Fraser Institute News Release: Five provinces recorded

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VANCOUVER, British Columbia, Oct. 06, 2022 (GLOBE NEWSWIRE) — Despite frequent misperceptions, spending on public colleges throughout Canada elevated in seven out of ten provinces, markedly in 5 provinces, between 2012-13 and 2019-20, earlier than COVID spending began, finds a brand new research by the Fraser Institute, an impartial, non-partisan Canadian public coverage think-tank.

“Contrary to what we often hear, spending is on the rise in public schools across Canada, and in most cases, it’s outpacing inflation and enrolment changes,” mentioned Jake Fuss, affiliate director of fiscal research for the Fraser Institute and co-author of Education Spending in Public Schools in Canada, 2022 Edition.

The research finds that annual spending in public colleges in Canada elevated by $898 million greater than was essential to account for modifications in enrolment and inflation between 2012/13 and 2019/20.

Nationally, inflation adjusted per scholar spending on public colleges elevated by 1.4 per cent over that very same time interval.

Nova Scotia (17.5 per cent) and Prince Edward Island (17.2 per cent) skilled the biggest will increase in spending per scholar, adopted by Quebec (12.7 per cent). Newfoundland and Labrador (7.6 per cent) and British Columbia (9.0 per cent) additionally recorded massive will increase in per scholar spending.

Saskatchewan, Alberta, and Ontario had been the one provinces to expertise a decline in per scholar spending (inflation-adjusted) on public colleges throughout this identical interval, at -14.2 per cent, -12.6, and -1.3 per cent, respectively.

Compensation (salaries, wages, fringe advantages, and pensions) contributed probably the most to the whole progress in spending on public colleges from 2012/13 to 2019/20.

“In critical policy discussions, especially those that affect our children’s education, it’s important to understand exactly what’s happening with spending in public schools,” Fuss mentioned.

MEDIA CONTACT:
Jake Fuss, Associate Director, Fiscal Studies
Fraser Institute

To prepare media interviews or for extra info, please contact:
Drue MacPherson
Fraser Institute
Office: (604) 688-0221 ext. 721
[email protected]

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The Fraser Institute is an impartial Canadian public coverage analysis and academic group with places of work in Vancouver, Calgary, Toronto, and Montreal and ties to a world community of think-tanks in 87 international locations. Its mission is to enhance the standard of life for Canadians, their households and future generations by learning, measuring and broadly speaking the consequences of presidency insurance policies, entrepreneurship and selection on their well-being. To shield the Institute’s independence, it doesn’t settle for grants from governments or contracts for analysis. Visit www.fraserinstitute.org





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