Ontario’s universities have demonstrated a long-standing commitment to finding cost savings and doing more with less. Driving Greater Efficiencies to Deliver on Student Success and Economic Growth, the sector’s efficiency update, includes a framework that not only demonstrates the existing efficiencies already underway within the sector, but also presents a roadmap for further enhancements.
Efficiencies Framework Highlights:
Ontario’s universities are finding new and innovative ways to drive greater efficiencies, streamline and automate processes and find cost savings in order to better support students through:
- Continuous Improvement through Ongoing Institutional Efficiency Efforts
- Implementing the Ministry of Colleges and Universities’ Financial Metrics Framework and Action Plans
- Building on the Blue-Ribbon Panel’s and Auditor General’s Recommendations
- Driving Sector-Wide Collaborative Initiatives
The sector is ready and willing to collaborate with the government to ensure strong, financially sustainable universities that contribute significantly to economic growth, job creation and student success.