Dear John,

A new study released by the Fraser Institute today finds that higher university subsidies do not necessarily result in a more educated population.

In 2021/22 universities across Canada educated over a million full time and 250,000 part time students at a total cost of $46 billion.

The single largest source of funding comes from provincial governments.

But high-spending provinces generally do not record higher levels of educational attainment.

For example, Newfoundland & Labrador, Saskatchewan, New Brunswick, and Prince Edward Island all ranked in the top half of spending on a per-domestic student basis, but ranked low in terms of educational attainment.

Find out how the rest of the country ranked here [[link removed]], and be sure to share the news on social media!

Sincerely,

Niels Veldhuis

President

The Fraser Institute

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