2016 federal budget increases student grant funding 50%, invests $95 M in public research

March 23, 2016

Canada has released its 2016 federal budget, which contains a number of new investments in higher education. Among these are a 50% increase in funding for Canada Student Grants, $95 M for public research, and $2 B over three years for a Post-Secondary Strategic Investment Fund to support research and infrastructure. The budget will also commit $165 M to the government's Youth Employment Strategy. A release from the Canadian Federation of Students applauds these investments, yet admits that the organization is “disheartened that there is no commitment of additional funding to Indigenous Students through the Post-Secondary Student Support Program.” Toronto Star |CFS