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.
Did you know?
Spending related to the activities of Ontario universities generate 478,000+ full-time jobs
The economic impact of research at Ontario universities is $24.7 billion
$42.4 billion is generated through spending by universities, students and visitors, and alumni
Ontario’s universities have an economic impact of
on the province’s GDP.