Category: Blogs

Ono’s Arc

When Santa Ono first showed up at UBC in 2016, the general reaction was one of mild bemusement—or, more specifically, a feeling of “who dat?” Although Ono is Canadian by origin (born in Vancouver), he grew up and spent more or less his entire career in the United States, apart from taking his doctorate in experimental Medicine at McGill. His last job before coming north was as president of the University of Cincinnati, which is a decent school with a

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The Fifteen: May 9, 2025

Welcome to the sixteenth edition of The Fifteen. We track research funding shake-ups in Brussels’ ERC “supergrants” and a defence-focused tweak to Horizon Europe. Meanwhile, higher education resources continue to be stretched thin: half of UK universities are axing courses under financial duress, and US public colleges face a looming crisis driven by proposed cuts to Medicaid. We look at student union leaders’ fight with their predecessors, now turned politicians, and track Labour’s big win in Australia. Finally, a set

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Banking on Human Capital: How RBC Sees the Future of Talent, Innovation, and the Role of Post-Secondary Institutions

Canada’s heading into some pretty choppy waters in 2025. For a century or so, we’ve had a one track economic strategy, closer integration with the United States. Now, the Trump administration with its faith in tariffs as an instrument of both power and corruption, has essentially nuked that strategy, at least as far as the trading goods is concerned. There’s a lot of change coming to Canada, and it’ll be costly. In much the same way that diplomatic evolution and

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Probably not the next Laurentian, but…..

As I noted yesterday, there are only two institutions in Canada which have run deficits in each of the last five years: St. Thomas University (STU) and Vancouver Island University (VIU). In both instances, these institutions have had deficits averaging between 4 and 5% of their total income over the course of those five years. By any definition, this puts them on some kind of watch list. As Figures 1 and 2 show, the root cause of both institutions’ problems

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Post-COVID University Surpluses (Deficits)

Ok, everyone, buckle up. For I have been looking at university financial statements for 2023-24 and the previous few years, and I have Some Thoughts. In this exercise, I examined the financial statements from 2017-18 onwards for the 66 Canadian universities which are not federated with a larger institution and had income over $20 million. L’Université du Québec was excluded from the analysis below because it has yet to release financial statements for 2023-24. Figure 1 shows the average net

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