As economic anchors in their communities and autonomous institutions, Ontario’s universities remain committed to strong fiscal management, transparency and accountability, as they continue to serve our students, communities and the province.
Ontario universities have worked together with their community stakeholders and government to establish robust accountability policies to ensure strong fiduciary oversight and open and transparent decision-making.
Ontario’s universities will continue to demonstrate leadership by ensuring comprehensive financial information is publicly available and accessible.
Ensuring effective, transparent and financial accountability is a top priority for all Ontario universities. To demonstrate a sector-wide commitment to financial health, universities have developed the Financial Health and Transparency Framework Plan. The framework outlines how universities will enhance existing accountability measures to ensure their financial health through the ongoing monitoring of the financial position of universities.
Learn more about the Financial Health and Transparency Framework Plan.