An affiliate of the Council of Ontario Universities, COFO prepares an annual financial report on sector financial details that extends the sector’s commitment to transparency and accountability, by augmenting the publishing of audited financial statements by member institutions.
The Report is comprised of tables that have been compiled from submissions prepared by each publically-assisted university and its affiliated and federated institutions.
The financial information is categorized according to major fund groups: operating, ancillary, sponsored research, trust, capital and endowment, and captured in static and customized reports. The static and customized reports contain the same underlying data.
Static reports present the data in prescribed tables, whereas customized reports can be generated by users as desired, e.g. time-series analyses and institutional comparisons. An instruction manual is available to guide readers on how to produce customized reports.
In addition to its Financial Report, COFO also publishes the Financial Report of Ontario Universities Highlights (the Highlights) each year. The information presented in the Highlights is at the system level: all universities, as well as their affiliated and federated colleges and universities, are included.
It is also prepared to present comparative high-level data in the following key areas by fund and by object: income sources, expenditure patterns, sponsored research income and enrolment. Comparative data has been presented typically for the last two or five years, depending on the particular graph.
- Highlights 2015-16
- Highlights 2014-15
- Highlights 2013-14
- Highlights 2012-13
- Highlights 2011-12
- Highlights 2010-11
- Highlights 2009-10
- Highlights 2008-09
- Highlights 2007-08
University Financial Statements
The audited financial statements for each Ontario university
Click on the below links to view individual university financial statements: