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

The Council of Ontario Universities released the results of a new economic impact report that highlights how Ontario’s universities serve as powerful economic engines, fueling prosperity not just for the province but for the communities they serve.
New Report Highlights Ontario Universities’ Economic Impact, but Their Footprint in Communities Goes Much Farther July 18, 2017

The Council of Ontario Universities released the results of a new economic impact report that highlights how Ontario’s universities serve as powerful economic engines, fueling prosperity not just for the province but for the communities they serve.

Read more
Universities across Ontario are opening their doors to their communities this summer as host to a variety of summer camps and youth mentorship programs.
Ontario Universities Open Their Doors for Summer Camps in STEAM July 12, 2017

Universities across Ontario are opening their doors to their communities this summer as host to a variety of summer camps and youth mentorship programs.

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Planning an accessible event? Wondering how to make a science lab accessible to people with disabilities? You can find answers to these questions and much more on AccessibleCampus.ca, a web resource for Ontario university communities, which has been redesigned and relaunched in celebration of National Access Awareness Week.
Universities at forefront of a more accessible future for Ontario learners May 31, 2017

Planning an accessible event? Wondering how to make a science lab accessible to people with disabilities? You can find answers to these questions and much more on AccessibleCampus.ca, a web resource for Ontario university communities, which has been redesigned and relaunched in celebration of National Access Awareness Week.

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Did you know, starting this September, students with financial need from families with incomes of less than $50,000 per year will have average tuition fully covered by the Ontario Student Assistance Program (OSAP)?
Why paying for tuition no longer means carrying a pesky monkey on your back May 16, 2017

Did you know, starting this September, students with financial need from families with incomes of less than $50,000 per year will have average tuition fully covered by the Ontario Student Assistance Program (OSAP)?

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News Releases

Top Scholars Helping Improve Lives for People with Autism June 14, 2017

As autism spectrum disorders (ASD) continue to rise, Ontario’s universities are committed to educating and training the highly skilled researchers who are essential in finding new ways to treat the disorder and provide support to our communities in building a better future for Ontario.

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Carleton University Appoints Alastair Summerlee as Interim President and Vice-Chancellor May 16, 2017

Carleton University’s Board of Governors is pleased to announce the appointment of Alastair Summerlee as Carleton’s new interim president and vice-chancellor.

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Hamilton patient first to receive experimental immunotherapy for cancer May 8, 2017

A Hamilton patient is the first trial participant to receive a novel experimental immunotherapy treatment for lung cancer.

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