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Category: Funding and Finances

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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February 8, 2022 5 Comments

Community College Revenues, 2019-20

I haven’t looked at community college finances recently and Statistics Canada just released the most recent FINCOL survey data, so it’s good time to return to the subject.   I’ll stay focussed on the revenue side rather than the expenditures side, because frankly it is a lot more interesting (the expenditure side does not change much year to year and if you really want to examine that, take a look at Chapter 3 of The State of Post-Secondary Education in Canada,

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February 1, 2022 No Comments

Tracing Laurentian’s Path Part 3 : 2020/21

Laurentian was the first public university in Canada to close its campus in reaction to COVID.  On March 11, after the first case was identified, the institution decided to move to teaching at a distance.  Almost immediately, the consequences of COVID came into view.  The university had anticipated going into the new fiscal year with a combined $40 million in net deficits, line of credit owing, and “internal borrowing”, and now it was $45 million, with projected losses (at the

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January 19, 2022 No Comments

Tracing Laurentian’s Path Part 1 : The Building Spree

Morning all.  It’s been just over a year since the Laurentian University President and Board of Governors made the decision to declare insolvency.  Largely because of the institution’s decision to maintain radio silence with its own community and with journalists it doesn’t feel it can handle, there are major aspects to this story where we still do not have a complete picture of what happened, either in the long term (how did Laurentian get into this pickle) or the short-term

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January 17, 2022 11 Comments

Victory

Morning everyone.  Ready for another term of being trampled by a goddamn virus?  Me neither.  Still.  Onwards. Towards the middle of December, the Prime Minster’s Office released mandate letters for all cabinet ministers.  Yes, a mere three months after voting day, a meager 18 weeks after Parliament was dissolved for an incredibly urgent election, “the most consequential election of our lives”, the Prime Minster finally figured out what it was that he wanted his cabinet to do.   Better late than

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January 10, 2022 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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