The Government of Ontario has officially released the 2026 Ontario Budget: A Plan to Protect Ontario, which is focused on jobs and investment, affordability, and lowering costs for workers and businesses. The budget formally introduces ON’s new long-term funding model for postsecondary education—an additional $6.4B over four years, a 30% increase to annual operating funding, and changes to OSAP and the tuition framework—as well as a $6M investment into the Queen Elizabeth Scholars program. ON also notes that it will invest $5.5B over the next ten years into postsecondary infrastructure, which includes capital grants for critical repairs, improving energy efficiency, and modernizing facilities. Expenses for PSE are projected to decrease from 2024-25 to 2028-29, a change that ON says reflects lower college sector spending.