The province will invest $242 million into upgrading learning tools and facilities.
Ontario’s post-secondary institutions are set to receive increased funding from the provincial government.
Minister of Colleges, Universities, Research Excellence and Security Nolan Quinn visited Queen’s University in Kingston on Tuesday to share that the Ford government is putting $242 million towards improving learning tools and facilities.
Quinn mentions that this funding is aimed at enhancing the pool of skilled workers in health care, trades, education, and other vital sectors.
Here’s how the $242 million will be allocated:
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- $209.3 million through the Facilities Renewal Program for publicly funded colleges and universities to complete maintenance, repairs and upgrades to existing facilities
- $21.6 million through the College Equipment and Renewal Fund for colleges to buy and renew instructional equipment and learning resources
- $10.8 million through the Training Equipment and Renewal Fund for universities to renew and buy modern, state-of-the-art equipment and learning resources
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