Dec. 12, 2008
FREDERICTON (CNB) - The province will invest $160 million in the New Brunswick Community College and universities during the next two years, Post-Secondary Education, Training and Labour Minister Donald Arseneault announced today in his department's capital estimates.
"By investing to improve our infrastructure, we are not only looking after students and ensuring that they have access to the best possible learning environment; we are also moving forward with our action plan on post-secondary education," Arseneault said.
During the next two years, close to $105 million will be invested in four community college campuses: Edmundston, Saint John, Moncton and Bathurst.
"This is an important step in increasing community college student capacity and making the connection between our post-secondary education system and our province's changing labour market needs as we move to be self-sufficient by 2026," said Arseneault. "When you combine the additions to these four campuses, the network will see an additional 1,200 seats allowing more students to enter the province's community colleges."
Investments will be as follows:
Edmundston - $35 million
Saint John - $44.3 million
Moncton - $20 million
Bathurst - $3.6 million
Another $2 million will be available this year for regular maintenance of community college campuses.
There will be $60 million available for improving university infrastructure during the next two years.
"With this large pool of funding, our universities will have the opportunity to improve their infrastructure to help them to build the best education system in the nation," said Arseneault.
Funds will be distributed among universities based on each institution's share of the operational grant from the province. This is administered through the Department of Post-Secondary Education, Training and Labour, with funds coming from the Maritime Provinces Higher Education Commission.
The government's plan, Be Inspired. Be Ready. Be Better. The Action Plan to Transform Post-Secondary Education in New Brunswick, is available online.
MEDIA CONTACT: Marie-Josée Groulx, communications, Department of Post-Secondary Education, Training and Labour, 506-444-3465.