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A 2017 study from Statistics Canada showed that, among men over the age of 24, the median annual pay of apprenticeship holders is $72,955 per year, which is 7% more than they would have received with a typical college diploma. Among women, the figure is $38,230, which is actually 12% less than if they had started work straight out of high school.
Between mid-2022 and early 2024, Canada's unemployment rate increased by 1.6%, a rise historically associated with recessionary periods in Canada since the 1970s. This increase, though smaller relative to its prior major recessions, was considered significant given its emergence from post-pandemic record lows.
Here’s a prediction of how college costs may look in the upcoming years, assuming a 3 percent annual increase in fees, tuition and other expenses: Academic year Public two-year
This list of Canadian universities by endowment groups the universities in Canada according to their endowments. As of the end of the 2023/2024 fiscal year, the total value of endowments at Canadian universities was over $23 billion.
In the 1970-71 school year, full-time faculty were paid the equivalent of $81,030 on average in 2018-19 dollars. Study: For Full-Time College Faculty, Inflation-Adjusted Salaries Up Only 9.5% ...
A 2010 report from Statistics Canada, Education Indicators in Canada: An International Perspective, indicates that 63% of Ontario's population aged 25–34 have educational attainment to at least the tertiary level as compared to the national average of 56% and the average across OECD countries of 37%. [64]
Funding for post-secondary through the Canada Social Transfer has increased steadily from $243,500,000 in 2007–08 to $353,500,000 in 2011–12 with the largest single increase of almost 33% occurring in 2008–09. However, Canada Social Transfer has decreased as a part of total federal transfers from 20.3% to 19.8% during the same period. [43]
List of Recessions in Canada [2] Name Start End The Great Depression: April 1929 February 1933 Recession of 1937–1938: November 1937 June 1938 [3] Recession of 1949: August 1947 March 1948 Recession of 1951: April 1951 December 1951 Recession of 1953: July 1953 July 1954 Recession of 1958: March 1957 January 1958 Recession of 1960–1961 ...