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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.
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.
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% ...
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]
April 5 – 2023 Canada ice storm: Two people are killed and over a million people are without power after an ice storm strikes Ontario and Quebec. [29] April 9 – The 2023 Canadian Ringette Championships are held in Regina, Saskatchewan. National champions are decided in U16, U19, and National Ringette League divisions. [citation needed]
When comparing college costs, don’t stop at the published tuition and fees.
Canada was reported to have 1,040,985 international students at the end of 2023, [3] a 29% increase over 2022, [4] accounting for more than 2% of the country's population. [5] Other sources report that number as an underestimate, the true number being potentially as high as two million. [6] [7]