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Ontario to tie funding of universities and colleges to labour-market needs

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Opposition says the model will damage the reputation of Ontario postsecondary schools and will hurt students

A pedestrian walks to St. George St. through a walkway at the University o Toronto's Sir Daniel Wilson Residence on May 20, 2020.The Ontario government is moving ahead with performance-based funding for postsecondary institutions but will delay its implementation for another two years as schools deal with the impacts of the pandemic.

“Our government believes in making institutions accountable for student success,” Ross Romano, Minister of Colleges and Universities, said in a statement. Alberta had also announced plans to introduce a performance-based funding model in 2020 but announced earlier this year that those plans have been paused.

Separately, the government also announced that institutions will be required by 2022 to post aggregated data about faculty compensation and faculty work activity on their websites. The details of those requirements will be discussed with institutions over the coming year.

 

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