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Category: Budgets

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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May 7, 2025 2 Comments

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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May 6, 2025 1 Comment

Check-in on Administrative Bloat, 2025 Edition

Check-in on Administrative Bloat, 2025 Edition It’s been a little over five years since I took a serious dive into the question of “administrative bloat,” which apparently exists everywhere but in the statistics. Still, always good to check assumptions every once in a while, and I thought five years was long enough to make a new look at the data worthwhile. So here goes: Let’s start by reviewing what we can and cannot know about staffing at Canadian universities. StatsCan

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March 26, 2025 2 Comments

Ontario in 2029

Back in 2022, just after the last provincial election, I wrote a piece looking forward a few years and predicted that the years 2023-25 were going to be chaos for Ontario postsecondary institutions. And I was right, although I can’t claim to have anticipated any of the specifics. Given that we are now going back into an election, I thought I would try to look into a crystal ball and look at what the province’s postsecondary system will look like

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February 3, 2025 No Comments

More Eating the Future

Morning everyone. Welcome back. Some statistical wonkery today, with respect to the analysis of government expenditures on postsecondary education. Many of you will recognize Figures 1 and 2 from earlier blogs or the State of Postsecondary Education 2024. They represent the two most-common ways to look at commitments to postsecondary education: the first in per-student terms, and the second in per-GDP terms. Figure 1: Provincial Expenditures per FTE Student by Sector, 2022-23 Figure 2: Provincial PSE Expenditures, by Sector, as

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January 6, 2025 No Comments

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One Thought to Start Your Day is our founder and CEO Alex Usher’s popular daily blog, brimming with up-to-the-minute insights and informed opinions on today’s higher education industry.

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