ON releases 2024 Budget with investments in PSE, new medical school for York

The Government of Ontario has released its 2024 Budget, which includes the previously announced $1.3B in funding to stabilize ON colleges and universities. Other postsecondary-related announcements in the budget included an additional $100M into the Skills Development Fund Training Stream for 2024-25; $15M over three years to implement an Efficiency and Accountability Fund; $10M to support small, rural, and northern training institutions; and $9M for the establishment of a medical school at York University focused on training family doctors, which ON says is the first of its kind.

ON | ON (Budget) | YorkU | York Region