ON college funding formula doesn’t add up for small, medium schools: Canadore president

February 1, 2017

“We can manage in the short term, but over the long term we are in trouble,” says Canadore College President George Burton of all small-to-medium-sized colleges in Ontario. Burton tells the North Bay Nugget that while ON’s current college funding formula “works for the larger colleges, which have economies of scale” and access to larger population centres, it does not come close to covering the costs of smaller institutions. “We do not have three years or four years to address a funding shortfall,” says Burton. “We have to address it this year. Next year will be a new ballgame.” The Nugget reports that since 2007-08, provincial funding for colleges’ operating costs has decreased each year in real dollars. “We will push our way through,” adds Burton. “We will continue doing what we should be doing to fulfill our mandate. But we can’t do it alone.” North Bay Nugget