Ministry of Education: 2025 Spending Plan Review

Publish date: October 23, 2025 ISSN 2816-9654
This report reviews the Ministry of Education spending plan as outlined in the 2025 Ontario Budget.
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About this document

Established by the Financial Accountability Officer Act, 2013, the Financial Accountability Office of Ontario (FAO) provides independent analysis on the state of the Province’s finances, trends in the provincial economy and related matters important to the Legislative Assembly of Ontario.

Prepared by: Michelle Gordon (Manager, Financial Analysis) under the direction of Luan Ngo (Chief Financial Analyst).

This report has been prepared with the benefit of publicly available information and information provided by the Ministry of Education, the Ministry of Finance and Treasury Board Secretariat.

In keeping with the FAO’s mandate to provide the Legislative Assembly of Ontario with independent economic and financial analysis, this report makes no policy recommendations.

© King’s Printer for Ontario, 2025

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Ministry of Education: 2025 Spending Plan Review, Financial Accountability Office of Ontario, 2025.
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1. Summary

At the request of a Member of Provincial Parliament, this report reviews the Government of Ontario’s (the Province’s) Ministry of Education spending plan as outlined in the 2025 Ontario Budget.

Spending Plan Overview

Spending Plan Analysis: School Boards

Spending Plan Analysis: Child Care

Interprovincial Comparison

2. Introduction

This report reviews the Government of Ontario’s (the Province’s) Ministry of Education spending plan as outlined in the 2025 Ontario Budget.

This analysis was undertaken in response to a request from a Member of Provincial Parliament and is part of a planned series that reviews the spending plans for five ministries: Health; Long-Term Care; Education; Colleges, Universities, Research Excellence and Security; and Children, Community and Social Services.

The report is organized as follows:

For additional information on the Ministry of Education’s 2025-26 spending plan, see the FAO’s Examining Ontario’s 2025-26 Expenditure Estimates, which compares planned spending against actual spending over the previous four years to the standard account level of detail.

3. Spending Plan Overview

In the 2025 Ontario Budget, the Province projects that Ministry of Education spending will grow at an average annual rate of 2.5 per cent, from $40.1 billion in 2024-25 to $43.2 billion in 2027-28. This is a significantly slower pace than the 8.3 per cent average annual growth over the previous three years from 2021-22 to 2024-25.

Figure 3.1 Ministry of Education spending plan in the 2025 Ontario Budget

Note: Historical values are not restated for program transfers or reclassifications, if any.

Source: Ontario Public Accounts and the 2025 Ontario Budget.

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Average Annual Spending Growth (Per Cent)

2021-22 to 2024-25
Historical
2024-25 to 2027-28
2025 Ontario Budget
8.3 2.5

Annual Spending ($ Billions)

Historical 2025 Ontario Budget
Historical 2021-22 31.5
Historical 2022-23 36.2
Historical 2023-24 38.8
Historical 2024-25 40.1
2025 Budget Outlook 2025-26 42.7
2025 Budget Outlook 2026-27 42.9
2025 Budget Outlook 2027-28 43.2

For context, over the 34-year period from 1990-91 to 2023-24, Ministry of Education spending grew at an average annual rate of 3.1 per cent.[2] The Province’s spending plan in the 2025 budget calls for slower spending growth compared to the 34-year average.

Spending Plan Compared to Cost Drivers

At the request of the Member of Provincial Parliament, the FAO estimated Ministry of Education spending from 2025-26 to 2027-28 that would be required to maintain 2024-25 services levels. Also known as a cost driver forecast, this scenario does not recommend how spending should change but serves as a benchmark to show whether the 2025 budget’s Ministry of Education spending plan is likely to maintain, improve or reduce the quality and accessibility of education services.

Overall, the FAO estimates that Ministry of Education spending would need to grow by an average annual rate of 3.2 per cent over the next three years to maintain current education service levels. The components of the FAO’s cost driver forecast vary by program area:

Figure 3.2 Comparing Ministry of Education spending growth, FAO cost driver forecast vs. 2025 Ontario Budget, 2024-25 to 2027-28

Source: 2024-25 Public Accounts of Ontario, 2025 Ontario Budget and FAO analysis.

