The provincial government announced that it is supporting Magna's expansion with $23.6 million in funding through Invest Ontario.

Several months after the stag and doe, the province announced it was opening up the protected Greenbelt to build 50,000 homes as part of its plan to build 1.5 million homes in 10 years.

The program is valued at up to $40,000 per student, and will cover tuition, tools and living expenses for students enrolling in a skilled trade program.

The Sault Ste. Marie, Ont.-based steel producer says revenue for the third quarter ended Dec. 31 was $567.8 million, down from $1.06 billion a year earlier, a decrease of almost 47 per cent. 

Located at the northwest entrance to the university's downtown campus, The Gateway will create housing and academic spaces.