The Federal Government’s guidelines for submissions to its Budget 2019 consultation process focused on ways to support Canadians and businesses in growing Canada’s economy.
Post-secondary education is a natural fit in a conversation about investing in the future of Canada’s economy. The current era of rapidly shifting labour market demands, global competition for high- quality education and top academic achievers, and new technologies in infrastructure/building sectors makes a well-educated population key to Canada’s success.
In the 1990s the federal government changed the way it provided post-secondary education funding to provinces by lumping it in with the Canada Social Transfer. This change removed much of the federal government’s role in funding post-secondary education, at least in perception, as there are no requirements in this funding envelope for monies to be spent the way the federal government intends. However, there are many facets of post-secondary education that the federal government can improve in order to support Canadians and businesses in growing our economy.
Read the full report here: Investing in Education: Ensuring Canada’s Competitiveness
This report was a submission to Government of Canada’s 2019 pre-budget consultation by the BCFS.