Category: Data

What Ottawa Spends

The Parliamentary Budget Officer did everyone a solid yesterday by publishing a really helpful compilation of federal government expenditures on higher education. According to the publication, the Government of Canada in 2013-14 spent $12.3 billion on post-secondary education (not including money for apprenticeships, training programs or labour market agreements; that includes $5.1 billion for “human capital measures”, which is mostly Canada Student Loans and Tax Expenditures of various kinds, $3.5 billion for research, three-quarters of which is from the granting

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An Orgy of Bad Policy in Saskatchewan

Two weeks from today, voters in Saskatchewan go to the polls.  You may be forgiven for not having noticed this one coming since it has barely registered in the national press.  And that’s not just because of the usual central Canadian obliviousness, or because it’s a fly-over province; it’s also because this is one of the least competitive match-ups since…. well, since the last time Brad Wall won re-election.  CBC’s poll currently gives the Saskatchewan Party a 25 point lead

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ECE Contributions vs. PSE Contributions

Morning all.  Today, HESA is releasing a paper called “What We Ask of Parents: Unequal Expectations for Parental Contributions to Early-Childhood and Post-Secondary Education in Canada”, by Jacqueline Lambert, Jonathan Williams, and me.  The gist of it is: “Holy cow, we ask parents to contribute a lot more to ECE than PSE – why is that?” You can click here to read the whole report, or you can see the short version as an op-ed in today’s Globe and Mail.  What I want to

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Some Curious Student Loan Numbers

Every once in awhile, it’s good to go searching through statistical abstracts just to see if the patterns you take for granted can still be taken for granted.  So I recently went hunting through some CSLP annual reports and statistical abstracts to see what I could find.  And I’m glad I did, because there are some really surprising numbers in the data. So here’s the really big take-away: the number of students borrowing from the Canada Student Loan Program rose from 365,363

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Marginal Costs, Marginal Revenue

Businesses have a pretty good way of knowing when to offer more or less of a good.  It’s encapsulated in the equation MC = MR, and shown in the graphic below.                 Briefly, in the production of any good, unit-costs fall to start with as the benefits of economies of scale start to rise.  Eventually, however, if production is expanded far enough you get diseconomies of scale, and the marginal cost begins to rise.  Where the

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