How Universities Are Becoming More Labour-Intensive
Yesterday, I showed how universities in New Brunswick were – despite welcome new promises of stable funding from the provincial government – facing problems because salary increases were going to eat all the available new money. Some of you possibly thought I was being alarmist. But it’s easy enough to show how this can happen. In Ontario, it already has. For data here, I pulled the financial statements for the last five years at the “Big 8” (Toronto, Waterloo, Western,