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Category: Canada

What Really Happened During COVID? Part 2

Yesterday, we examined student income during COVID.  On aggregate, income might not have dropped at all once the Canada Education Student Benefit is taken into the equation, though there was probably some re-distribution of money away from students who work summers to those who don’t.  Today, I want to look at what happened to institutions in the pandemic, because again the picture painted by the data emerging from institutional financial statements is quite different from the conventional wisdom about what

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October 6, 2021 2 Comments

What Really Happened During COVID? Part 1

I’ve been puzzling over some Statscan data over the last few days, trying to make sense of what happened to the youth labour market during COVID.  And it’s…well, it’s pretty odd.  Not the story you usually hear. Let’s start with what happened to labour market participation.  Figure 1 shows the monthly employment rates for full-time students, comparing the 2020 and 2021 results (at least up to August of this year) to the average of the years 2016 through 2019.  What

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October 5, 2021 No Comments

Inter-provincial Differences in Borrowing and Debt

I recently published some time series data on student debt in Canada, to wit: Figure 1: Average Student Debt at Graduation, Various Sources in constant $2021, Canada, 1982-2021 *indicates data from the Canada University Consortium; otherwise data is from the National Graduates’ Survey As is often the case, national figures obscure provincial differences. So today I wanted to put some data out there to provide those nuanced regional figures. Let’s start with the issue of annual borrowing.  In Figures 2

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October 4, 2021 1 Comment

Yawn

So, did anything happen last night? Kidding.  Of course it didn’t.  We’re in for another minority parliament led by Liberals who will claim to have listened to Canadians, look to make Parliament work, etc. right up until the moment, 18-24 months from now, when they go back to the polls yet again looking for a majority.  So, what does this mean for policy in Canada and specifically our favourite areas of higher education, science and innovation?  Well, I don’t think

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September 20, 2021 1 Comment

Interpreting the Manifesto Commitments

Morning all.  Today’s the day where I try to sum up and compare what the various parties are promising in different areas and what that likely means for the sector.  For greater detail on individual party platforms for PSE, you may wish to consult the previous analyses: Conservative, NDP, Liberal and Green. Let’s start with the issue of transfers to provinces.  In previous years, but particularly in the two decades following the major cutbacks embedded in the Liberal government’s 1995

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September 16, 2021 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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