Watch: Education minister announces new education funding formula

The new formula, which takes effect next September, also simplifies funding for high school students and eliminates the need for students with disabilities to re-qualify for extra funding each year. Those changes are meant to cut red tape and reduce administrative costs for schools, according to government.

With the changes, every school division will receive more money next year than it did this year, said Education Minister Adriana LaGrange, but the details of how much will be unveiled in next week’s provincial budget.