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Average Annual Spending Growth (Per Cent)

FAO Cost Driver Forecast 2025 Ontario Budget
3.2 2.5

Comparing the Ministry of Education spending plan in the 2025 budget against the FAO’s cost driver projection by fiscal year:

Importantly, under the CWELCC program, the Province has committed to reduce average daily fees from the current level of $19 a day to $10 a day by the end of March 2026, and enroll an additional estimated 33,090 licensed child care spaces in 2026 to achieve its target of 375,111 licensed child care spaces enrolled in the CWELCC program by the end of 2026. To achieve these service level improvements, ministry spending in 2026-27 and 2027-28 would need to exceed the FAO’s cost driver projection.

Figure 3.3 FAO cost driver projection and Ministry of Education spending plan in the 2025 Ontario Budget

Note: Historical values are not restated for program transfers or reclassifications, if any.

Source: Ontario Public Accounts, 2025 Ontario Budget and FAO analysis of information provided by the Province.

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Annual Spending ($ Billions)

Historical FAO Cost Driver Forecast 2025 Ontario Budget
Historical 2021-22 31.5
Historical 2022-23 36.2
Historical 2023-24 38.8
Historical 2024-25 40.1
Projection 2025-26 41.6 42.7
Projection 2026-27 42.9 42.9
Projection 2027-28 44.1 43.2

4. Spending Plan Analysis

At the request of the Member of Provincial Parliament, the FAO analyzed the impact of the Province’s Ministry of Education spending plan in the 2025 Ontario Budget on two key program areas: school board operations and child care.

School Board Operations

School boards’ operating expenditures are primarily funded from transfers from the Province,[5] with a smaller share from other sources such as fundraising, investments and international student fees. School boards have flexibility to allocate funds according to local priorities, provided they balance their budgets and meet ministry reporting requirements. As a result, provincial funding to school boards can differ from actual school board spending.

School board operating funding

The Ministry of Education provides operating funding to school boards based on its estimate of required spending on teachers, transportation, facilities and other services.[6] In 2024-25, real per-student provincial operating funding to school boards was $14,504, the lowest level over the last 10 years.

Going forward, the FAO estimates that the 2025 budget Ministry of Education spending plan will increase real provincial operating funding to school boards to $14,521 per student in 2025-26 and $14,685 per student in 2026-27, before declining to $14,111 per student in 2027-28.

Figure 4.1 Historical and projected real per-student provincial school board operating funding, 2015-16 to 2027-28

Source: FAO analysis of information provided by the Province.

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2024-25 Constant Dollars

Historical 2025 Ontario Budget
Historical 2015-16 14,862
Historical 2016-17 15,132
Historical 2017-18 14,776
Historical 2018-19 14,923
Historical 2019-20 14,539
Historical 2020-21 15,296
Historical 2021-22 14,640
Historical 2022-23 14,620
Historical 2023-24 14,866
Historical 2024-25 14,504
2025 Budget Outlook 2025-26 14,521
2025 Budget Outlook 2026-27 14,685
2025 Budget Outlook 2027-28 14,111

School board operating spending

School board operating spending reflects actual expenditures by school boards based on funds received from the Province and from other sources. In 2024-25, real per-student school board operating spending was $14,997, above the average of $14,865 over the last 10 years.

Based on the 2025 budget Ministry of Education spending plan, the FAO estimates that real per-student school board spending will increase to $15,068 in 2025-26, before declining to $14,778 in 2027-28.

Figure 4.2 Historical and projected real per-student school board operating spending, 2015-16 to 2027-28

Source: FAO analysis of information provided by the Province.

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2024-25 Constant Dollars

Historical 2025 Ontario Budget
Historical 2015-16 14,594
Historical 2016-17 14,982
Historical 2017-18 14,764
Historical 2018-19 14,985
Historical 2019-20 14,939
Historical 2020-21 14,907
Historical 2021-22 14,368
Historical 2022-23 14,867
Historical 2023-24 15,243
Historical 2024-25 14,997
2025 Budget Outlook 2025-26 15,068
2025 Budget Outlook 2026-27 14,997
2025 Budget Outlook 2027-28 14,778

Child Care

The Ministry of Education administers and funds licensed child care programs in Ontario, including the Canada-wide Early Learning and Child Care (CWELCC) program and other provincial subsidies for licensed child care spaces, the Ontario Child Care Tax Credit, EarlyON child and family centres, and First Nations licensed child care.

