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Colleges and Universities

The Ministry of Colleges and Universities supports Ontario's post-secondary education system, ensuring accessible, high-quality higher education and research opportunities for students and institutions.

Department Spending

In Financial Year 2023-24,

$13.2B

was spent by Colleges and Universities

In Financial Year 2023-24,

6.4%

of Ontario provincial spending was by Colleges and Universities

The Ontario Ministry of Colleges and Universities spent $13.2B in fiscal year (FY) 2023-24, representing 6.4% of the $206.6B in total provincial spending. This investment supports universities, colleges, student financial aid, and research initiatives.

This ministry is essential for Ontario's economic competitiveness and innovation, supporting post-secondary institutions that educate the workforce, conduct research, and drive technological advancement across the province.

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The Ministry of Colleges and Universities operates programs including university and college operating grants, student financial assistance, research funding, capital infrastructure support, and Indigenous education initiatives.