Ontario caps tuition fee hikes

Ontario is lowering the cap on tuition fees for post-secondary school students.

The announcement made Thursday sees annual fee increases capped at an average of 3% for the next 4 years. Previously, colleges and universities were allowed to hike tuition by an average of 5%. The province says the fee system can still be flexible, with some programs increasing more and others less as long as the increases average 3% a year overall.