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 dramatically transform the communities in which they are rooted – socially, culturally and economically – through running community-based programs, leading life-changing research and fostering a culture of volunteerism and community service.

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Social & Economic Impact

Contribution to Economy & Jobs

Ontario universities are invaluable contributors to the economy, injecting billions of dollars into local communities each year and creating hundreds of thousands of direct and indirect jobs. Universities 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

Ontario universities are leaders in environmental sustainability, producing crucial research on environmental issues, adopting sustainable policies and greening 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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Resources

Questions & Answers

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

Ontario’s universities launch commitments to Partner for a Better Future for Ontario in new report November 28, 2017

Ontario’s universities laid out today their role as active and willing partners in securing a more vibrant and prosperous future for students, communities and the province, in a new report called Partnering for a Better Future for Ontario.

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Excellence in Ontario university research honoured as the Polanyi Prizes turn 30 November 15, 2017

The Polanyi Prizes celebrate today three decades of recognizing ground-breaking Ontario university research, with the announcement of the five 2017 winners of the prestigious prize honouring Ontario’s Nobel winner, John Polanyi.

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Ontario students and post-secondary institutions make immediate call for new, integrated mental health strategy November 2, 2017

Ontario’s students, colleges and universities are calling on the province to take immediate action on the growing problem of student mental health with an integrated strategy that begins in kindergarten and continues through high school, post-secondary life and adulthood.

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Ontario’s universities welcome new investment in STEM graduates to boost talent pipeline October 18, 2017

Universities are pleased to partner with the Ontario government to increase the number of postsecondary students graduating in STEM by 25 per cent over the next five years, as Ontario positions itself as the single largest producer of postsecondary graduates in science, technology, engineering and math per capita in North America.

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