University Research Income Leaps by 6.8%
Strongest Gain in a Decade
TORONTO, Oct. 25, 2018 /CNW/ - The combined research income of Canada's Top 50 Research Universities jumped by 6.8% to $7.33 billion in Fiscal 2017 from $6.87 billion in Fiscal 2016 - the strongest gain in a decade - according to Research Infosource Inc., which today released its annual research ranking. Research income expanded at 33 universities and declined at 17. In top spot was University of Toronto, which expanded its research income by 13.8% to $1.15 billion. University of British Columbia ($577.2 million, 8.5% gain), Université de Montréal ($536.2 million, 2.6% gain), McGill University ($515.3 million, -5.9% decline) and University of Alberta ($513.3 million, 18.4% gain) rounded out the top 5 institutions. Research intensity - research income per faculty position - grew to $185,500 nationally, a 5.4% gain. Research intensity - research income per graduate student - grew to $38,000 nationally, a 4.2% gain.
"Fiscal 2017 was the best year in a decade for research income growth at Canadian universities", said Ron Freedman, CEO of Research Infosource. "In fact the last time research income growth reached 6% was in Fiscal 2008. Promised future increases from the federal government should ensure a solid base of research support into the medium term."
Universities that demonstrated the largest research income growth in Fiscal 2017 included York University (44.3%) in the Comprehensive category, Laurentian University (36.8%) in the Undergraduate category and Queen's University (36.4%) in the Medical category.
Research Infosource has designated 3 institutions as Research Universities of the Year 2018 in their respective categories: University of Toronto (Medical), University of Waterloo (Comprehensive) and Lakehead University (Undergraduate). These institutions demonstrated superior performance on key measures of research success.
This year, Research Infosource spotlighted university research partnerships - measured by grants or contracts received from corporate and not-for-profit sources during the period FY2013-FY2017 at full-service universities. Top placed winners were:
Corporate research income: McMaster University ($498.5 million) in the Medical category, University of Guelph ($99.9 million) in the Comprehensive category and Université du Québec à Chicoutimi ($49.0 million) in the Undergraduate category.
Corporate research income as percent of total university research income: Memorial University of Newfoundland (31.4%) in the Medical category, University of Guelph (13.5%) in the Comprehensive category and Université du Québec à Chicoutimi (38.6%) in the Undergraduate category.
Corporate research income growth (% change 2013-2017): Memorial University of Newfoundland (160.2%) in the Medical category, York University (354.3%) in the Comprehensive category and Laurentian University (95.6%) in the Undergraduate category.
Not-for-profit research income: University of Toronto ($1.46 billion) in the Medical category, University of Waterloo ($107.1 million) in the Comprehensive category and Lakehead University ($20.7 million) in the Undergraduate category.
Not-for-profit research income as percent of total university research income: University of Manitoba (29.1%) in the Medical category, Simon Fraser University (16.6%) in the Comprehensive category and Université de Moncton (28.8%) in the Undergraduate category.
Not-for-profit research income growth (% change 2013-2017): McMaster University (343.2%) in the Medical category, Ryerson University (725.9%) in the Comprehensive category and University of Ontario Institute of Technology (290.2%) in the Undergraduate category.
For complete information: https://researchinfosource.com/top-50-research-universities
About Research Infosource Inc.
Research Infosource Inc. is Canada's source of R&D intelligence. Drawing from proprietary databases, Research Infosource publishes Canada's Innovation Leaders, which includes Canada's Top 100 Corporate R&D Spenders, Canada's Top 50 Research Universities, Canada's Top 40 Research Hospitals and Canada's Top 50 Research Colleges. As well, Research Infosource publishes specialized reports and The Innovation Atlas of Canada™ – a web-based research and innovation mapping and data information product.
SOURCE Research Infosource Inc.
or for an interview, please contact: Ron Freedman, CEO, Research Infosource Inc.,Telephone: 647-345-3434 ext. 22, Cell: 416-879-9000, Email: [email protected]
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