Canada releases Budget 2022, postsecondary sector not a primary focus

April 11, 2022
The new federal budget–Budget 2022–has been formally released. While there are few postsecondary-specific funding announcements, several investments have been made in postsecondary-adjacent sectors such as health care, immigration, workforce development, and the fight against climate change. CICan praised the budget for improving student, worker, and visitor pathways into Canada, as well as providing new supports for innovation given that “businesses often turn to their local college or institute to access research expertise.” Bay Today highlighted the $115M investment over five years and $30M ongoing to expand the Foreign Credential Recognition Program and help more internationally trained health care professionals enter the Canadian workforce. RBC Economics analysts noted the investment in innovation, including $750M in fresh batch funding for superclusters, but criticized the lack of dedicated skills development funding as “an oversight in light of major ongoing skills shifts.” CAUT gave the federal budget “failing marks” for not ensuring equitable, affordable access to postsecondary education or quality jobs in the sector. Budget | CICan | RBC | CAUT | Bay Today (National)