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  • News
  • December 17, 2013

Promoting Innovation at Seneca College

Province Supporting High Quality Postsecondary Education for Local Students

Markham-Unionville MPP Michael Chan is pleased to announce that Ontario is providing $490,743 through the Productivity and Innovation Fund to help Seneca College become more innovative while improving learning experiences for students.

The funding will be used to examine business programs to assess their efficiency and effectiveness in addressing student and employer needs, their financial sustainability and their fit with the college’s strategic direction.

“The Seneca College Markham Campus is an integral part of our community and makes a tremendous contribution to post-secondary academic excellence.  This investment by our government will support new and innovative practices at the College to enhance student learning and reduce costs for the institution.”

— Michael Chan, M.P.P., Markham-Unionville

“Quality education requires investment, and we are pleased that the Ontario government will be supporting the Seneca Business School as it continues to innovate, bringing leading world-class learning opportunities to our students.”

— David Agnew, President, Seneca College

Providing students with affordable, world-class postsecondary education that equips them with the skills they need to succeed is part of Ontario’s economic plan to invest in people, build modern infrastructure and support a dynamic and innovative business climate.

“We are working with our colleges and universities to make sure our postsecondary education system is sustainable and supports greater quality, international competitiveness and accountability. Through these investments, we will continue to build on the gains made in postsecondary education over the past 10 years.”

— Brad Duguid, Minister of Training, Colleges and Universities

QUICK FACTS

  • As part of the Productivity and Innovation Fund, Ontario is investing more than $47 million to support 120 projects at colleges and universities across the province.
  • A total of 39 projects are being funded through the $10 million College Financial Health and Sustainability Grant. The grant is available to 11 colleges to help them develop strategies that address key challenges, such as reducing energy and maintenance costs and improving data management and IT systems, so they can focus their resources on core priorities.
  • Ontario has created an additional 161,000 postsecondary student spaces since 2002-03.
  • Ontario has increased investment in publicly funded colleges and universities by $2.2 billion, or 80 per cent, since 2002-03.
  • Ontario has the highest postsecondary attainment rate in the OECD, with more than 65 per cent of adults in Ontario holding a postsecondary credential.

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