With a Rise in Global Fees: Canadian Universities Surpluses Reach $7.3 billion
Canadian universities reported record surpluses during the pandemic last year, with international tuition fees providing a growing portion of revenues and boosting the bottom line. According to data released this week by Statistics Canada, university surpluses in 2020–21 totaled $7.3 billion despite postsecondary institutions switching to online learning and closing classrooms to stop the spread of Covid.
August 13, 2022