Red Deer Polytechnic has received an anonymous $10M donation, which it will use to create an Institute for Financial Literacy, provide capital funding, and create a new Student Access Bursary at the polytechnic. The Institute for Financial Literacy will offer learners hands-on financial education across a variety of personal finance topics, including budgeting, debt management, and investing. The $1.1M portion set aside for capital funding will support the polytechnic’s proposed Healthtech Centre for Applied Learning and Innovation and an expansion of its Centre for Innovation in Manufacturing. RDP President Stuart Cullum thanked the anonymous donor for the gift, adding that financial literacy is “foundational to individual success and economic resilience.”