Ontario Ensures All Colleges and Universities Benefit From Infrastructure Investments
McGuinty Government Helping To Improve, Modernize Campus Facilities
Ontario is establishing a special $55-million Strategic Capital Infrastructure Program to ensure all colleges and universities receive funding through the McGuinty government's two-year investment in post-secondary infrastructure.
The province is also providing all colleges and universities with an additional $40 million to renew and upgrade facilities for students.
This funding is part of almost $800 million in capital funding the McGuinty government is allocating to colleges and universities this year - a boost to the $780 million the province originally committed in its 2009 budget. It also includes:
- A special $20 million investment to Mohawk College in Hamilton to expand its Fennell Campus
- $25 million for the Centre for International Governance Innovation in Waterloo
Ontario and Canada announced this week joint funding of approximately $1.5 billion for 49 projects through the federal Knowledge Infrastructure Program (KIP) and the 2009 Ontario budget.
Investing in the knowledge and skills of Ontarians is a cornerstone of the Ontario government's plan to strengthen the economy. Infrastructure investments at colleges and universities will create jobs and help stimulate the Ontario economy.
- There are 56 university and college campuses across Ontario.
- Canada and Ontario are jointly supporting 49 infrastructure projects at university and college campuses across the province announced this week.
- Ontario's Strategic Capital Infrastructure Program will support projects at an additional seven colleges and universities.
“We're boosting our support for postsecondary infrastructure to ensure that all colleges and universities in Ontario have the support they need to build and modernize facilities. This investment will help strengthen our economy by creating construction jobs in the short-term and by ensuring students can get a high-quality education in world-class, state-of-the-art facilities that will help them succeed in the future.”