Post-secondary institutions still unprotected, largely excluded from Budget 2023
Ottawa, March 29, 2023 (GLOBE NEWSWIRE) -- The federal budget failed to make needed investments in post-secondary education or protect colleges and universities from corporate insolvency, says the Canadian Association of University Teachers (CAUT).
- Ottawa, March 29, 2023 (GLOBE NEWSWIRE) -- The federal budget failed to make needed investments in post-secondary education or protect colleges and universities from corporate insolvency, says the Canadian Association of University Teachers (CAUT).
- In its pre-budget submission , CAUT recommended the government invest in research and graduate student scholarships, increase transfers to the provinces to support affordable post-secondary education, and that public universities and colleges be excluded from the Companies’ Creditors Arrangement Act (CCAA).
- Moreover, this budget provided no new operating funding nor investments in basic research.
- “Education and research are key to helping Canadians meet present and future challenges, whether the climate emergency or public health crisis,” said McInnis.