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 Research Chair Bill Anderson wants to level your playing field by answering a deceptively simple question: “How can we make the border work better?” With a newly installed U.S. president skeptical of the benefits of international trade, the question is more timely than ever.
Building better borders: University of Windsor prof aims to make international trade efficient March 15, 2017

Ontario Research Chair Bill Anderson wants to level your playing field by answering a deceptively simple question: “How can we make the border work better?” With a newly installed U.S. president skeptical of the benefits of international trade, the question is more timely than ever.

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Through groundbreaking research and innovative new projects, and by growing advocacy and forging partnerships, Ontario’s universities continue to demonstrate their commitment to bettering the world we live in.
Ontario Universities Strengthen Commitment to Going Green November 29, 2016

Through groundbreaking research and innovative new projects, and by growing advocacy and forging partnerships, Ontario’s universities continue to demonstrate their commitment to bettering the world we live in.

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Ontario universities are excited to spark a conversation about the future. Over the coming year, all 21 Ontario universities will be in their communities asking for your insights.
Futuring with COU President David Lindsay September 30, 2016

Ontario universities are excited to spark a conversation about the future. Over the coming year, all 21 Ontario universities will be in their communities asking for your insights.

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As convocation season comes to a close and undergraduates decide whether to launch into the work world, or to continue their studies, Jordan Wilcox, a PhD graduate of the University of Guelph, tells us how he has benefited from his choice to go to graduate school.
How I made It: A Successful Guelph PhD Grad Shares His Story July 6, 2016

As convocation season comes to a close and undergraduates decide whether to launch into the work world, or to continue their studies, Jordan Wilcox, a PhD graduate of the University of Guelph, tells us how he has benefited from his choice to go to graduate school.

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News Releases

McMaster answers global call to promote health of people, places, planet March 14, 2017

McMaster has joined the world’s health-promoting universities and colleges in signing the Okanagan Charter, dedicated to advancing human and societal health and wellbeing.

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Amazon backs Waterloo student program to advance operational AI March 7, 2017

Engineering students at the University of Waterloo will apply classroom lessons in artificial intelligence (AI) to help develop new uses for a voice-activated virtual assistant system in a program funded by Amazon.

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Researchers find new way to kill world’s worst superbugs March 6, 2017

McMaster researchers have found a new way to treat the world’s worst infectious diseases, the superbugs that are resistant to all known antibiotics.

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York University Announces New President and Vice-Chancellor March 1, 2017

“Rhonda Lenton is a proven leader and will chart a successful course for York University’s next five years,” said Mr. Waugh.

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