Colleges & Universities in Canada
The Colleges and Universities industry has struggled over the five years to 2017, as decreasing government funding forced colleges and universities to choose between lowering operating expenses or going over budget. However, an increasing number of university students, coupled with higher tuition fees, has worked to slightly offset declines in government funding, leading to overall revenue growth during the period. Moving forward, industry performance is expected to improve over the next five years. A healthier economy will lead to increased government expenditure and investment, likely translating to higher government funding for postsecondary institutions. Moreover, continued growth in developing countries will increase the number of international students studying abroad in Canada, further assisting the industry. Nevertheless, the chronic underfunding of postsecondary education that has existed for much of the past decade is likely to continue, although lessened, through 2022.
This industry provides public and private postsecondary education services. Industry institutions grant certificates, as well as associate, baccalaureate and graduate degrees. This industry does not include for-profit institutions.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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