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Category: Funding and Finances

Ontario Government Announces Huge Increase in International Student Numbers

[the_ad id=”11745″] Last week, freshman Ontario Finance Minister Vic Fedeli appeared before the Economic Club in Toronto and, reading from the best-selling book “Oh My God Who Knew the Previous Government Left the Finances in Such Terrible Shape: A Guide to Your First Provincial Budget”, announced that the actual, real, pinkie swear, true budget deficit for this year was $15 billion rather than $6 billion and that to help close the gap, Ontario colleges and universities would be asked to increase

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September 25, 2018 No Comments

Comparing College and University Funding

[the_ad id=”11745″] While I was putting together The State of Post-Secondary Education, 2018 I did a simple comparison looking at provincial government funding for universities and colleges, using data from FIUC and FINCOL (the Statscan surveys of the finances of universities and colleges, respectively)  Here’s what I found: Figure 1: Provincial Government Funding per Full-time Equivalent Student, 2015-16 I had a hard time believing this relatively small gap was actually true: everybody knows universities get more money from governments than colleges, right? But I

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September 13, 2018 1 Comment

Canada’s Well-funded and Highly Equitable PSE System

Yesterday was Education at a Glance release day.  That’s usually the time when I take a look at the latest data from across the OECD  and point out that in fact we in Canada have it pretty good.  Or, at least that was the piece I expected to be writing yesterday morning.  Until I found out that Canadian data was missing from more than just the usual number of tables.  Statscan was more annoying than usual this year, which means

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September 12, 2018 No Comments

Canadian University Finances 2016-17 (Expenditures)

[the_ad id=”11745″] Good morning.  Yesterday, I took a look at some recent trends in income at Canadian universities; today I want to take a look at what is happening on the expenditures side. Let’s start by looking at something really important, which is the difference between total expenditures and operational expenditures.  In a normal year, operating budgets are 60-66% of total budgets.  A little more than half of the non-operating funds go to research, and the rest is split between

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September 5, 2018 No Comments

Canadian University Finances 2016-17 (Income)

So, the 2016-2017 Financial Information of Universities and Colleges came out in July, and as usual I’ve got some highlights for you. This year, we’ll be doing this as a two-parter, one on income (today) and one on expenditure (tomorrow). For those of you looking for data on community college expenditures, I’m afraid you’ll have to wait a few months – Statscan typically doesn’t release that data until December (but rest assured I will cover it when the time comes).

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September 4, 2018 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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