Sheridan College praises Ontario Budget

Sheridan College is pleased with the provincial budget’s funding for literacy, instructional equipment and 60,000 new postsecondary places.

For Immediate Release: March 30, 2011
Oakville, Ontario

Sheridan College is pleased with the provincial budget’s funding for literacy, instructional equipment and 60,000 new postsecondary places.  “The government is equipping Ontario colleges to train the graduates we need to grow the province’s economy,” said Jeff Zabudsky, Sheridan’s President and CEO. “It is vital that we support students in achieving basic skills and literacy, and provide them with the equipment they need, to develop the cutting edge job skills required by employers.”

Funding commitments to postsecondary institutions and students include:

• $44 million over three years for literacy and basic skills.
• $20 million in instructional equipment for 2011-2012.
• $64 million in 2011-2012, rising to $309 million in 2013-14 for operating grants for an additional 60,000 postsecondary places by 2015-16.

“The government is acting now to ensure our future is not one of jobs without people and people without jobs,” said Zabudsky. “This budget will increase the number of Ontarians with postsecondary credentials, in order to have the skilled population Ontario needs to create greater prosperity.”

The budget also includes a commitment to create new multi-year accountability agreements, which ensure that postsecondary institutions operate efficiently and transparently.