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Budget 2015: Investments in Colleges & Institutes Key to Growth and Innovation

Ottawa, September 15, 2014 –As the government works toward Budget 2015, Colleges and Institutes Canada (CICan) is asking for greater funding for applied research and entrepreneurship at the college and institute level, increased incentives for maximizing the skills of all Canadians and establishment of a college-specific program for equipment and infrastructure development.

College applied research benefits small and medium-sized enterprises (SMEs), industry and communities while supporting entrepreneurship, but requires increased investment as well as modern equipment and infrastructure to innovate. This could be achieved by increasing the budget of the Tri-Council College and Community Innovation program and by creating dedicated envelopes for internships and international research opportunities for students in college diploma, degree and post-graduate programs.

CICan is also calling for specific measures to maximize skills training and labour market participation for all Canadians, especially youth, Aboriginal peoples, newcomers and other vulnerable populations. Employer incentives to support co-ops and apprenticeship completion, as well as investments in pan-Canadian and international learning opportunities for college and institute students are critical.

Colleges and Institutes play an important role in sustaining Canada’s economic growth and prosperity through skills development, innovation and greater access to post-secondary education that leads to employment.

“Thanks to cutting edge research and training, colleges are key to driving Canada’s economy forward. Investment in college innovation is critical so that students and employers have the tools needed to make Canada work,” said CICan President and CEO, Denise Amyot. “Launching a national campaign on the value and variety of trades professions as career choices would also support the employment needs of Canada’s economy and communities.”

CICan’s recommendations will ensure that college and institute education continues to provide Canadians with the tools needed to succeed in the career of their choice, while contributing to their community and the country. At the end of the day, colleges make Canada work.

Colleges and Institutes Canada (CICan) is the national and international voice of Canada’s publicly supported colleges, institutes and polytechnics. The Association works 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 13 offices around the world.

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Resources:

The Full Submission to the House of Commons Standing Committee on Finance

The Summary of Recommendations

 

For more information contact:
Shawn Dearn
Director of Communications, Colleges and Institutes Canada
613-746-2222 Ext. 3123
Twitter:  @CollegeCan