Ontario investing over $345M at McMaster University, Mohawk College

The Ontario government has announced they are investing over $345 million at McMaster University and Mohawk College.

According to a news release sent to media Friday, the investment is part of Ontario’s new funding model to bring an additional $6.4 billion to universities, colleges and Indigenous institutes across the province.

The goal of the funding is to bring long-term sustainability to the education sector.

“McMaster and Mohawk are world-class institutions that have long been an integral part of Hamilton’s economy and workforce,” said Neil Lumsden, MPP for Hamilton East – Stoney Creek. “This historic investment ensures they can keep delivering the programs that get students into good, in-demand careers right here at home – this is great news for students, local employers and the future of our city.”

A 30 per cent increase in operating funding is set to hit the sector in fall 2026 – bringing the total amount to $7 billion. The focus of this capital is to deliver programs that align with student and labour-market demand.

Also included will be specialized funding for small, rural, northern and French institutions.

Ontario is investing $1.7 billion to fund 70,000 in-demand seats across the province – which will expand enrollment in health care, skilled trades, teaching and STEM programs.

The province says the new funding model will increase base per student funding at post-secondary institutions by six per cent for full-time students and 30 per cent for college part-time students.

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