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Princess Margaret Cancer Foundation Receives $100 Million Anonymous Donation

The gift will fund a $2.5 billion campaign to speed cancer research, treatment and patient care, the foundation said.

  • On Tuesday, The Princess Margaret Cancer Foundation announced an anonymous donor gifted $100 million, the largest donation in the organization's history, compelled by a personal connection to cancer.
  • This contribution supports the newly launched $2.5 billion 'Carry The Fire' campaign, which focuses on catching cancer early, advancing new treatment approaches, and transforming the patient experience.
  • Dr. Miyo Yamashita, President and CEO of The Princess Margaret Cancer Foundation, called the gift transformative, while Dr. Kevin Smith, President and CEO of University Health Network, noted the centre creates the future of cancer care.
  • Survivor Beth Johnston, diagnosed with aggressive acute lymphoblastic leukemia three years ago at the Princess Margaret Care Centre, received a transplant 18 months ago and believes the funding will enable more patients to become survivors.
  • With a deeply collaborative global research network and diverse patient population, the centre produces discoveries applicable across over 200 cancer types, strengthening Canada's position as a global leader in cancer research.
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The Princess Margaret Cancer Foundation Launches Historic $2.5 Billion Carry The Fire Campaign

The Princess Margaret receives a $100 million donation to mark the largest cancer fundraising campaign in Canadian history

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The Toronto Star broke the news in Toronto, Canada on Tuesday, September 22, 2026.
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