More than $900 million of the funding is for a general “postsecondary education sustainability fund,” with smaller amounts for capital projects, popular STEM programs and an overhaul of advanced research computing systems. It’s paired with an extension of a tuition cut and ongoing freeze imposed in 2019. (The Logic)

Talking point: The announcement comes as schools are grappling with a federal freeze on lucrative admissions of international students. The association representing Ontario’s colleges welcomed the province’s “initial investment” but said its members’ programs are still at risk. The Council of Ontario Universities previously told The Logic its members are facing deepening deficits of $175 million this year and $273 million next year (and that was before the international student cap was imposed); it’s called for an end to the tuition freeze and a 10 per cent operating-grant boost, echoing a recommendation from a provincial government panel in November.