OCUFA budget brief calls for more than $1.5 billion in new investment for universities

March 26, 2012

In advance of Ontario's 2012 budget, which will be tabled today, the Ontario Confederation of University Faculty Associations has released its plan for accessible, affordable, and high quality university education. In its brief, OCUFA argues that the provincial government must reject the "austerity agenda" that followed the release of the Drummond report and commit to creating a successful economy and vibrant society. The brief recommends a $1.3-billion increase in operating grants by 2020 to bring per-student net operating revenue in line with the rest of the country. The funding boost would go toward funding a tuition freeze and hiring 6,000 new full-time professors, resulting in improved affordability and quality. Also advocating for a restoration of research funding and new investments to renew aging campus infrastructure, the brief calls for an overall new investment of $1.54 billion in Ontario universities. OCUFA News | Budget Brief