Ontario will invest $750 million to grow Science, Technology, Engineering and Math (STEM) programs at public colleges and universities, creating up to 20,500 new student seats annually. The funding is part of a $1.3 billion stabilization package, the largest in provincial history. It includes waived penalties and multi-year Strategic Mandate Agreements.
STEM demand surged 34% from 2020 to 2024. The move supports economic resilience amid global uncertainty, especially from U.S. trade risks. Minister Nolan Quinn said the initiative will protect Ontario’s skilled workforce and connect students to high-paying jobs.
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