Statistics Canada has released a feasibility study outlining university financial ratios derived from Financial Information of Universities Surveys (FINUNI) from 2016/17 to 2022/23. University finances were broken down by several characteristics, including U15 and Non-U15 status, institution size, and whether the institution was an undergraduate or graduate university. The authors noted the increase in tuition funding ratios over the years examined, highlighting an increasing dependence on tuition as a source of funding. They also pointed to the impacts of the pandemic, as seen in both the drop in ancillary revenues and the decreases in expenditures and high interest revenue. FINUNI 2024/25 data reflecting the changes to international enrolment on universities will be available in Summer 2026.
