we have enjoyed.”
"We are honored David Bissett has chosen SAIT," said SAIT president and CEO David Ross. "This significant contribution will enable SAIT to support our students and our industry partners, to develop the mindset, adaptability, and knowledge to use and create technology to drive us forward."