Category: Budgets

Canadian University Finances 2016-17 (Expenditures)

[the_ad id=”11745″] Good morning.  Yesterday, I took a look at some recent trends in income at Canadian universities; today I want to take a look at what is happening on the expenditures side. Let’s start by looking at something really important, which is the difference between total expenditures and operational expenditures.  In a normal year, operating budgets are 60-66% of total budgets.  A little more than half of the non-operating funds go to research, and the rest is split between

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Lo! More Mediocre Provincial Budgets

The Government of Saskatchewan delivered its budget yesterday which means that all ten provinces are now in – much earlier than usual (there’s usually one irritating May holdout).  And guess what?  It’s another year of (on aggregate at least) barely keeping up with inflation! Figure 1 shows changes in budgeted year-on-year transfers to institutions, in constant dollars.  The national increase is 0.4%, with a big gain in Quebec offsetting a small decrease in Ontario and a larger one in Alberta

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Budget 2018

Good morning all. We at HESA Towers have our 2018 Budget Commentary ready for your review. So, last night was interesting, what with the Budget, the response to the Naylor report and the criminal scheduling of all this on the same evening as Toronto FC’s home-opener (yes, I am still bitter).  It was particularly interesting because the budget’s direction was difficult to guess in advance.  Sure, we knew the middle class was going to be mentioned, and some focus on

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The Budget Speech Bill Morneau Should Give

“…Mr. Speaker, we know that living standards depend on productivity, productivity depends on innovation, and innovation depends on skills, technology, and competition.  So we are going to ramp up on all of them.  This won’t be easy.  It won’t be quick.  We are not doing this with an eye to the next election; it’s a marathon not a sprint.  But we have to start somewhere. Skills Let’s start with skills.  While recognizing that having a skilled labour force is a

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Code Red on the Naylor Report

About two and a half years ago, I said universities and scientists were headed for a catastrophic break because university Presidents were more inclined to gratefully accept whatever new dollars came their way rather than fight for research priorities.  That break may actually happen next week, for evil things are reaching my ears about Tuesday’s federal budget. To be clear: I know nothing for sure about what’s in Tuesday’s budget.  The Liberals are deliberately choosing not to leak anything that

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