Social & Economic Impact

The social and economic impact of Ontario universities is evident across the province. University students and graduates are bringing their knowledge, energy and skills to the workforce, while faculty conduct research that transforms the way people live, work and play. Universities are fostering entrepreneurship, promoting environmental sustainability, supporting community development and providing billions of dollars of economic impacts.

Read more about the social and economic impact of Ontario universities by checking out the categories below.

Social & Economic Impact

Community Transformation

Ontario’s universities are partnering to help create a better future for the communities in which they are rooted – socially, culturally and economically – through running community-based programs, conducting important research and fostering a culture of volunteerism and community service.

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Social & Economic Impact

Contribution to Economy & Jobs

Ontario universities contribute widely to the economy, injecting billions of dollars into local communities each year and creating hundreds of thousands of direct and indirect jobs. Universities are partnering to help build the talent and skills of Ontario’s future workforce, with our graduates experiencing some of the highest employment rates and earnings across all education levels.

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Social & Economic Impact

Efficiency

Ontario universities are committed to transparency, accountability and efficiency in all of their financial matters. Efficiency is central to the financial management decisions at Ontario universities, as we educate more students with less provincial funding per student than universities in any other province. The audited financial statements of all publicly-assisted Ontario universities can be accessed and reviewed by the public.

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Social & Economic Impact

Entrepreneurship

Economists say entrepreneurship is vital to economic recovery, and it’s thriving at Ontario universities with thousands of students learning how to create their own jobs and jobs for others.

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Social & Economic Impact

Environmental Initiatives

Universities are partnering for a green, environmentally-secure future for Ontario, producing important research on environmental issues, adopting sustainable policies, greening campus buildings, and encouraging awareness campaigns and initiatives around environmental causes.

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Social & Economic Impact

Infrastructure

Ontario universities are committed to delivering a world-class education to our students, and to ensuring our university buildings provide modern and cutting-edge classrooms, labs and libraries that will best prepare students to succeed in their careers.

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Social & Economic Impact

Value of a University Degree

A university degree is an investment that keeps on giving. Whether it be its value in increasing employability and earnings in the job market, improving personal health outcomes, or building social capital in communities, a university degree benefits its graduates and opens the door to endless opportunities.

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Ontario Universities Blog

Ontario’s universities recognize that they need to work together with government, municipalities, and the public and private sector to make progress in cutting emissions and harnessing the power of new, clean technologies.
Working together for a cleaner, sustainable future December 7, 2017

Ontario’s universities recognize that they need to work together with government, municipalities, and the public and private sector to make progress in cutting emissions and harnessing the power of new, clean technologies.

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Each year, the Government of Ontario awards a prize of $20,000 to five young researchers who are carrying out exceptional work in the areas of Physics, Chemistry, Physiology/Medicine, Literature and Economic Science. This year marks the 30th anniversary of the Polanyi Prizes, which were established by the provincial government in honour of the achievement of John Charles Polanyi, recipient of the 1986 Nobel Prize in Chemistry.
John Charles Polanyi Prizes Turn 30 December 4, 2017

Each year, the Government of Ontario awards a prize of $20,000 to five young researchers who are carrying out exceptional work in the areas of Physics, Chemistry, Physiology/Medicine, Literature and Economic Science. This year marks the 30th anniversary of the Polanyi Prizes, which were established by the provincial government in honour of the achievement of John Charles Polanyi, recipient of the 1986 Nobel Prize in Chemistry.

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On November 17, university leaders and experts came together at a Council of Ontario Universities forum, the Experiential Learning Best Practices Exchange, to discuss the importance of experiential learning.
Experiential Learning: Connecting the Classroom to Future Careers November 23, 2017

On November 17, university leaders and experts came together at a Council of Ontario Universities forum, the Experiential Learning Best Practices Exchange, to discuss the importance of experiential learning.

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The College Student Alliance, the Ontario Undergraduate Student Alliance, Colleges Ontario and the Council of Ontario Universities have come together to develop an action plan on post-secondary student mental health.
Ontario’s students, colleges and universities call for action on student mental health November 2, 2017

The College Student Alliance, the Ontario Undergraduate Student Alliance, Colleges Ontario and the Council of Ontario Universities have come together to develop an action plan on post-secondary student mental health.

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News Releases

Universities look forward to working with Premier Ford’s first cabinet to build a better future for the people of Ontario June 29, 2018

Ontario’s universities congratulate the ministers sworn in today to the cabinet of Premier Doug Ford, and we look forward to working with the new government as partners in building a better future for the people of Ontario.

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Honouring research to improve life for young people with autism June 27, 2018

Patrick Jachyra, a PhD candidate at the University of Toronto, and Kaitlyn Parks, a Master’s student at Western University, are the 2018 recipients of the Council of Ontario Universities’ Autism Scholarship Awards.

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Ontario’s universities congratulate Doug Ford and the PCs on winning the provincial election June 8, 2018

Ontario’s universities congratulate Premier-elect Doug Ford and the Progressive Conservative Party on a successful campaign in the provincial election. We look forward to partnering with the new government to help create a better future for students, communities and the province.

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Universities on Budget 2018: Strong postsecondary institutions will ensure a strong Ontario March 28, 2018

Ontario universities appreciate that today’s budget recognizes that one of Ontario’s strongest assets is our people, and that postsecondary education is key to a better future for our students, communities and the province.

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