Getting back-to-basics supported by the largest education investment in Ontario history
With a focus on going back-to-basics and preparing students for the jobs of tomorrow, the Ontario government is increasing Core Education Funding for the coming school year by $745 million compared to 2023-24. Together with other investments, this represents $29 billion in total education funding and the largest investment in Ontario’s education system.
Ontario’s plan will support getting back-to-basics, provide mental health supports and build more schools, faster. For the 2024-25 school year, the Ontario government’s investments include:
In addition to Core Education Funding projected to be more than $28.6 billion in the next school year, Ontario is also projected to invest $403 million in 2024-25 for Responsive Education Programs and Funding to External Partners. This investment supports high impact initiatives through the province’s collaboration with education partners. This includes more than 150 projects focused on a wide range of themes, including student readiness, STEM, Indigenous education, mental health, literacy, French-language education, supporting vulnerable students and operations.
The province recently undertook a comprehensive review of education funding and recommended changes. The new Core Education Funding model now clearly identifies key funding pillars which support students – from classroom staffing to school board administration. These changes make it easier for parents and guardians to understand how funding is allocated and strengthens school board accountability on how these funds are spent.
“As we go back to basics in Ontario schools, we are stepping up with additional investment to boost reading, writing, math, and other STEM disciplines,” said Stephen Lecce, Minister of Education. “We are also delivering a more transparent funding model while continuing to increase investment in publicly funded schools to the highest levels ever recorded, so that all students can graduate into good-paying careers. With historic investments to strengthen literacy and math skills, we are ensuring Ontario classrooms focus on improving the academic achievement of every Ontario student.”
In addition to the new funding model, Ontario is investing $1.3 billion through the 2023-24 Capital Priorities Program creating more than 27,000 new student spaces and more than 1,700 child care spaces. This is more than double the investment compared to last year and is the largest one-year funding commitment to new school construction in Ontario’s history. The province is investing a total of $1.4 billion in 2024-25 to help school boards revitalize and renew aged building systems and components. This is part of the province’s ongoing capital renewal funding initiative.