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Category: Funding and Finances

Ontario’s PBF System: Much Ado About Nothing

Morning all.  Last week, the Government of Ontario published all the new Strategic Mandate Agreements (SMAs) that it signed with the province’s 40-odd universities and colleges.  Included in each of these documents were key information around the “Revolutionary” Performance-Based Funding system announced in April 2019.  This was important first because it confirmed the indicators in use (in the entire 20 months since the PBF was announced, the government never publicly stated what the indicators would be: appallingly, everything we have known about

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December 2, 2020 2 Comments

How’s the Alberta PSE Re-Think Going? (Part 2)

Yesterday, I discussed the mechanics of the Alberta 2030 report that McKinsey is producing.  Today, I want to talk about where the review seems to be heading.  One kind soul provided me with a briefing paper of a recent roundtable which highlights “Emerging Goals” that are coming out of the exercise.  Allow me to summarize: The document suggests four “big goals” (Improve Access & Strengthen the Student Experience, Develop Skills for Jobs, Strengthen Innovation and Commercialization, Improve Internationalization) and two “enablers”

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November 11, 2020 1 Comment

How’s the Alberta PSE Re-Think Going? (Part 1)

You may remember that in the Spring, that Government of Alberta signed a contract with McKinsey to conduct a big review of Post-Secondary Education in the province.  I want to check in on how that’s going.  Today, I’ll look at the process; tomorrow I’ll look at what conclusions the government (or McKinsey – it’s hard to tell) is coming to.  Ready?  Then I’ll begin. Based on the Request for Proposals the province released back at the start of this process in March

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November 10, 2020 No Comments

Arresting Decline

As I noted yesterday, the Canadian post-secondary sector seems to be in a deep public funding rut. We’re in the 12th year of flat budgets, and no political party – whether in government or opposition – seems inclined to reverse this.  What to do?   Well, in the strategic planning business, the first thing you look for are goals.  The second thing you look for are barriers to those goals.  So, let’s try that out by confronting why no government wants to

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October 22, 2020 3 Comments

Canadian University Expenditures, 2018-19

Ok, after nine years of this blog, you all know the drill.  Yesterday was about university income trends, so that means today covers expenditures.  Let’s start by looking at expenditures by type.  Universities are labour-intensive places, with 59% of total expenditures devoted to compensation of one sort or another (if we were to look just at operating expenditures, it would be higher).  About 10% goes into new buildings, building renovations, utilities and general upkeep.  Another ten percent is devoted “buying stuff” (materials,

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October 14, 2020 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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