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Canada’s quiet economic driver: Universities and colleges

Friday, May 1st, 2026

Universities and colleges lead the way on driving economic growth: Universities and colleges’ economic output was worth $61 billion in 2025, which was 2.1 per cent of Canada’s total GDP—just $5 billion behind residential building construction, much more than all oil sands extraction ($49 billion), and almost twice as much as mining or transportation manufacturing (at $33 billion each)… Despite only making up about two per cent of Canada’s economy, the post-secondary education sector represents over 34 per cent of all research and development, which was much higher than Canada’s peer countries.

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In the Ontario election, we’re not talking about money—which the province urgently needs

Wednesday, February 26th, 2025

Ontario is a rich province. We have the resources, but the provincial government needs to act with resolve in collecting revenue and investing it… Ontario also raises less revenue than almost all provinces on a per capita basis. Every year, it raises $2,400 less in revenue per person than British Columbia and $4,100 less than Quebec… Ontario’s low revenues mean less funding for public services

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