Sault Ste Marie MPP Ross Romano has announced $466 million in capital grants over the next three years for Ontario’c colleges and universities.
Romano, who is also the Minister of Colleges and Universities, made the announcement in Sault Ste Marie today.
“The first-class education students receive at our postsecondary institutions is critical to the future of Ontario, our economy, and the prosperity of our people,” said Romano. “That is why our government is committed to providing annual funding that will help our colleges and universities renew and modernize their facilities.”
The money is designed to allow institutions to address deferred maintenance backlogs, modernize classrooms, upgrade technology and improve environmental sustainability.
The funds will also be used to purchase equipment to support virtual learning during COVID-19, which amounts to a total investment of $164 million.
“Well-maintained facilities and the latest in learning tools and equipment are critical parts of a postsecondary education,” said Romano. “The need to invest in the maintenance of existing infrastructure is now balanced with the need to invest in new infrastructure which will be a tremendous boost for local communities looking for much needed economic stimulus on the road to recovery.”