This paper outlines a series of transformational changes to position colleges to help achieve the vision articulated by the Ontario government in its 2012 discussion paper, "Strengthening Ontario's Centres of Creativity, Innovation and Knowledge"--namely, that "Ontario's colleges and universities will drive creativity, innovation, knowledge, and community engagement through teaching and research. They will put students first by providing the best possible learning experience for all qualified learners in an affordable and financially sustainable way, ensuring high-quality, and globally competitive outcomes for students and Ontario's creative economy." The leaders of Ontario's colleges believe that if these changes are adopted, the province will be better positioned to address the many challenges outlined in the government's position paper, which will ensure that Ontario's students and the economy are well-equipped to take on the world in the challenging environment of the future.