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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.
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% ...
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 ...
The study initially stated that there was "no consensus on how Grade Inflation is defined ... I will define GI as an increase in grades in one or more academic departments over time". [51] From 1988/89 to 2006/07 it was determined that there had been an 11.02% increase in undergraduate A grades, with the rate of increase being 0.656% per year. [51]
During the 2023-24 academic year, full-time resident students at public four-year colleges paid an average of $11,260 in tuition and fees, while non-resident students paid an average of $29,150.
Canada spends about 5.2% of its GDP on education in 2020. [46] The country invests heavily in tertiary education (more than US$20,000 per student). [47] Recent reports suggest tuition fee increases across all provinces ranging from a low of .3% in Ontario to a high of 5.7% in Alberta due to a provide-wide restructuring of fees. [48]
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]
As of the end of the 2023/2024 fiscal year, the total value of endowments at Canadian universities was over $23 billion. Some universities do not have endowments while the largest endowment for a single university - the University of Toronto - is over $3 billion.