Government of Ontario Ensuring Fiscal Responsibility and Accountability
Statement from the Honorable Merrilee Fullerton, Minister of Training, Colleges and Universities:
"Our government committed to restore accountability and trust in Ontario's finances. This includes making difficult decisions about projects across the province. Through our government's independent commission of inquiry, we now know that Ontario faces a $15 billion deficit, about two and half times the estimate provided by the previous administration. As a result, the Ministry is no longer in the position to fund the following projects given the province's new fiscal restraints.
- Markham Campus - York University in partnership with Seneca College
- Milton Campus - Wilfrid Laurier University in partnership with Conestoga College
- Brampton Campus - Ryerson University in partnership with Sheridan College
The government is committed to taking action to restore trust and accountability in the province's public finances. This measure will help make government more effective and efficient, and will ensure all spending is delivering the best value for the people of Ontario."