Canada falling short with its college funding: ACCC

If Canada’s colleges, institutes, and polytechnics are to keep pacewith its international competitors, the federal government must quicklyramp up its support for these institutions, says Association ofCanadian Community Colleges president James Knight.

If Canada’s colleges, institutes, and polytechnics are to keep pace with its international competitors, the federal government must quickly ramp up its support for these institutions, says Association of Canadian Community Colleges president James Knight.

While the ACCC praises Ottawa for implementing the Knowledge Infrastructure Program, the program falls short of the estimated $7 billion required to modernize and expand Canada’s colleges, institutes, and polytechnics.

In terms of capital investment, ACCC calls for a 5-year program that would make $2.5 billion available to leverage matching provincial, private sector, and institutional investments.

The association also recommends Ottawa increase its current research and development funding by $150 million and create an applied research and development fund.