A recent report from the Conference Board of Canada argues that postsecondary education in Canada is a “growth industry”. It indicates that every dollar spent on postsecondary education delivers $1.36 for the Canadian economy. As a result, colleges and universities generate over $55 billion in economic activity once their $40 billion in direct spending and its multiplier effect is considered. According to the […]
economy
A new study by the Canadian Centre for Policy Alternatives’ (CCPA) Ontario office reveals how austerity policies are damaging the province’s economy. More damning, the austerity agenda is also slowing the rate that Ontario reduces its deficit, and is therefore self-defeating. The CCPA makes several important observations: The case for austerity – a supposed “deficit crisis” – was based […]