Ontario Tech University in Oshawa to receive nearly $92 million in provincial funding

Fresh off an announcement of an annual investment of $151.5 million to Durham College, the Ontario government has provided $91.9 million in financing to north Oshawa campus neighbour Ontario Tech University.

The investment is part of the province’s new funding model, which will bring an additional $6.4 billion to universities, colleges and Indigenous Institutes across the province to build long-term sustainability in the sector.

This funds will ensure that Ontario Tech can keep preparing students for in-demand careers that meet labour market demands for the future, said school president Dr. Steven Murphy.

“This investment means we can continue to deliver the high-quality, market aligned, STEM-focused education that the province needs to fill in-demand sectors. Strengthening post-secondary education strengthens the economy, fosters innovation and helps ensure there are highly skilled graduates prepared to bolster Ontario’s economic growth for generations to come.”

Operating funding for post-secondary institutions will increase by 30 per cent to $7 billion this fall, with a focus on delivering programs that align with student demand as well as regional and provincial labour-market demands. The model also includes specialized funding for small, rural, northern and French institutions, so that students in all corners of the province have access to a world class education.

“It is imperative that we continue to train a strong, highly skilled workforce for Ontario for decades to come,” said Nolan Quinn, Minister of Colleges, Universities, Research Excellence and Security, “while continuing to keep education accessible and keep costs down for students and their families.”

Through this new model, the government is investing $1.7 billion to fund 70,000 in-demand seats across the province. This investment will expand enrollment in health care, skilled trades, teaching and STEM programs to build the highly skilled workforce businesses and communities depend on. A call for proposals to access this funding will launch this spring, with seats opening in fall 2026.

“World-class innovation can begin right here in Durham,” enthused Durham MP Todd McCarthy.