“We congratulate the federal government and its provincial/territorial partners for the vision to invest in Canada’s advanced skills infrastructure as a component of stimulus spending” said James Knight, President and CEO of ACCC.
Two hundred and forty-six projects at colleges and institutes with a combined value of $1.8 billion enhanced infrastructure by both focusing on deferred maintenance and investing in new facilities. A recent survey documents a reduction in the backlog of college infrastructure needs from $7 billion to $5 billion over the 30 months of the program.
“The rapidly expanding student population of colleges and institutes required a capital infusion to upgrade and expand facilities and to acquire leading-edge technologies. The Knowledge Infrastructure Program made a significant dent in institutional needs.”
Between November 8 and 10, colleges and institutes celebrate “KIP Days”, a culmination of public events, tours and official openings of KIP-funded facilities. Institutions, businesses and communities are expressing their appreciation to the federal and provincial/territorial governments for these strategic investments in advanced skill infrastructure.
With campuses in over 1,000 communities, colleges and institutes are rooted in their local economies, responding quickly to human resources needs of employers. This strategic investment in college capacity has supported the economic recovery in the short term by creating employment and in the long term by building a more abundant and highly skilled talent pool.
Visit http://www.accc.ca/kipdays to see the showcase of college and institute KIP initiatives.
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