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Category: Canada

Canadian University Finances 2016-17 (Expenditures)

[the_ad id=”11745″] Good morning.  Yesterday, I took a look at some recent trends in income at Canadian universities; today I want to take a look at what is happening on the expenditures side. Let’s start by looking at something really important, which is the difference between total expenditures and operational expenditures.  In a normal year, operating budgets are 60-66% of total budgets.  A little more than half of the non-operating funds go to research, and the rest is split between

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September 5, 2018 No Comments

Back to School 2018

Morning all.  Welcome back.  Everyone emotionally prepared for the semester?  No, me neither. So, it’s been an eventful summer.  The Saudi spat was most unfortunate: several thousand lives disrupted and a short-term hit of about $140 million to Canadian universities and colleges (they’ll make it all up on next year’s intake).  There’s some buzz around Ottawa on next year’s (pre-election) budget, particularly with respect to Indigenous education, something I’ll be talking about over the next couple of weeks.  And, of course, the Future Skills Centre (formerly

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August 27, 2018 No Comments

Savings Plans

[the_ad id=”12755″] One of the unique aspects of Canada’s higher education funding system is its regime of Registered Education Savings Plans (RESPs) and various kinds of public subsidies to these plans – the Canada Education Savings Grant (CESG), the Alternative Canada Education Savings Grants (A-CESG) and the Canada Learning Bond.  What are all these things, and do they work as intended? Let’s start with RESPs, which are simply accounts in which interest and capital gains are allowed to accumulate tax-free. 

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June 20, 2018 No Comments

A Decline in Apprenticeships?

[the_ad id=”12709″] A few years ago, I made the observation that Canada’s big run-up in apprenticeship numbers was highly correlated with the commodity price super-cycle (in particular, the price of oil) and that an era of low energy/commodity prices might lead to a big decrease in demand for apprentices.  Time to check on that prediction. So, first thing to note is that apprentice numbers are down a bit over the last couple of years.  Probably not as much as expected if one

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June 14, 2018 1 Comment

Aurora College

The Government of the Northwest Territories published a Foundational Review of Aurora College, which is causing something of a stir north of 60.  Recent times have not been good for the college.  In early 2017, there was pressure from the Government to cut Social Work and Teacher Education programs (a decision later rescinded); soon afterwards the Government eliminated the college’s entire Board of Directors and replaced it with a single administrator before the review (one suspects there are a lot of stories here, but NWT

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June 12, 2018 1 Comment
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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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