Victoria University in the University of Toronto

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Victoria University is a federated school of the University of Toronto, consisting of Victoria College and Emmanuel College. Victoria University is somewhat separated from the rest of the university geographically, bordering Queen's Park, and being located on the eastern portion of the campus along with St. Michael's College. Victoria College is today home to approximately 3,500 undergraduate students. The President of the University is Paul W. Gooch and the Chancellor is Wendy Cecil. The Principal of Victoria College is David Cook and the Principal of Emmanuel College is Mark G. Toulouse. The current Dean of Students is Kelley Castle.

Traditionally, Victoria has attracted students with high academic reputations, maintaining its long reputation as one of Canada's strongest institutions of higher education.

Victoria is presently the wealthiest college at U of T by net assets. In part this has been because of alumni donations, but much of the growth is specifically due to the rapidly increasing value of Victoria's large real estate holdings in downtown Toronto. Today, the College has a securities portfolio worth approximately $78 million and a real estate portfolio worth $80 million.[citation needed]

Contents

History

The Wesleyan Methodist Church in Canada laid the foundation of Victoria College in Cobourg, Ontario in 1834. It was incorporated as a University in 1841. Rev. Dr. Ryerson was its first President.[2] Victoria College was originally founded as the Upper Canada Academy by the Wesleyan Methodist Church in Canada.

In 1831 a committee decided to locate the school on 4 acres (16,000 m2) of land in Cobourg, Ontario, to the east of Toronto, because of its central location, large town, and access by land and water. In 1836 Egerton Ryerson obtained a royal charter for the institution in England (the Upper Canadian government being unwilling to provide a charter to a Methodist institution at that time) and the school officially opened its doors to male and female students under the principalship of Matthew Ritchie. Although it taught a variety of liberal arts subjects, it also functioned as an unofficial Methodist seminary. In 1841 the Academy became Victoria College and finally received its own charter from the Upper Canadian Legislature. Victoria University was formed in 1884 when Victoria College and Albert University federated with each other. In 1890, Victoria University federated with the University of Toronto. In 1892, Victoria University moved from Cobourg to its current campus on Queen's Park Crescent, south of Bloor Street (at Charles Street West), in Toronto.

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