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Addressing Our Financial Reality
On February 12, the Government of Ontario announced new investments in public colleges, polytechnics, universities and Indigenous institutes, including lifting the tuition freeze and introducing a new funding model.
Algonquin College welcomes this investment which provides needed stability and reinforces the essential role colleges play in powering Ontario’s workforce and economy.
The College has since received additional information from the Ministry of Colleges, Universities, Research Excellence and Security and has begun incorporating it into its operational outlook. What remains clear is that financial mitigation efforts must continue to ensure the College’s long-term sustainability.
We understand that these developments raise important questions. Below, you will find answers to some of the most common inquiries, and the latest updates, to help provide clarity during this time.