Ministry of Education: 2026 Spending Plan Review

Publish date: September 23, 2026 ISSN 2816-9654
This report reviews the Ministry of Education spending plan as outlined in the 2026 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 Matthew Gurnham (Director, 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 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, 2026

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Ministry of Education: 2026 Spending Plan Review, Financial Accountability Office of Ontario, 2026.
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1. Summary

At the request of Members of Provincial Parliament, this report reviews the Government of Ontario’s (the Province’s) Ministry of Education spending plan as outlined in the 2026 Ontario Budget.

Spending Plan Overview

Spending Plan Analysis

Provincial School Board Operating Funding

Licensed Child Care Funding

Interprovincial Comparison

2. Introduction

This report reviews the Government of Ontario’s (the Province’s) Ministry of Education spending plan as outlined in the 2026 Ontario Budget.

This analysis was undertaken in response to research requests from Members of Provincial Parliament and is part of a series that reviews the 2026 spending plans for five ministries: Children, Community and Social Services; Colleges, Universities, Research Excellence and Security; Education; Health; and Long-Term Care.

The report is organized as follows:

For additional information on the Ministry of Education’s spending plan, see the FAO’s 2026-27 Expenditure Estimates Dashboard, which allows users to review the ministry’s 2026-27 Expenditure Estimates to the standard account level of detail and compare 2026-27 requested spending against spending between 2021‑22 and 2025-26.

3. Spending Plan Overview

In the 2026 Ontario Budget, the Province projects that Ministry of Education spending will increase from $42.7 billion in 2025-26 to $43.4 billion in 2028-29, representing an average annual growth rate of 0.6 per cent. This is a significantly slower pace than the 5.6 per cent average annual growth over the previous three years from 2022-23 to 2025-26.

Figure 3.1 Ministry of Education spending plan in the 2026 Ontario Budget

Note: Historical values are not restated for program transfers or reclassifications, if any. 2025-26 historical value is an FAO estimate of unaudited spending and may contain differences from the final audited spending reported in the 2025-26 Public Accounts of Ontario.

Source: Ontario Public Accounts, the 2026 Ontario Budget and FAO analysis.

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2022-23 to 2025-26 Historical 2025-26 to 2028-29 2026 Ontario Budget
5.6 0.6
Historical 2026 Ontario Budget
Historical 2022-23 36.2
Historical 2023-24 38.8
Historical 2024-25 40.1
Historical 2025-26 42.7
2026 Budget Outlook 2026-27 42.5
2026 Budget Outlook 2027-28 43.1
2026 Budget Outlook 2028-29 43.4

For context, over the 36-year period from 1990-91 to 2025-26, Ministry of Education spending grew at an average annual rate of 3.2 per cent.[2] The Province’s spending plan in the 2026 budget calls for significantly slower spending growth compared to the 36-year average and if achieved, would be the slowest three-year growth rate since 1995-96 to 1998-99.

2026 Spending Plan Compared to 2025 Spending Plan

Compared to the Ministry of Education spending plan in the 2025 Ontario Budget, the ministry’s spending plan in the 2026 Ontario Budget has decreased by a total of $0.5 billion from 2025-26 to 2027-28. This includes spending reductions of $0.1 billion in 2025-26, $0.3 billion in 2026-27 and $0.1 billion in 2027-28.

Figure 3.2 Ministry of Education spending plan in the 2025 and 2026 Ontario Budgets

Note: Historical values are not restated for program transfers or reclassifications, if any. 2025-26 historical value is an FAO estimate of unaudited spending and may contain differences from the final audited spending reported in the 2025-26 Public Accounts of Ontario.

Source: Ontario Public Accounts, 2025 Ontario Budget, 2026 Ontario Budget and FAO analysis.

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Historical 2025 Ontario Budget 2026 Ontario Budget
2022-23 36.2
2023-24 38.8
2024-25 40.1
2025-26 42.7 42.7
2026-27 42.9 42.5
2027-28 43.2 43.1
2028-29 43.4

Spending Plan Compared to Cost Drivers

At the request of the Members of Provincial Parliament, the FAO estimated Ministry of Education spending over the next three years that would be required to maintain 2025-26 service levels. Also known as a cost driver projection, this scenario does not recommend how spending should change but serves as a benchmark to show whether the 2026 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 2.1 per cent over the next three years to maintain current ministry service levels. The components of the FAO’s cost driver projection vary by program area:

Figure 3.3 Comparing Ministry of Education spending growth, FAO cost driver projection vs. 2026 Ontario Budget, 2025-26 to 2028-29

Source: 2026 Ontario Budget and FAO analysis.

