Tag Archives: Funding Formula

Power and accountability are key

In 1997, Mike Harris introduced the provincial funding formula in Ontario, which gave the Province the power over the funding of public education. Economist Hugh Mackenzie has been studying this education funding formula since its inception. He has written several scathing reports on the formula.

In Mackenzie’s latest report, he emphasizes that students from across Ontario have been shortchanged by the Province for almost two decades. He also highlights the issue of accountability in the provincial funding formula, stating that while the Province holds power over the allocation of funds, the Province is not held accountable for the adequacy of the funding it provides to the education system as whole in Ontario. Mackenzie states, “Even Mike Harris recognized that provincial funding created an accountability gap, and committed to a five-year review cycle. Eighteen years later, the Eves government’s 2002 review is the only one we’ve had.”

With great power comes great responsibility…