Ontario universities, colleges to get ‘financial support’

Colleges and universities in Ontario are set to receive “financial support” from Queen’s Park as the Ford government looks to shore up post-secondary institutions that have raised concerns about their long-term financial survival, write Colin D’Mello and Isaac Callan for Global News.

Global News has learned the province plans to offer its “official response” later this month to the government’s blue ribbon panel on the post-secondary sector, which focused on the financial sustainability of the province’s 47 publicly assisted colleges and universities.

The expert group, formed in March 2023, concluded the Ford government’s 10% tuition fee cut and subsequent freeze in 2019, combined with historic underfunding of post-secondary education, posed a “significant threat” to the viability of the sector. In the wake of the federal government’s two-year cap on international students, the Ford government is also working to create a new mandatory attestation system to verify university and college application approvals.
Full report on the Global News site