McGuinty government praised for investment into colleges

    TORONTO, Jan. 29 /CNW/ - Ontario colleges are applauding the McGuinty
government's announcement today of an additional $65 million for college
education and training.
    "The government clearly recognizes that college graduates play an
essential role in the success of our province," said Barbara Taylor, the
president of Canadore College and chair of the colleges' committee of
presidents. "We are pleased to be partnering with the McGuinty government to
equip students with high-quality education and training."
    The funding will help colleges acquire state-of-the-art equipment and
facilities, to ensure students are effectively prepared for today's high-tech
    Higher education is becoming a necessity for many people in today's
economy. In fact, more than 90 per cent of the net new jobs created from 1997
to 2006 went to people with postsecondary education. For many people, that
means acquiring college credentials.
    College education and training is particularly important at this time, as
the province manages economic challenges.
    Colleges play an important part in retraining workers who have been laid
off. The colleges will also play an important part in helping Ontario address
the approaching skills shortage, as the baby boomers retire. Even with strong
immigration levels, it is estimated Ontario will be short more than 360,000
skilled employees by 2025.
    "The need for college graduates has never been greater," Taylor said. "We
will continue to work with the McGuinty government to help more people fulfill
their potential through a college education."

For further information:

For further information: Darrell Neufeld, Senior Communications Officer,
Colleges Ontario, (416) 596-0744, ext 242

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