Potential $25m gift to Dalhousie’s ocean institute hinges on federal backing

"federal backing" makes it sound like a line item from the Feds, when what it really requires is that Dal is successful in being granted part of a larger fund based on their application. Wining a competition as opposed to a directed grant.

“We’ve secured a $25-million private donation that’s conditional on us winning this bid,” he told the community planning and economic development standing committee.

“This is the largest-ever contribution to ocean science in Canadian history,” Hebb said. “It would be the largest contribution that Dalhousie has ever received in its history.

“Dalhousie is committed to match that with another $25 million in fundraising. It’s a very significant $140-million project when you pull it all together.”