Research Income Growth Stalls at Canadian Universities
Canada's top 50 research universities raise $6.63 billion in total research income.Comments Off on Research Income Growth Stalls at Canadian Universities
Toronto – According to Canada’s Top 50 Research Universities List 2012, released by Research Infosource Inc., total research income for Canada’s leading research universities rose to $6.63 billion in Fiscal 2011, representing a rise of only 2.2% from $6.48 billion in Fiscal 2010, the smallest gain in the past decade. Research income includes all internal and external government and non-government sources. Thirty-four universities posted gains in research income compared with 16 where income declined.
“The Fiscal 2011 result signals retrenchment of research funding at our top universities. Gone are the heady days of double-digit increases in funding,” said Ron Freedman, CEO of Research Infosource. “By way of comparison, from Fiscal 2000-2010 annual increases were running from 3.0 to 23.9 precent. This year’s growth is the poorest since Research Infosource began tracking in 2001.”
The Top 50 list is available on Research Infosource’s website (pdf link).