Licensed child care spaces

In 2024-25, there were 532,573 licensed child care spaces in centres in Ontario for children aged zero to 12, an increase of 143,287 spaces (36.8 per cent) since 2015-16.[7] Between 2015-16 and 2024-25, licensed child care spaces in centres as a share of the Ontario population aged 12 and under increased from 20.3 per cent to 26.3 per cent.

Figure 4.3 Licensed child care spaces in centres as a share of the Ontario population aged zero to 12, 2015-16 to 2024-25

Note: Licensed child care in Ontario is also provided through home agencies. In 2023-24, there were 22,215 children aged 0 to 12 enrolled in licensed child care home agencies.

Source: FAO analysis of information provided by the Province.

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Spaces as a Share of 0-12 Population

Spaces as a Share of 0-12 Population
2015-16 20.3%
2016-17 21.0%
2017-18 21.9%
2018-19 22.7%
2019-20 23.3%
2020-21 23.4%
2021-22 23.9%
2022-23 25.4%
2023-24 25.7%
2024-25 26.3%

Overview of the Canada-wide Early Learning and Child Care Program

In 2022, the Province announced a five-year agreement with the federal government to lower child care fees and expand child care spaces for children under the age of six. Under the Canada-wide Early Learning and Child Care (CWELCC) program, the Province committed to reduce the cost of licensed child care for children under the age of six to an average of $10 per day by September 2025, which was subsequently revised to the end of March 2026. Additionally, under the CWELCC agreement, the Province set a target to create 86,000 new child care spaces for children under the age of six relative to the end of 2018-19, for a total of 375,111 spaces that would be enrolled in the new CWELCC program by the end of 2026.

When the CWELCC program was launched in 2022, child care providers representing 301,740 licensed child care spaces enrolled in the CWELCC program. In 2023, an additional 12,942 spaces were created, for a total of 314,682 licensed child care spaces enrolled in the CWELCC program. The FAO estimates that in 2024 and 2025, an additional 12,359 spaces and 14,980 spaces were created, respectively.[8] Consequently, the FAO estimates that the Province will need to create an additional 33,090 licensed child care spaces in 2026 to achieve its target of 375,111 licensed child care spaces enrolled in the CWELCC program. This would be more than double the average annual increase in spaces over the previous three years.

Figure 4.4 Canada-wide Early Learning and Child Care (CWELCC) program child care spaces, 2022 to 2026

Source: FAO analysis of information provided by the Province and the Ontario Early Years and Child Care Annual Report 2024.

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Child Care Spaces

Historical FAO Estimate Government Target
2022 301,740
2023 314,682
2024 327,041
2025 342,021
2026 375,111

Cost of the CWELCC program

The FAO estimates that the CWELCC program will cost $4.2 billion in 2025-26, $5.2 billion in 2026-27 and $5.4 billion in 2027-28. This estimate assumes that the average daily cost for child care is reduced to $10 by the end of March 2026 and the Province is able to reach its target of 375,111 licensed child care spaces enrolled in the CWELCC program by the end of 2026.[9]

Under the current Canada-Ontario CWELCC agreement, which is scheduled to expire in March 2026, the FAO estimates that there are sufficient funds remaining to support the cost of the CWELCC program in 2025-26.

After 2025-26, both the federal government and the Province have indicated their intention to renew the CWELCC agreement; however, as of the writing of this report, a renewal has not been reached. In March 2025, the federal government announced a funding commitment of $16.8 billion over five years to support the renewal of the Canada-Ontario CWELCC agreement, including an estimated $3.2 billion in 2026-27 and $3.3 billion in 2027-28.[10] Based on the federal government’s proposed funding levels, the FAO estimates that there would be a federal funding shortfall for the CWELCC program of $1.9 billion in 2026-27 and $2.0 billion in 2027-28.[11]

5. Interprovincial Comparison

At the request of the Member of Provincial Parliament, this chapter compares Ontario’s per-capita school board and child care spending with spending in other provinces.

