In a recent Globe and Mail opinion piece, FCI member Dr. Jeff Casello, professor of planning and engineering at the University of Waterloo, offers a clear-eyed assessment of the growing fiscal crisis facing Ontario’s postsecondary institutions. With deficits running between 10–20% and core revenues falling 25% over the last decade, Casello warns: “There is a real chance of a university, or universities, in the province failing.”
This isn’t just a budget issue, it’s a challenge to the very foundation of public education and innovation in Ontario. Universities are key to building the housing, infrastructure, and data systems our future depends on. At FCI, we support Jeff’s call for bold, system-wide reforms that safeguard both access to education and the province’s long-term prosperity.
Read more: https://www.theglobeandmail.com/opinion/article-fiscal-crisis-university-education-ontario/