The ministry of labour says that the colleges and their striking union will resume talks on Thursday.
About 12,000 faculty members have been on strike for over two weeks, affecting half a million students.
Since the strike began, there have been no talks between the two sides.
Earlier Wednesday, the council representing the province's 24 colleges asked the provincially-appointed mediator to get them back to the bargaining table.
The College Student Alliance is holding a rally at Queen's Park Wednesday afternoon to pressure the two sides to end the strike.