Welcome
Ontario Genomics 2024-2025 Annual Report
It’s 25 years down and decades more to go at Ontario Genomics! This year’s annual report comes at a milestone time for our organization and we’re going all out with coverage of everything from commercialization and food innovation to personalized medicine and simplifying medical diagnostics. We also delve into helping researchers more efficiently understand data, showing multiple industries that upcycling is the way to go, and we’re even getting in touch with nature by uncovering environmental DNA. Read on the learn all about it!
Land Acknowledgement
Ontario Genomics acknowledges
that our office is situated in Tkaronto, or Toronto, on the traditional territory of the Anishinaabe, including the Mississaugas of the Credit, Haudenosaunee, and Huron-Wendat peoples and is now home to many diverse First Nations, Inuit and Métis peoples. This land is covered under several treaties, including the Toronto Purchase (Treaty 13) and the Dish with One Spoon Agreement. The closest community is the Mississaugas of the Credit First Nation. To acknowledge the historical and present-day injustices and support our team’s reconciliation work, we strive for continuous learning about the history of and present-day injustices impacting Indigenous peoples across Ontario, Canada and the world.
Introduction
This annual report comes at a very significant time for Ontario Genomics. We’ve officially entered our 25th anniversary! For a quarter century, we’ve been supporting academics and researchers in over 360 game-changing projects, growing our partnerships to more than 600, creating over 11,000 jobs and securing over $3.5 billion in investments. As impressive as all that is, we’re just getting started.
We tip our hat to the past while working enthusiastically on progress for the future bioeconomy. Since 2000, we’ve partnered with researchers, visionaries and industry leaders on exciting and awe-inspiring projects in health, food and agriculture and cleantech to make this province a better place to live, work and thrive. They were all motivated by the same question: “What if we could?” That is the inspiration for this year’s annual report and our 25 Years of Inspiring Innovation Gala, which we’ll tell you more about in next year’s report, but here’s a sneak peek of our celebration of outstanding biotechnology contributions.
Government
Message
“This milestone marks a quarter-century of groundbreaking genomics research and innovation that has positioned Ontario as a global leader in the health, agrifood and environmental sectors. Our government has proudly supported Ontario Genomics by investing over $20 million in their operations since 2018.”
The Honourable
Nolan Quinn
Minister of Colleges, Universities, Research Excellence and Security
A Message from our
Board Chair, Ann Marie Vaughan & President & CEO, John M. Rafferty
“As Ontario Genomics marks its 25th year, we celebrate our organization’s role in helping fund cutting-edge science projects that are producing homegrown solutions to some of humanity’s biggest problems.”
A Year in Review 2024–2025
It’s been a banner year for Ontario Genomics with incredible progress since our last annual report. We’ve increased our projects to 386 with 595 patents awarded and over 630 partnerships. But that’s not all! Check out some more of our achievements over the past year:
Impact During this Year
(2024-2025)
$
0
M+
Funds Raised
$
0
M+
Follow-On Funding
0
Jobs Created or Maintained
$
0
M+
Active Portfolio
(Including co-funding)
(Including co-funding)
Impact Since 2000
$
0
B
Investments (Federal, Provincial, PPP Funding)
$
0
B
Follow-On Investments (Companies & Research)
0
Projects
0
Patents Awarded
0
+
Partners
Our Initiatives
Working with both levels of government to secure investment for innovative projects, Ontario Genomics now works harder than ever to make sure advancements efficiently go from the lab into the real world for everyone to experience a better quality of life – whether that’s through improvements to food security and quality, more eco-friendly products and industries, or improved health outcomes through new diagnostic and treatment methods.
Awarded Projects
Ontario is fertile ground for innovation with its world-class academic institutions and research hubs. Ontario Genomics is among five other genome centres across the country vying for investment dollars from Genome Canada. We have a great track record on the number of projects awarded in this province and here are a few of the latest doing groundbreaking work.
HUMAN HEALTH
What if we could make personalized medicine available to everyone?
We’re on it with the Canadian Precision Health Initiative (CPHI)
ENVIRONMENT & HUMAN HEALTH
What if we could uncover nature’s secrets?
We’re on it with the eDNA Surveillance Initiative
HUMAN HEALTH
What if we could help more people benefit from technology ?
We’re on it with CBIC and CBH
Governance
Board of Directors (2024-2025)
Ann Marie Vaughan (Chair)
Ed. D.
President and CEO, Humber College Institute of Technology & Advanced Learning
Derek Newton
PhD
Assistant Vice-President, Innovation, Partnerships & Entrepreneurship, University of Toronto
Observers
Rob Annan
President and CEO, Genome Canada
Colleen Hogan
Division Director, Data, Research & Innovation at Government of Ontario
Financials
Ontario Genomics makes public its annual financial statements, which are prepared in accordance with Canadian accounting standards for not-for-profit organizations. The consolidated financial statements present the consolidated financial position of Ontario Genomics as of March 31, 2024, its consolidated results of operations and its consolidated cash flows for the year then ended.
In This Report
- Independent Auditors’ Report
- Consolidated Statement of Financial Position
- Consolidated Statement of Operations
- Consolidated Statement of Changes in Net Assets
- Consolidated Statement of Cash Flows
- Notes to the Consolidated Financial Statements
Download the 2024-2025 Annual Report PDF
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Thank You to Our Funders
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