The Government of Ontario has announced that it is investing $228M to help postsecondary institutions modernize their infrastructure. The majority of the funding ($196M) will be provided through the Facilities Renewal Program to support maintenance and repairs to existing facilities. The rest of the funds will support the purchase of instructional equipment and learning resources: colleges will receive $21.5M from the College Equipment and Renewal Fund, while universities will receive $10.5M through the Training Equipment and Renewal Fund. Colleges Ontario and the Council of Ontario Universities each praised the funding for ensuring that students will be able to develop their skills with modern, cutting-edge equipment and facilities.