Ottawa, April 21, 2015 – Colleges and Institutes Canada (CICan) is pleased to see new measures to support technical and professional education in the federal budget released earlier today in Ottawa. These measures will allow colleges and institutes across Canada to develop even more research and training projects to provide Canada with the qualified workforce it needs.
Investments in the following areas are welcomed by CICan:
- Additional $1.33 billion over six years, starting in 2017–18, to the Canada Foundation for Innovation to support advanced research infrastructure at universities, colleges and research hospitals will support our institutions to modernize and grow their research infrastructure.
- $15 million per year to the Natural Sciences and Engineering Research Council.
- $10 million per year is directed to collaborations between companies and researchers from universities and colleges under the new consolidated suite of similar business innovation programs
- $5 million annually for the College and Community Innovation Program starting in 2016–17, increasing its budget to $55 million per year. We are pleased to see that one third of the monies dedicated to promoting research are for the CCI program.
- Creation of a grant dedicated to expanding college and university research and development to advance forest sector innovation will benefit the 40 colleges that support this industry.
- A one-time investment of $65 million to business and industry associations will allow them to work with willing post-secondary institutions to better align curricula with the needs of employers. CICan hopes that this new funding will deepen existing collaboration between industry and colleges.
- $248.5 million over five years for Aboriginal labour market programming.
- $35 million over five years to make permanent the Foreign Credential Recognition Loans pilot project which provides loans to immigrants, enabling them to finance their education and training to achieve Canadian standards.
- $1 million over five years, starting in 2015–16, to promote the adoption of the Blue Seal Certification program across Canada.
- $116 million over four years, starting in 2016–17, to eliminate in-study student income from the Canada Student Loans Program needs assessment process.
Labour Market Information and mobility:
- Reallocate $4 million over two years, starting in 2015–16, to support the launch of a new one-stop national labour market information portal.
- Reallocate $7 million over two years, starting in 2015–16, for targeted programming to support the relocation of youth and immigrants to areas where job opportunities exist.
“Colleges and institutes play an essential role in the support and development of innovation in Canada. We are very encouraged to see that the federal government recognizes this contribution in today’s budget and offers concrete investments to support skills training and education in Canada”.
Denise Amyot, President and CEO, Colleges and Institutes Canada
Colleges and Institutes Canada is the national and international voice of Canada’s publicly supported colleges, institutes and polytechnics. We work with industry and social sectors to train 1.5 million learners of all ages and backgrounds at campuses serving over 3,000 urban, rural and remote communities in Canada. The Association operates in 29 countries via 12 offices around the world.
For more information :
Senior Strategic Communications Officer Colleges and Institutes Canada
613-746-2222 ext 3131
Twitter : @CollegeCan