Category: Canada

New Ways of Looking at Institutional Revenues

Just a quick blog today as things are kind of hopping at HESA Towers this week (literally, in the sense that the floor shakes a bit with the new construction).  It’s about how to measure revenue in Canadian higher education. Long-time readers are used to me publishing data like that in Figure 1, which shows provincial government expenditure per student.  The usual conclusion everyone draws from this graph is “holy cow, Ontario is run by monsters” (to which the answer

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A Long-Term View of Student Financial Aid in Canada

Over Xmas, someone asked me on Twitter whether student loans were replacing direct government support as a main source of public assistance.  I answered, no, direct government support either from the feds (mainly through research and infrastructure) or the provinces (operating grants), are worth about five times more that the annual value of student loans.  To wit, Figure 1. Figure 1: Annual Student Loan Disbursements vs. Total Government Transfers to Post-Secondary Institutions, Canada, 1989-90 to 2019-20, in constant $2019 Millions

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Funny Math in Alberta

Many of my Canadian readers will likely have read a piece that has been circulating on the internet from Kim Siever, a self-described leftist internet journalist from Lethbridge.  The headline says it all: UCP Government to Cut Post-Secondary Spending by $1.5 Billion; That Number Rises to $3.5 Billion if you Factor in Inflation and Population Growth.  You know how I am always on about Economic Impact Analyses always being forms of competitive counting? Methodologically speaking, this is worse. Ok, so here’s

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StatsCan Enrolment Day 2021

Last Wednesday was StatsCan Enrolment Day, 2021.  Now, this does not of course mean that we now have data on enrolments for 2021.  That won’t happen for another couple of years.  No, what it means is that we have data for 2019-20, so we are only about 25 months behind reality instead of the 37 months behind that we were last Tuesday. (StatsCan is capable of faster work.  Heck, it can get university tuition fee increases more or less right

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UBC Expanding

A couple of weeks ago, the University of British Columbia issued a press release, which read: The University of British Columbia is expanding its presence south of the Fraser River with the $70-million purchase of a property in Surrey. Whoo!  Big bucks!  Can’t go wrong buying property in the Lower Mainland, right?  Seems like this could just be a good long-term financial play. I mean, why tie up your investments entirely in equities when property is so hot?          UBC

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