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The London Chamber of Commerce has joined business leaders across the province in calling for urgent strategic investment in Ontario’s post-secondary education system. As a co-signatory on a letter addressed to key provincial ministers, the Chamber is advocating for measures that will strengthen Ontario’s talent pipeline and ensure its continued competitiveness in the global economy.
The Challenge
Ontario’s colleges and universities are facing a financial crisis stemming from years of underfunding, rising operational costs, and recent federal restrictions on international student permits. The 2019 tuition cut and freeze, combined with inflation, have only deepened these challenges. Without immediate and effective action, institutions will be forced to make difficult decisions that could reduce program quality, limit accessibility, and weaken Ontario’s ability to attract and retain top talent.
The Opportunity
Ontario has long been a leader in talent development, producing a skilled workforce that drives major industries such as advanced manufacturing, artificial intelligence, and life sciences. With targeted investment, the province can maintain its competitive edge by supporting talent development, upskilling, and reskilling to keep pace with a rapidly evolving economy.
The economic pressures from the U.S. further highlight the need for Ontario to become more competitive and self-reliant. Post-secondary institutions are already integrating advanced technology and AI-driven efficiencies to improve learning and streamline operations. Now, government support is needed to expand these efforts and ensure Ontario’s workforce remains resilient in the face of disruption.
The Solution
The London Chamber of Commerce and its partners urge the Government of Ontario to prioritize strategic investment in post-secondary education as part of its broader economic development strategy. The letter outlines four key recommendations to strengthen Ontario’s global competitiveness:
- Increase base operating funding to maintain program quality, expand capacity, and invest in emerging technologies like AI.
- Fully fund enrolment expansion to accommodate growing demand and create more opportunities for Ontario students.
- Enhance research funding to bolster innovation and attract top-tier global talent.
- Strengthen industry-academia-government partnerships to address skills gaps and drive sector-specific growth.
A Call for Leadership
Now is the time for bold leadership. After years of financial strain in the sector, the Ontario government has a historic opportunity to invest in post-secondary education and secure the province’s long-term economic prosperity. By leveraging technology, fostering innovation, and ensuring institutions are well-funded, Ontario can build a more resilient and competitive future.
The London Chamber of Commerce remains committed to advocating for policies that support Ontario’s workforce, businesses, and economic growth. We look forward to continued collaboration with government and industry leaders to drive meaningful change.
Read full letter here.