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Category: Funding and Finances

Comparing Provincial Expenditures on Post-Secondary Education

Answering the question of which provincial government spends the most on post-secondary education is trickier than it looks.  Not only do provinces differ in size (Ontario is roughly 95 times the size of Prince Edward Island), but they differ in terms of post-secondary participation rates, they differ in terms of the types of institutions they fund, and of course they differ in wealth and fiscal capacity.  So how can one sensibly compare these things? (For those of you with sharp

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October 24, 2018 2 Comments

That Fiscal Sustainability Report

A few weeks ago, the Parliamentary Budget Office put out a report (available here) on the sustainability of public finances.  It’s an excellent little report, with some key implications for post-secondary institutions across the country.  Today, I will discuss  two points in particular. The first key point has to do with the long-term sustainability of the finances of each level of government.  Though this is poorly understood, the two levels of government have i) different sources of revenue and ii) different

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October 23, 2018 No Comments

History of Canadian PSE Part V (to 1993)

The economic and fiscal history of Canada from the early 70s to the mid-90s is one long, bad disaster movie (the Cassandra Crossing, say).  Unemployment went over 6% in 1974 and didn’t come back down to that level until 2008.  For nearly all of the 1980s, it was over 8% and from 1982 to 1994 it was over 10% half the time.  The Keynesian medicine that was supposed to get us out of such messes simply did not work because

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October 11, 2018 1 Comment

History of Canadian PSE Part IV (to 1974)

Morning all.  Since people seem to like these history pieces so much, I’ve decided to get us mostly caught up to the present day in one go.  Hope you enjoy! The period roughly from 1959 to the oil crisis of 1973-74 is rightly thought of as a Golden Age for higher education in Canada, much as it is in the United States.  Universities ballooned in size and gradually became more research-intensive.  A new class of institutions, community colleges, were added

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October 10, 2018 1 Comment

The Return of Peter Nicholson

Peter Nicholson occupies a very odd place in Canadian policy circles.  There are not many people as smart as him who are as little known outside Ottawa as they are influential within the capital.  So, when he speaks it is always worth listening because you know the senior folks in Ottawa are doing so. Last week, Nicholson wrote a stem-winder of a piece for IRPP. You should read it in full, but let me give you the Coles notes version: Canada

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October 9, 2018 4 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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