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1. Finance

Tables

1.1 Community College Revenues, 2014-2015

In 2015, community college revenues in Canada were more than $10.8 billion, an increase of 1.9% from 2014.

1.2 Community College Expenditures, 2014-2015

Community college expenditures in Canada, in 2015, totalled more than $10.8 billion, an increase of 2.8% from 2014.

1.3 University Revenues by Province 2014-2015

Total university revenues in Canada in 2015 were $35.5 billion, an increase of 2.4% from revenues received in 2014.

1.4 University Expenditures, Canada 2014-2015

Total university expenditures in Canada in 2015 were $33.5 billion, an increase of 1.7% from 2014 expenditures.

1.5 Proportion of Public and Private Funding in the Post-Secondary Sector, Selected OECD Countries

Canada relies on private sources of funding for post-secondary education to a much greater degree than most other OECD countries. In 2012, only 51.9% of funding for post-secondary education in Canada came from public sources, ranking Canada 15th of 20 nations reporting.

Figures

1.1 Federal Cash Transfers for Post-Secondary Education (% GDP)

Federal government cash transfers for post-secondary education in Canada, when measured as a proportion of GDP, have declined by 50% between 1992-1993 and 2014-2015.

1.2 Government Funding as a Share of Community College Operating Income

In 2014-2015, government funding as a share of total community college operating revenues averaged 61.7% in Canada. Government funding ranged from a low of 44.4% in Ontario to a high of 94.3% in Nunavut.

1.3 Post-secondary Tuition as a Share of Community College Operating Revenue

Post-secondary tuition revenues at Canadian community colleges averaged 17.8% of community college operating revenues in 2014-2015.

1.4 Total Tuition as a Share of Community College Operating Revenue

In 2014-2015, total tuition revenues at at Canadian community colleges averaged 26.5% of community college operating revenues. Tuition revenues as a proportion of operating revenues ranged from a high of 41.0% in Ontario to a low of 2.2% in Nunavut.

1.5 Government Funding as a Share of University Operating Revenue

In 2014-2015, government funding as a share of total university operating revenues in Newfoundland and Labrador was 79.8%, the highest proportion of government funding in Canada. In contrast, Ontario had the lowest proportion of government funding as a proportion of operating revenues, at only 39.3%.

1.6 Tuition as a Share of University Operating Revenue

Over the past 30 years, university tuition revenues have provided an increasing proportion of university operating revenues across Canada. In 2014-2015, tuition revenues in Ontario accounted for 52.4% of operating revenues in the province, the highest proportion in Canada by a significant margin. In contrast, tuition revenues in Newfoundland and Labrador only contributed 12.6% to provincial operating revenues, by far the lowest in the country. This can be explained by the tuition freeze that has been in effect in that province for several years.

1.7 Government Funding and Tuition as a Share of University Operating Income

Canadian universities are relying increasingly on private income sources, primarily in the form of university tuition fees, to fund university operating revenues. Between 1985 and 2015, the proportion of university operating revenue provided by government sources declined from 81% to 50%, while the proportion funded by student tuition fees has increased from 16% to 41%.

1.8 Changes in Spending on Academic Rank Salaries vs. Total University Expenditures

Total Canadian university expenditures have increased dramatically over the past 30 years and at a rate significantly higher than expenditures on academic salaries. Between 1985 and 2015, total university expenditures increased by 179%, calculated in constant dollars. Over the same time period total expenditures in real dollars on academic rank salaries at Canadian universities increased by only 97%. Despite the significant increase in university spending over the past 30 years, spending on academic salaries as a proportion of total university expenditures has declined steadily during this period. In 2015, spending on academic rank salaries represented only 21% of university expenditures, down from 29% in 1985.

1.9 Proportion of Public and Private Funding in the Post-Secondary Sector, 2013

Canada relies on private sources of funding for post-secondary education to a much greater degree than most other OECD countries. In 2012, only 51.9% of funding for post-secondary education in Canada came from public sources, ranking Canada 15th of 20 nations reporting.

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