Economic Impact

Quick facts about the economic impact of Ontario's universities

The estimated annual economic impact of Ontario’s universities in the province1

The total spending related to university activities in the Ontario economy. 1

The number of full-time equivalent jobs in Ontario that are created as a result of the spending of Ontario's universities in the provincial economy1

The amount of GDP attributable to human capital development, estimated as the premium income of university alumni1

The amount of GDP resulting from increases in total factor productivity due to research and development activities1

The percentage of research undertaken by Ontario universities of all research undertaken in Ontario1