Ontario Announces $1.3 Billion in Postsecondary Funding, Freezes Tuition Until 2027

Ontario has earmarked nearly $1.3 billion in funding for postsecondary institutions struggling with frozen tuition fees in the face of an upcoming federal cap on international students. The funding, which will be handed out over a three-year period, is less than half of the recommendation Minister of Colleges and Universities Jill Dunlop received from an expert panel she tapped to examine postsecondary finances. The lion’s share of the money—$903 million—will go toward a new Postsecondary Education Sustainability Fund, and includes $203 million for schools with “greater” financial needs, Ms. Dunlop announced during a press conference at Queen’s Park on Feb. 26....