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Loretta Rogers stands with Martha Rogers (centre left), Dr Bernard Gosevitz (centre right) and Edward Rogers as they receive an ovation during the announcement of a $130-million donation by the Rogers family to establish the Ted Rogers Centre for Heart Research in Toronto on Thursday November 20 2014.Chris Young

The family of the late cable magnate Ted Rogers has announced the‎ largest donation ever to a Canadian health-care institution or university, a $130-million gift to establish a new heart research centre in Toronto.

The gift will be split three ways between the Hospital for Sick Children, the University Health Network and the University of Toronto. Each intend to contribute an additional one-third of the Rogers' gift, taking the total to more than $260-million.

"‎Heart failure took Ted from us when he was 75 years old," said Loretta Rogers as she unveiled the gift in honour of her late husband. "One million Canadians are living with heart failure today. Every year, another 50,000 will get it. In the future we want fewer Canadians to experience heart failure and to have those who do live longer."

The Rogers family spent three years working with the three institutions to create the new Ted Rogers Centre for Heart Research, which 33 clinicians and scientists have already been assigned to. The goal of the centre will be to improve heart research, care and education across the three institutions.

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