Durham College commends provincial budget's commitment to capital improvement and facilities renewal Posted on March 23, 2007 at 3:17 pm. March 23, 2007 OSHAWA, Ont. – Durham College President Leah Myers announced today that she is pleased with the 2007 provincial budget’s commitment to capital improvement and repairs for Ontario colleges. Yesterday’s budget announced that the province will be providing an additional $390 million in support of quality improvements in higher education for 2007/2008 including an investment of $105 million for college facilities renewal such as building maintenance costs and $35 million for college capital projects. “Durham College has a pressing need for capital and facilities renewal funding and the provincial budget’s $140 million allocation will allow us to improve our facilities and invest in up-to-date equipment, ensuring our graduates learn the market-ready skills needed to become a significant part of Ontario’s workforce,” said Myers. “Providing quality post-secondary education, training and re-training is essential to Ontario’s prosperity and I am pleased to see the provincial government recognize the value of Ontario’s colleges in such a significant way.” Other highlights of the budget include: Recognition of the important role colleges play in research and development; and New funding for nurses and hospitals (Ontario’s colleges provide training for 70 per cent of the healthcare workforce). In addition to the Ontario government’s commitment to post-secondary education, colleges across Ontario will also be working with the province to determine how the additional $800 million in Canada Social Transfer (CST) funding starting in 2008/2009 that was announced in Monday’s federal budget will be allocated. “We welcome both the provincial and federal government’s increased support of colleges and look forward to working with the province to determine how the increased federal funding promised in Monday’s federal budget will be invested wisely in post-secondary education,” added Myers. -30- About Durham College For close to 40 years, Durham College has provided high-demand programs, professors with real-world experience, the latest technology, and an unwavering commitment to student success. Number one in the Greater Toronto Area based on a combined ranking in the areas of student, graduate, and employer satisfaction; graduate employment; and graduation rate for seven years running according to the provincial government’s indicator surveys, the college also has the highest graduate employment rate – 93.1 per cent – of all six GTA colleges. The college has close to 6,000 full-time students and close to 80 different post-secondary programs, as well as 23,000 part-time registrations and over 1,500 registered apprentices. For more information, visit the website at www.durhamcollege.ca or call 905.721.2000. Media contact: Allison Rosnak Communications and Marketing905.721.3111 ext. 2513allison.rosnak@durhamcollege.ca Disclaimer: The contact information provided in archived news releases was current at the release date. For current information please contact Communications, Marketing and External Relations. SHARE:
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