So far, the governments of Canada, Ontario and Quebec have announced a combined $37.7 billion in production subsidies and construction support for three companies.

Statistics Canada reports investment levels rose by 5.3% for the month, reaching $18.9 billion. The residential sector accounted for nearly $13 billion of the monthly total.

The 94-year-old property earned the Canada Green Building Council's Zero Carbon Building – Performance Standard designation earlier this month.

The funding comes from the CIB's charging and hydrogen refuelling infrastructure initiative that has a $500 million funding target.

The 10,000-square-foot facility will become home to the college’s School of Applied Computer Science & Information Technology.