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FAO Cost Driver Projection 2026 Ontario Budget
2.1 0.6

As noted above, in the 2026 budget, the Province projects that Ministry of Education spending will increase at an average annual rate of 0.6 per cent from 2025-26 to 2028-29. Compared to the FAO’s cost driver projection, this results in a funding shortfall of $0.7 billion in 2026-27, $1.2 billion in 2027-28 and $2.0 billion in 2028-29.

Figure 3.4 Comparing Ministry of Education spending projections, FAO cost driver projection vs. 2026 Ontario Budget

Note: Historical values are not restated for program transfers or reclassifications, if any. 2025-26 historical value is an FAO estimate of unaudited spending and may contain differences from the final audited spending reported in the 2025-26 Public Accounts of Ontario.

Source: Ontario Public Accounts, 2026 Ontario Budget and FAO analysis.

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Historical FAO Cost Driver Projection 2026 Ontario Budget
Historical 2022-23 36.2
Historical 2023-24 38.8
Historical 2024-25 40.1
Historical 2025-26 42.7
Projection 2026-27 43.2 42.5
Projection 2027-28 44.3 43.1
Projection 2028-29 45.5 43.4

The funding shortfall means that, to maintain current service levels, the Province will need to implement program efficiencies (i.e., provide the same level of services with less resources) and/or commit additional funding beyond what was planned in the 2026 Ontario Budget.

4. Spending Plan Analysis

At the request of the Members of Provincial Parliament, this chapter reviews the FAO’s estimate of the potential impact of the Ministry of Education spending plan in the 2026 budget on two key program areas: school board operations and child care.

Provincial School Board Operating Funding

School boards’ operating expenditures are primarily funded from transfers from the Ministry of Education,[4] 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.

The Ministry of Education provides operating funding to school boards based on its estimate of required spending on teachers, transportation, facilities and other services.[5] On an inflation-adjusted basis (i.e., real 2026-27 dollars), per-student provincial operating funding to school boards was $15,140 in 2025-26, the second lowest level over the last 10 years, after 2024-25. Based on the Ministry of Education spending plan in the 2026 budget, the FAO estimates that real provincial operating funding to school boards will decline to $15,074 per student in 2026-27, $14,850 per student in 2027-28 and $14,775 per student in 2028-29.

Figure 4.1 Historical and projected real per-student provincial school board operating funding, 2016-17 to 2028-29

Source: FAO analysis of Ontario Public Accounts, 2026 Ontario Budget and information provided by the Province.

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Historical 2026 Ontario Budget
Historical 2016-17 15,760
Historical 2017-18 15,389
Historical 2018-19 5,543
Historical 2019-20 15,142
Historical 2020-21 15,931
Historical 2021-22 15,248
Historical 2022-23 15,227
Historical 2023-24 15,483
Historical 2024-25 15,128
Historical 2025-26 15,140
2026 Budget Outlook 2026-27 15,074
2026 Budget Outlook 2027-28 14,850
2026 Budget Outlook 2028-29 14,775

Licensed Child Care Funding

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

Licensed child care spaces

In 2025-26, there were an estimated 570,406 licensed child care spaces[6] in Ontario for children aged zero to 12. The total number of licensed child care spaces has increased by 87,265 spaces (18.1 per cent) since 2019-20.

Figure 4.2 Licensed child care spaces in Ontario, 2019-20 to 2025-26

Note: 2025-26 value reflects actual licensed child care spaces in centres and an FAO estimate of licensed home child care enrolment.

Source: FAO analysis of information provided by the Province.

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Number of Spaces
2019-20 483,141
2020-21 478,162
2021-22 489,751
2022-23 522,860
2023-24 538,670
2024-25 555,557
2025-26 570,406

Between 2019-20 and 2025-26, licensed child care spaces as a share of the Ontario population aged 12 and under increased from 24.3 per cent to 28.1 per cent.

Figure 4.3 Licensed child care spaces as a share of the Ontario population aged 12 and under, 2019-20 to 2025-26

Note: 2025-26 value reflects actual licensed child care spaces in centres and an FAO estimate of licensed home child care enrolment.

Source: FAO analysis of information provided by the Province.

