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Ontarios higher education sector enters turbulence: Deficits rise, fees uncertain, funding model under scrutiny

Ontario's colleges and universities are struggling financially. Falling international student numbers and a frozen tuition fee are creating budget deficits. Institutions warn of program cuts and job losses. The provincial government is reviewing its funding model, which has not been updated in over a decade. This review aims to address the sector's financial instability and ensure future growth.