The Economic Impact of Post-Secondary Education in Canada

Default product image

The Economic Impact of Post-Secondary Education in Canada

Canadian Education & Skills

Author: Michael Grant

$0.00

Post-secondary education (PSE) is a growth industry in Canada. The real GDP of Canada’s universities and colleges grew by over 17 per cent between September 2007 and September 2013, and growth in full-time enrolments far outpaced growth in the Canadian population in the first decade of this century. Although most people agree that Canada needs a relatively large PSE sector, policy-makers are asking strategic questions about how to maximize the contribution of PSE institutions to Canada’s economy and society. This report seeks to quantify this impact in three areas: direct and indirect spending, human capital, and intellectual property. The economic impacts alone are significant; over $40 billion in direct spending flows through Canada’s colleges and universities each year, which generates up to $77 billion in indirect economic activity, after multiplier effects.

Want a discount? Become a member by purchasing a subscription! Learn More

Post-secondary education is a growth industry in Canada. This report seeks to quantify its impact in three areas: direct and indirect spending, human capital, and intellectual property.

Require an accessible version of this research?

Upon request, The Conference Board of Canada offers accessible versions of research. Please contact us to request your accessible version.

Learn more about our accessibility policies.