Canadian province will allocate more than two billion dollars to education
New Brunswick makes the best investment.
The province of New Brunswick has announced a budget for early childhood, post-secondary, and higher education.
School education
he 2023-24 budget for the Department of Education and Early Childhood Development was tabled today at the legislative assembly. The CAD 1.7 billion budget features investments to support enrolment growth, inclusion, and child care.
“Our children are the drivers of the future in New Brunswick and they deserve to have meaningful and rewarding learning experiences. The investments we are making through this budget will make a significant difference as we continue working toward building a better education system for all our children,” said Education and Early Childhood Development Minister Bill Hogan.
The budget also calls for a CAD 37 million investment in early education and child care. The budget also includes CAD 30.8 million in investment to improve the province’s inclusive education system.
The main goals of the new budget:
- CAD 2.4 million for early intervention for children with autism spectrum disorder;
- CAD 8.7 million in support of improved literacy and numeracy;
- CAD 2 million for student access to healthy foods in schools that do not have an existing program;
- CAD 14.8 million to address cost pressures associated with energy, transportation, and contract services;
- CAD 4 million to support the creation of additional preschool child-care spaces within the for-profit child-care sector.
Post-secondary education
The Legislature was also presented with a draft for the post-secondary education budget for 2023-2024. It is CAD 669 million. Compared to last year, the budget is up 1.9%, CAD 12.5 million.
“This budget further demonstrates our commitment to post-secondary education and to making it more affordable and accessible for students,” said Post-Secondary Education, Training and Labour Minister Trevor Holder.
Post-secondary education and public libraries are the two main goals of the 2023 budget.
The main directions:
- Publicly funded universities will receive up to CAD 247.9 million in operating assistance, an increase of CAD 8.4 million over 2022-23.
- An additional CAD 7.6 million will be allocated to update the maximum amounts eligible for the New Brunswick Student Loan and the New Brunswick Bursary to align with the increased cost of living.
- CAD 4.4 million to support language acquisition for newcomer students;
- New Brunswick public libraries will receive an additional CAD 1.8 million.
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