Local colleges crunch numbers after 2019 Ontario budget announced

Local colleges crunch numbers after 2019 Ontario budget announced

Local colleges are crunching the numbers trying to figure out the changes to the post-secondary funding formula after the Ford Government tabled its 2019 budget on Thursday.

“I think it’s just good business and we’re up for the challenge,” said MaryLynn West-Moynes, the President of Georgian College.

The president is embracing the changes linked to student performances that will tie 60 per cent of a school’s funding by 2024-2025 which has yet to be finalized metrics that will include student skills and job outcomes. The budget also contains a previously announced 10 per cent tuition cut that takes effect this fall.

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