Submission to the House of Commons Standing Committee on Finance – Budget 2025
Polytechnics Canada’s recommendations for Budget 2025 are intended to capitalize on polytechnic capacity to deliver on an ambitious federal agenda to address lagging productivity indicators, renew defence spending and support strategic workforce development.
Recommendations include:
- Increase baseline funding to the College and Community Innovation Program to $216M/year, driving innovation, derisking technology adoption and supporting commercialization of Canadian businesses
- Establish a defence innovation fund to build on existing capacity at Canada’s post-secondary institutions as part of new national defence investments
- Invest $50M over 5 years to strengthen cyber defence at Canada’s polytechnics and colleges
- Introduce training vouchers to support workforce adjustment in critical sectors and ensure mid-career workers remain at the cutting edge of their fields
- Better position the skilled trades workforce to respond to demand for new housing, domestic manufacturing capacity and renewal of transportation infrastructure by prioritizing the retention and completion of apprentices in high-demand trades