Two years in: what does BC’s job-based PSE funding mean for higher ed?

April 26, 2016

It has been two years since British Columbia introduced its new skills for jobs blueprint, writes Justine Hunter for the Globe and Mail, and the plan has brought about a marked increase in funding for programs tied to labour market demand. The author notes that to date, BC has redistributed $130 M in postsecondary funding to programs that will train graduates for in-demand jobs. By 2018, it is expected that 25% of the province’s overall funding will be tied to classes and programs that match labour market demand. Hunter notes that although BC’s projected skills shortage has not yet come to be, the provincial government is confident that its job-based framework can adapt to any labour market shifts. Globe and Mail (Subscription Required)