Officials at Lambton College say they are pleased that the Federal Government’s budget reflects the role post-secondary institutions play in revitalizing Canada’s economy.
“We’re pleased that the Federal Government has recognized the need to provide post-secondary institutions with modern learning facilities, which includes investing in both physical and virtual infrastructure,” said Judith Morris, President & CEO, Lambton College. “Lambton has need for both small-scale enhancements and large-scale building projects. These infrastructure updates are critical to the education and training of students who will become “job-ready” graduates.”
A call for additional infrastructure funding is reflected in new Post-Secondary Institutions Strategic Investment Funds, which commits $2 billion over the next three years. Coupled with the $9 billion Building Canada Fund, the money is said to help drive a much needed renewal in college and institute infrastructure, 60% of which currently exceeds its 40-year life cycle.
Lambton College also lauded increased levels of support for research granting agencies, noting commitments of $5 million for the College and Community Innovation Program and $7 million for SSHRC partnership grants in 2016-17.
“This is a tremendous commitment that recognizes the value of applied research partnerships between colleges and local businesses,” said Morris. “College-based applied research significantly enriches experiential learning while strengthening our local economy and creating new job opportunities. This investment means more businesses will have opportunity to develop new processes and products, ultimately becoming more competitive.”
New investments in Indigenous Education, Adult basic education in the North, Youth employment measures, Co-op placements, and PSE grants for students were also highlighted by the College.