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B.C. entrepreneurs donate $40 million to Simon Fraser University medical school

The gift will fund training and research at the new Surrey campus school, which will open in August with 48 students.

  • On Friday, entrepreneurs Arran and Ratana Stephens announced a $40 million donation to Simon Fraser University, naming the new medical school in Surrey the SFU Stephens Family School of Medicine.
  • Surrey's facility is Western Canada's first new medical school in nearly 60 years, addressing British Columbia's profound shortage of family doctors leaving many without local access to care.
  • The school prepares to welcome its first 48 students this August, with SFU President Joy Johnson describing the gift as 'visionary' and 'transformative' as enrollment increases to 120 by 2035.
  • Premier David Eby praised the 'remarkable generosity,' emphasizing that training future doctors within British Columbia improves retention as students will likely practice in communities south of the Fraser.
  • The donation supports research and innovation while fostering medical education centered on community, rural, and Indigenous approaches to health care, strengthening the province's health care system long-term.
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Province of BC broke the news on Friday, June 5, 2026.
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