Trent University Praises Provincial Government for New Investments in Universities
FOR IMMEDIATE RELEASE
Postsecondary sector to receive most significant investment in 20 years
May 12, 2005 - Peterborough
Trent University President and Vice-Chancellor Bonnie Patterson commended the provincial government for yesterday's budget that will see $6.2 billion invested in Ontario's postsecondary education sector by 2010.
"Premier McGuinty, Minister Sorbara and Minister Chambers are to be applauded for their commitment to follow through on the Rae Report and for delivering significant new investments that ensure students get access to quality and excellence in Ontario's universities," said President Patterson. "With this budget, the government will enrich the quality experience for students and is taking a major step to enhance Ontario universities' competitiveness in Canada."
President Patterson stressed that the university sector owes a large debt of gratitude to the Honourable Mr. Bob Rae for his comprehensive 2005 report that guided the development of the budget.
The president added that local MPP Jeff Leal, Parliamentary Assistant to the Minister of Training, Colleges and Universities, played an important role in securing new investments for the postsecondary sector. "We are fortunate in Peterborough to have Jeff Leal working so hard on behalf of the postsecondary sector," said President Patterson. "As an alumnus, he knows first hand what chronic underfunding has meant to students at Trent. Jeff has been a consistently strong advocate for Ontario's universities and I want to thank him publicly for his unwavering support of Trent University."
Some of the budget highlights include:
In the government's supporting budget documentation, "Achieving Our Potential: Progress Towards a New Generation of Economic Growth," the province affirmed its commitment to the Peterborough region DNA Cluster. The DNA cluster is recognized in the budget as one of 11 "regional innovation networks" in the province that are multi-stakeholder, regional development organizations established with provincial funding to support partnerships among business, institutions and local governments to promote innovation.
- 30 -
For more information contact:
Don Cumming, Senior Director, Public Affairs, (705) 748-1011, ext. 1224