Canada’s colleges and institutes create a positive impact on the national economy and generate value in return for the investments made by their major stakeholder groups — students, society, and taxpayers. Using a two-pronged approach that involves an economic impact analysis and an investment analysis, the study calculates the benefits to each of these groups. Results of the analysis reflect the FY 2014-15 analysis year.
Canada’s colleges and institutes create value in many ways, improving the lives and employability of students while benefitting Canada as an economy and a nation. This study investigates the economic impacts the colleges and institutes create in the national economy and the benefits they generate in return for the investments made by their key stakeholder groups—students, society, and taxpayers.