Category: Budgets

Sayonara, Ko’rishguncha, Қош болыңыз!

Morning all.  It’s summertime and it’s time to wrap things up.  Tomorrow, you will be getting our final podcast for the season – an interview with Yale Professor Zachary Bleemer on the upcoming US Supreme Course decision on university admissions (it’s a good one!).  But today is the last post of year 12 (time flies!) of the blog, and tradition demands I give a summing up and a look forward.  The summing up is pretty simple.  When people look back

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What Six Questions Tell Us About the Ontario Government

In the final scenes of the 1991 movie The Russia House, as Sean Connery is about to give “the shopping list” – a comprehensive list of questions about Soviet rocket technology – to what MI6 and the CIA believe is a potential Russian defector, there’s a conversation between a young agent and Edward Fox, who plays Sean Connery’s handler. “Sir, the shopping list.  It’s only questions isn’t it?  It wouldn’t tell anyone anything?” “Everything.  It would tell what we know

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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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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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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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