Spending on college and university building projects to be cut in half
The Alberta government, experiencing the province’s first recessionary period since 1986, released its proposed 2009-10 budget yesterday. The significant developments in post-secondary education spending include the following:
The Calgary Herald points out the following with regard to the downward direction of post-secondary infrastructure funding:
The province’s halt in the pace of post-secondary infrastructure stands in sharp contrast to the federal government’s recession-time stimulus injection of $2.75 billion for building upgrades and research innovation. Ontario, meanwhile, pledged $4 billion over two years for college and university projects.