I am pleased to share our deferred maintenance report for 2022.
Taking care of deferred maintenance needs on our campus is imperative to creating a world-class student experience and supporting our academic and research mission.
As you know, Facilities & Services oversees our campus’s deferred maintenance and facilities renewal program to ensure buildings and grounds are kept in a state of good repair to enable the University of Toronto’s academic and research mission.
Today we are planning the future of U of T’s extensive infrastructure amid changing economic tides and imminent climate change. Over the course of the pandemic, high inflation drastically increased construction costs in Toronto. Meanwhile, climate change poses a variety of risks to our infrastructure due to more frequent and severe adverse weather events.
All these factors underscore the need to continue investing more in renewal and resilience while spending increasingly limited funds in a strategic and fiscally responsible manner.
I encourage you to take the time to read the report to understand the annual deferred maintenance cycle, last year’s results, and how we are investing strategically and tackling these significant challenges.
Operations & Real Estate Partnerships