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Spaces as a Share of 0-12 Population (Per Cent)
2019-20 24.3
2020-21 24.0
2021-22 24.7
2022-23 26.3
2023-24 26.8
2024-25 27.4
2025-26 28.1

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 to an average of $10 per day by September 2025[7] and create 86,000 new child care spaces for children under the age of six, for a total of 375,111 CWELCC spaces by the end of 2026. In December 2025, the Province and the federal government extended the agreement through 2026-27, with a revised commitment to maintain average fees at $19 per day through December 2026. Subsequently, in June 2026, the federal government extended funding for the program to 2027-28, without a further commitment to change average daily fees.[8]

Assuming that average fees are maintained at $19 per day and that the target to enrol 375,111 licensed child care spaces in the CWELCC program is achieved in 2026, the FAO estimates that the CWELCC program will cost $5.2 billion in 2026-27, rising to $5.6 billion in 2028-29.

As a result, based on estimated provincial funding levels and committed federal funding, the FAO estimates a CWELCC program funding shortfall of $0.3 billion in 2026-27, $0.6 billion in 2027-28 and $4.8 billion in 2028‑29.

Table 4.1 FAO estimate of the federal-provincial Canada-wide Early Learning and Child Care (CWELCC) program funding shortfall * CWELCC child care spaces and average daily fee figures are presented on a calendar year basis. ** Starting in 2025-26, excludes municipal contributions of approximately $0.1 billion. *** Beginning in 2025-26, with the introduction of the cost-based funding formula, provincial funding includes existing provincial child care funding that was integrated into CWELCC funding. **** Committed federal funding in 2026-27 and 2027-28 is an FAO estimate. Source: FAO analysis based on the information provided by the Ministry of Education.
Historical FAO Estimate
2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29
CWELCC Child Care Spaces* 301,740 314,682 325,398 340,049 375,111 375,111 375,111
Average Daily Fee* ($) 36 23 23 19 19 19 19
Program Cost** ($ billion) 1.3 2.1 2.9 4.8 5.2 5.5 5.6
Provincial Funding*** ($ billion) <0.1 0.1 0.1 0.8 0.8 0.8 0.8
Committed Federal Funding**** ($ billion) 1.3 2.0 2.8 4.0 4.1 4.1
Funding Shortfall ($ billion) 0.3 0.6 4.8

Alternatively, if average fees are lowered to $10 per day starting in April 2027, the FAO estimates that the CWELCC program would cost $6.3 billion in 2027-28 and $6.4 billion in 2028-29. As a result, the FAO estimates that there would be a CWELCC program funding shortfall of $1.4 billion in 2027-28 and $5.6 billion in 2028-29.

5. Interprovincial Comparison

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

School Board Spending

In 2023-24, Ontario’s school board spending per student was $15,247, which was $621 below the national average of $15,867. Compared to other large provinces, Ontario’s spending was higher than in British Columbia ($15,182) and Alberta ($13,607) but lower than in Quebec ($19,323).

Figure 5.1 School board spending per student by province in 2023-24

* Comparable data not available. Note: Canada average excludes New Brunswick, Newfoundland and Labrador, and the territories. Ontario school board spending per student differs from Figure 4.1, which shows per student provincial operating funding to Ontario school boards in real (inflation adjusted) 2026-27 dollars.

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

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Province School board spending per student ($)
NB NA*
NL NA*
AB 13,607
SK 15,034
BC 15,182
ON 15,247
MB 15,760
NS 15,844
PE 15,919
QC 19,323
Canada Average 15,867

Child Care Spending

In 2024-25, Ontario had the fifth lowest child care spending per child aged zero to 12 among the provinces. Ontario’s child care spending per child was $2,533, which was $340 below the national average of $2,874. Compared to other large provinces, Ontario’s spending was higher than in Alberta ($2,093) but lower than in British Columbia ($2,943) and Quebec ($4,408).

Figure 5.2 Child care spending per child aged zero to 12 by province in 2024-25

Note: Child care spending excludes kindergarten programs. 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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Province Child care spending per child aged zero to 12 ($)
NS 1,459
MB 1,766
SK 2,013
AB 2,093
ON 2,533
NB 2,602
C 2,943
NL 3,097
PE 4,149
QC 4,408
Canada Average 2,874

Footnotes

[1] Represents licensed child care spaces in centres and licensed home child care enrolment.

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

[3] Excluding the one-time OTPP adjustment in 2025-26, the FAO estimates that other ministry programs would need to grow by 1.7 per cent over the next three years to maintain service levels.

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

[5] 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.

[6] Represents licensed child care spaces in centres and licensed home child care enrolment.

[7] The commitment to reduce CWELCC average daily fees to $10 per day was subsequently revised to the end of March 2026.

[8] In June 2026, the federal government announced additional spending of up to $5.4 billion for the CWELCC program across all provinces and territories over 2026-27 and 2027-28. See Minister of Jobs and Families announces new funding to maintain affordable early learning and child care in Canada.