Province provides $50M in funding for Ontario colleges

Deb Matthews with Anne Sado and students_300x200

George Brown College will receive funding from the province as part of a larger investment to celebrate the 50th anniversary of the Ontario college system - money earmarked for improvements and upgrades that will directly impact students.

Deb Matthews, Minister of Advanced Education and Skills Development, said the provincial government will provide a one-time injection $50 million to be shared among Ontario's 24 colleges. She made the announcement at George Brown's Centre for Hospitality and Culinary Arts on April 3 as a kickoff to Colleges Week, proclaimed by the government to celebrate the 50th anniversary Open New Browser Window.

"This $50-million investment will provide our students with access to leading-edge equipment and labs that will ensure they have the right skills for a knowledge and technology-driven economy," Matthews said.

George Brown College President Anne Sado says the province is experiencing a "major change in the nature of work" and the investment will help colleges continue to adapt to be a "source of top talent for the province's employers."

"On behalf of all students and the community at large, I want to thank Minister Matthews and those people in the government that thought this was important," said Gemeda Beker, Director of Operations for the Student Association of George Brown College Open New Browser Window. "Continuing to improve the health, wealth and wellness of our community is an important matter."

Bill Davis, former education minister and former Ontario premier, launched the college system in 1967. Since then, two million people have graduated from Ontario's colleges.