Ministry of Colleges, Universities, Research Excellence and Security: 2025 Spending Plan Review

Publish date: October 23, 2025 ISSN 2819-6961
This report reviews the Ministry of Colleges, Universities, Research Excellence and Security 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: Ava Rahbari (Financial Analyst) under the direction of Matthew Stephenson (Senior Manager, Financial Analysis) and Luan Ngo (Chief Financial Analyst).

This report has been prepared with the benefit of publicly available information and information provided by the Ministry of Colleges, Universities, Research Excellence and Security, 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

Citation
Ministry of Colleges, Universities, Research Excellence and Security: 2025 Spending Plan Review, Financial Accountability Office of Ontario, 2025.
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