The changing financial model of Canadian universities
Financial insights from 2016–2023
Impact of international student policy changes
Research and innovation: A financial stabilizer
Adapting for financial resilience
Conclusion
Canada’s universities are entering a period of financial adjustment. Once largely reliant on steady government support, institutions are now navigating the effects of the COVID-19 pandemic, shifts in research priorities, and increasing reliance on international student tuition. Fiscal strategy has become central to institutional planning as universities face both immediate revenue disruptions and longer-term sustainability challenges.A recent Statistics Canada feasibility study (2025), examining financial ratios from 2016/2017 to 2022/2023, shows how Canadian universities are adjusting to the
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