Category: Funding and Finances

OECD Education at a Glance 2024, Part 2

Last week, I showed you some of the coolest data from the new edition of the OECD’s Education at a Glance. However, I didn’t do anything on finances because I was not sure about the Canadian numbers (I’m still deeply puzzled by the numbers in a couple of other countries), but thanks to some very helpful folks at StatsCan, I now understand what is going on and it’s just probably quite bad news for Canada. Let’s start with looking at

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The Eighth Wonder of the World: Ontario College Finances to 2023-24

Over the summer some of the HESA team went through the financial statements of the 24 Ontario Community Colleges for both 2022-2023 and 2023-24 statements. It’s…well, pretty wild. Ontario colleges were going after international students pretty heavily before COVID. But in the two years since the pandemic mostly subsided, the numbers are crazy. We don’t know exactly how crazy because the Government of Ontario, in an amazing show of either incompetence or gutlessness, is now five months late in releasing

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The Memory Hole

It should come as a surprise to no one (at least no one who has not been sheltering under a rock for the past couple of years) that Canadian universities are in for a serious bout of belt tightening. Not everywhere, and not all to the same extent. But the math is pretty simple: the international tuition fee gravy train has come to a halt and no provincial government seems willing to replace this income, either through higher block grants

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Eating the Future

As anyone who was alive at the time knows, if you want to pick a decade when Canada was at its nadir, it was the 1990s. We managed to have a currency crisis, a fiscal crisis, a national unity crisis, and a recession which basically lasted seven years. It was bleak, bleak, bleak. But in one very important way, it was better than today. Because at least, even though we were broke (both Saskatchewan and Newfoundland flirted with bankruptcy in

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The State of Postsecondary Education in Canada, 2024

Morning all. It’s the Wednesday after Labour Day and that means, as usual, that it’s release day for The State of Post-Secondary Education in Canada, by Janet Balfour and yours truly (with a big assist from Jiwoo Jeon). You can download it in all its glory here. In many recent years, I have used this document to talk about international students and the increasing role they play in Canadian post-secondary finance, but I figure you guys have probably heard that

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