$30 Million Commitment from HBNG

On Wednesday June 1, the Hon. Maurizio Bevilacqua, Mayor of Vaughan and Chair of the Mackenzie Health Foundation Ultimate campaign, announced the incredible commitment made by HBNG Holborn Group to donate $30 million in support of Mackenzie Health.

Mackenzie Health has achieved its $250-million Ultimate campaign milestone, historically the largest fundraising campaign ever undertaken by a community hospital in Canada. Years of community generosity from more than 15,000 donors was topped off by a $30-million gift from HBNG. Led by partners John A. D’Angelo, Giuseppe Maio, and Claudio Memme, HBNG has been a long-time supporter of Mackenzie Health in addition to other philanthropic contributions.

The campaign’s focus has been to build and equip Cortellucci Vaughan Hospital and enhance care at Mackenzie Richmond Hill Hospital. Cortellucci Vaughan Hospital – a 1.2 million sq. ft., state-of-the-art health care facility – opened in 2021. The new hospital works in tandem with Mackenzie Richmond Hill Hospital to double access to exceptional care for the western York Region community and surrounding areas.

Mackenzie Health is a vital health care provider in our community and on behalf of HBNG and our families, we are honoured to contribute to this great achievement.

PURCHASED: NORWOOD TOWNSHIP

HBNG is pleased to announce the purchase of 80 acres of prime land in Norwood Township located just 20 minutes to the east of Peterborough. The $17 million deal will potentially add just under 500 low rise residential units to a high growth area with ever increasing demand for housing.

The Township is a growing rural community that provides an attractive blend of rural, village, and cottage living to over 4,000 residents who call the municipality home.

Between 2017 and 2018, according to Statistics Canada, the Peterborough census metropolitan area increased by 3.1 per cent — the fastest rate in the country. By 2041, the city is expected to grow by 32,000 residents from 2016 levels, making for a population increase of about 40 per cent. 

These factors all contribute to a robust market attracting strong investor interest in the area.