School Board Spending

In 2022-23, Ontario had the fourth lowest school board spending per student among the provinces.[12] Ontario’s school board spending per student was $15,012, which was $302 below the national average of $15,313. Compared to other large provinces, Ontario’s spending was higher than in British Columbia ($14,116) and Alberta ($13,627) but lower than in Quebec ($18,617).

Figure 5.1 School board spending per student by province in 2022-23

Note: Canada average excludes territories. Ontario total school board spending per student differs from Figure 4.2, which shows school board operating spending only, as reported in Ontario’s 2022-23 Public Accounts, in 2024-25 dollars. * Comparable data not available.

Source: Statistics Canada, Table 10-10-0019-01 and Table 37-10-0007-01 and FAO analysis.

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Dollars per Student

Province Dollars per Student
NB NA*
AB 13,627
BC 14,116
SK 14,889
ON 15,012
NS 15,218
NL 15,275
PEI 15,326
MB 15,738
QC 18,617
Canada Average 15,313

Child Care Spending

In 2023-24, Ontario had the fifth lowest child care spending per child aged zero to 12 among the provinces.[13] Ontario’s child care spending per child was $2,199, which was $455 below the national average of $2,654. Compared to other large provinces, Ontario’s spending was higher than in Alberta ($1,639) but lower than in British Columbia ($2,655) and Quebec ($4,339).

Figure 5.2 Child care spending per child aged zero to 12 by province in 2023-24

Note: Information compiled directly from provincial public accounts. No adjustments were made to improve comparability across provinces. Canada average excludes territories.

Source: FAO analysis based on provincial public accounts and the Atkinson Centre’s 2023 Early Childhood Education Report.

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Dollars per Person Aged Zero to 12

Province Dollars per Person Aged Zero to 12
NS 1,385
SK 1,588
MB 1,623
AB 1,639
ON 2,199
NB 2,315
NL 2,330
BC 2,655
PEI 3,248
QC 4,339
Canada Average 2,654

Footnotes

[1] In January 2025, the Province reduced the average daily child care fee from $23 to $19. The FAO estimates that the Province will need to create an additional 33,090 licensed child care spaces in 2026 to achieve its target of 375,111 licensed child care spaces enrolled in the CWELCC program by the end of 2026.

[2] FAO, Government Spending Trends: 1990 to 2023.

[3] Excluding the in-year service enhancement, the FAO estimates that to maintain service levels, child care spending would need to increase by an average annual rate of 2.1 per cent.

[4] The Province has committed to reduce average daily fees from $19 a day to $10 a day by March 2026, and enroll an additional estimated 33,090 licensed child care spaces in 2026 to achieve its target of 375,111 licensed child care spaces enrolled in the CWELCC program by the end of 2026. If achieved, these measures would improve services compared to 2024-25 levels.

[5] For more information, see FAO, Ontario School Boards: Enrolment, Finances and Student Outcomes.

[6] These funds are primarily allocated through the Core Education Funding (Core Ed) program and the Responsive Education Programs (REP). The Core Ed program provides funding to school boards for teachers, administration, school operations and maintenance, supplies and equipment, pupil transportation, and other needs. The REP provides additional funding for specific government priorities such as mental health supports, literacy programs and equity initiatives.

[7] Licensed child care in Ontario is also provided through home agencies. In 2023-24, there were 22,215 children aged 0 to 12 enrolled in licensed child care home agencies.

[8] In 2025, approximately 92 per cent of licensed child care spaces for children aged zero to five were participating in the CWELCC program.

[9] This estimate includes the Province’s introduction of a new cost-based funding formula in January 2025.

[10] Government of Canada, Toward $10-a-day: An Early Learning and Child Care Backgrounder, 2025.

[11] The FAO’s estimate assumes $0.1 billion in provincial funding each year.

[12] New Brunswick does not have school boards and is excluded from the analysis as no comparable data are available.

[13] Based on provincial public accounts. No adjustments were made to improve comparability across provinces.