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Category: Budgets

The Bill is Coming Due

Though there are ups and downs and local variations, over the past decade, three factors characterize the finances of the Canadian higher education sector. That’s it, that’s the whole story.    It’s a classic triangle: if one side increases in length and another one does not move, the entirety of the accommodation lies on the third side of the triangle. Now, to be fair, at the system-level this dynamic seems to work.  On average, the system is chugging along reasonably, with

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May 9, 2023 2 Comments

Provincial Budgets 2023-24

Morning, all.  It’s time for our annual provincial budget round-up.  University Affairs has done its round-up of budget announcements; I’m here to put the whole set of financial commitments under the lens and give it some long-term context. A couple of caveats before I start. First, PEI is not included, for the simple reason that the government chose not to submit a budget before going to the polls a couple of weeks ago.  But, in the big fiscal picture of

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April 19, 2023 2 Comments

Budget Commentary 2023

Hello all. As usual, HESA Towers has been hard at work to bring you our budget commentary, which is available here. While there is the odd good news story in here – like more money for applied research in colleges – in the main, this is probably the worst budget for the higher education sector in years.  An $800 million year-on-year reduction in money for student grants – long foreshadowed, not by any means a breach of promise (the injection

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March 28, 2023 2 Comments

Budget Basics

At around 4PM today, the Minister of Finance, Chrystia Freeland will rise in the House of Commons to deliver her third, and the Trudeau government’s seventh, federal budget.  This is a good opportunity to give y’all a peak at how the sausage gets made, and how lobby/interest groups play a role in the development of budgets. The annual budget cycle starts pretty much the minute the previous one ends.  During spring time, the government spends its time working out how

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March 28, 2023 No Comments

Budget 2023’s Three Key Decisions on Students

There are three student-finance related measures to watch for in the upcoming budget.  One of them concerns graduate research funding and the other two concern student financial aid.  With this Liberal Government, one’d normally think all three decisions would land in favour of “more! more! more!”.  But there are faint signs that this government is starting to grasp that it has a real spending problem, and that makes these three decisions difficult to predict, for whenever the budget actually comes.

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February 13, 2023 2 Comments

One Thought to Start Your Day

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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