Nova Scotia university gets $5 million from Tim Hortons co-founder

ANTIGONISH, N.S. – Canadian business magnate Ron Joyce is donating $5 million to St. Francis Xavier University towards the establishment of a centre for government studies.

Joyce, co-founder of the Tim Hortons coffee chain, is making the donation through his Joyce Foundation.

The institute, to be named after former prime minister and St. F.X. alumnus Brian Mulroney, will be dedicated to the study of government, Canada-U.S. relations, and global affairs for undergraduate students.

The institute is expected to open in late 2017.

University president Kent MacDonald says the money will go towards the construction of the institute as well as academic scholarships and bursaries.