Strategic Mandate Agreement
What is the Strategic Mandate Agreement (SMA)?
Strategic Mandate Agreements (SMAs) are documents established through negotiations with the Ministry of Colleges and Universities (MCU) that provide universities and colleges an opportunity to communicate priorities, identify areas of institutional strength/focus, and set performance metrics.
In the 2019 budget, the Ontario government announced that they would be moving forward with a performance/outcomes-based funding system for all universities and colleges. By 2024-25, the Ontario government will allocate 60% of existing post-secondary funding based on the achievement of targets on 10 metrics that align with the government’s stated priorities of improving skills, focusing on job outcomes, and promoting community and economic impact.
The government will be implementing this system through the coming round of SMAs. The new SMAs will be five-year agreements that articulate the university’s performance targets on specific metrics, and outline our approach to the new policy.
Universities have some flexibility to negotiate weights for the metrics, identify an institutional strength/focus, and propose an institution-specific economic impact metric.
When is this happening?
- The new SMAs will be in effect from 2020 to 2025 and the government will be negotiating them this academic term.
- Ryerson will be seeking community input and reporting to the Ministry in Fall 2019.