Ontario’s postsecondary budget stirs criticism from provincial lobby groups
Ontario released its yearly budget report on Tuesday, touting postsecondary funding and STEM projects. But advocacy groups say the funding won’t be enough for the province’s struggling universities.
The provincial government is reducing overall spending on postsecondary institutions by $425 million—from $12.6 to $12.2 billion in the 2024-25 fiscal year. The reduction is due to the federal government’s cap on international student study permits, according to Ontario’s Chamber of Commerce (OCC).
The provincial government is reducing overall spending on postsecondary institutions by $425 million—from $12.6 to $12.2 billion in the 2024-25 fiscal year. The reduction is due to the federal government’s cap on international student study permits, according to Ontario’s Chamber of Commerce (OCC).