The report, Driving a Prosperous Future: Economic Analysis of the Lasting Impact of Ontario Universities, tells us that Ontario’s universities make a total economic impact of $115.8 billion on the ...

Driving a Prosperous Future: Economic Analysis of the Lasting Impact of Ontario Universities

Published: July 18, 2017

The report, Driving a Prosperous Future: Economic Analysis of the Lasting Impact of Ontario Universities, tells us that Ontario’s universities make a total economic impact of $115.8 billion on the province’s GDP. This includes the effects of spending related to university activities, developing talent, leaders and innovators, and bettering the lives of Ontarians through research.

To thrive in tomorrow’s world, Ontario needs adaptable, informed and engaged citizens. That’s why universities are helping students develop the agile and transferable skills they need to become employees of today and the highly skilled workforce of the future. — David Lindsay COU President and CEO

Did you know?

  1. Spending related to the activities of Ontario universities generate 478,000+ full-time jobs

  2. The economic impact of research at Ontario universities is $24.7 billion

  3. $42.4 billion is generated through spending by universities, students and visitors, and alumni

Ontario’s universities have an economic impact of

$115.8 billion

on the province’s GDP.

More on this Report

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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

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