The education sector accounted for about 8% of total employment in Canada. Universities and colleges employed 420,500 persons in 2016.
In 2015, there were 120 recognized public and not-for-profit private universities in Canada. There was also one recognized private university. In total, 132 public and 27 not-for-profit community colleges were given authorization to grant diplomas, credentials, or degrees.
At the end of 2016, Canadian universities and colleges had accumulated more than $17.4 billion in endowment funds, calculated at market value, an increase of 6% from 2015.
This table reports student/faculty ratios for full-time university teachers by institution in 2013-2014.
In 2013-14, there were more than 1.07 million FTE students registered in Canadian universities. The largest number of FTE students were registered at the University of Toronto (78,246), followed by the Université de Montréal (53,565).
The largest percentage increase in FTE student enrolment in 2013-2014 occurred at Athabasca University (+45%), while the largest decrease in enrolment in 2013-2014 was experienced by Ambrose University College (-12%).
Canada’s reported university student-teacher ratio of 14.3 was slightly lower than the OECD average of 17.0 in 2014.
In 2013-14, there were more than 556,000 FTE students registered in Canadian community colleges. The largest number of FTE students were registered at the George Brown College of Applied Arts and Technology (24,916), followed by the Humber College of Applied Arts and Technology (24,216).
In 2013, the average salary and benefit packages paid to university presidents in Canada were $295,028 for reporting institutions. The highest paid Canadian university president now receives almost $600,000 in salary and benefits.
In 2014, the average salary and benefit packages paid to college presidents in Canada were $270,953 for reporting institutions. The highest paid Canadian college president received almost $585,000 in salary and benefits in 2014.
Canada’s population is very well-educated when compared to citizens of other OECD countries. In fact, at 62%, Canada leads all OECD countries in the proportion of its population that has successfully attained a college or university education by a significant margin.