Ontario universities face $1.6 billion in deferred maintenance

December 12, 2007

Ontario's university buildings require $1.6 billion in repairs, according to a report by the provincial Auditor-General.  Ontario's 18 public universities own a total of 918 buildings, not including residences.  The average age of these buildings is more than 30 years, and the cost to replace them is estimated at $14.4 billion.  The Auditor-General reported that the universities do not have the funds to cover their maintenance costs but also are not making the most of the resources that they do have.