$37 million gift for cardiology at University Health Network
TORONTO – In
what is being called the largest gift ever given to a Canadian hospital,
mining-industry tycoon Peter Munk (pictured) is
donating $37 million to the Peter Munk Cardiac Centre (PMCC) at Toronto
General Hospital, part of the University Health Network.
Much of the funding will be used to acquire state-of-the-art diagnostic
imaging and surgical equipment, transforming the Peter Munk Cardiac
Centre into a world leading treatment facility.
According to a spokesperson at the hospital, Requests for Proposals will
go out soon, setting the technology acquisition process into high gear.
Some of the equipment is expected to be the first of its kind in North
“Mr. and Mrs. Munk’s extraordinary vision and gift will transform the
Centre into the premier cardiac centre of the future with the latest
diagnostic and intervention facilities,” said Philip Orsino, chairman of
the board of trustees of the UHN. “It will stand as a beacon of hope and
compassionate care for many generations to come.”
“Peter Munk invested in the physical facility which bears his name and
now his incredibly generous gift gives us the ability take a giant leap
forward in cardiac diagnosis and treatment,” said Dr. Robert Bell,
president and CEO of the UHN. “We have the multidisciplinary team of
experts who are poised to evaluate and apply this new technology,
thereby developing the cardiac program of the future.
“Peter Munk’s $37 million gift is the crowning achievement of the UHN’s
$500 million fundraising campaign – Together We Make Life Better – which
is now well over our target,” Dr. Bell added. “The staff at PMCC is
extremely excited about the new opportunities for research and patient
care which will serve as a magnet to attract and retain the finest
clinicians and researchers from everywhere on the globe.”
“Bob Bell and his team have put together an exceptional plan that
maximizes the integration of minds and technology under one roof,
solidifying our role here in Canada as the North American leader in the
treatment of cardiovascular disease,” said Peter Munk. “I am very
pleased and proud that I have been able to support in a very tangible
way this great Canadian institution and its role as a world centre for
cardiac research and treatment.”
The Peter Munk Cardiac Centre (PMCC), supported through gifts totaling
$45 million from Peter Munk, is now approaching its tenth anniversary.
Toronto General Hospital plans to refocus the PMCC with the development
of a well-defined, integrated entity to be called the I³ Centre
(representing imaging, intervention and innovation).
The new resources will facilitate diagnosis of cardiac problems through
less-invasive methods and will allow the development of less-intrusive
treatments. The new Centre will contribute to the efficiency of care and
better outcomes for patients from around the GTA and across the
“Peter Munk’s long history with Toronto General Hospital is a testament
to his acute sense of public duty and service,” said George Smitherman,
minister of health and long-term care. “His vision for cardiac care will
benefit Ontarians with access to cutting-edge technology and the work in
the PMCC will provide the Province of Ontario with an International
Centre of Excellence where we can evaluate and implement new
technologies and clinical procedures.”
New developments in minimally invasive cardiac procedures will take full
advantage of next generation equipment’s precise imaging and will likely
improve efficiency of care.
The PMCC with its new I³ facility is supported by the provincial
government as an evaluation centre for this imaging and intervention
Cardiovascular disease (heart disease and stroke) is the leading cause
of death and disability in Canada, causing over one-third of all deaths.
Although death rates have declined during the 1990s, the actual number
of deaths among men and women has remained steady since the mid-1990s.
Peter Munk Cardiac Centre
The Peter Munk Cardiac Centre (PMCC) is among the top cardiac centres in
Canada. Since it opened in 1997, the PMCC has saved and improved the
lives of cardiac patients from around the world. Each year,
approximately 17,000 patients receive the innovative and compassionate
care from the PMCC multidisciplinary heart team. The PMCC is based at
Toronto General Hospital – a member of University Health Network, which
also includes Toronto Western Hospital and Princess Margaret Hospital.
All three are teaching hospitals affiliated with the University of
Toronto General & Western Hospital Foundation
Toronto General & Western Hospital Foundation raises funds for research,
education and the enhancement of patient care at Toronto General
Hospital and Toronto Western Hospital as well as their respective
research arms, Toronto General Research Institute and Toronto Western
Research Institute. The Foundation’s vision is to enable global
leadership and innovation in health by developing and sustaining strong
relationships with University Health Network stakeholders.