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Ontario devotes $228 million to modernize postsecondary facilities

Monday, January 27, 2025

Publicly assisted colleges and universities will be able to upgrade facilities and learning tools with a new $228-million investment from the provincial government.

Colleges and universities can use the funding for major building systems upgrades, heating and ventilating system upgrades, as well as mechanical and electrical system upgrades. The funds can also be used to buy educational tools, such as new computers and software for teaching purposes, specialized equipment, or machinery for use in labs, shops and classrooms.

This investment includes $196 million through the Facilities Renewal Program for the maintenance, repairs and renewal of existing facilities, $21.5 million through the College Equipment and Renewal Fund to help colleges buy and renew instructional equipment and learning resources, and $10.5 million through the Training Equipment and Renewal Fund to help universities upgrade and buy modern equipment and learning tools.

Postsecondary institutions are required to contribute matching funds to help deliver the high-quality education and training to meet the needs of employers.

“Colleges Ontario commends the Ontario government for this investment, which equips colleges with modern tools and facilities to provide students with hands-on, industry-standard training,” said Maureen Adamson interim president and CEO of Colleges Ontario. “This supports our mission to deliver the skills Ontario needs to succeed in a fast-changing global economy.”

 

Photo by Buro Millennial

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