UW Senate Environmental Scan February 28, 2011. International Overview Centre for the Study of Living Standards Report 2011 Canada has risen in the rankings.

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Presentation transcript:

UW Senate Environmental Scan February 28, 2011

International Overview Centre for the Study of Living Standards Report 2011 Canada has risen in the rankings of countries with extensive university-business research collaboration, from 15 th in 2007 to 7 th in 2010 Canada’s higher education sector performs 6.2 per cent of total business sector R&D, compared to 2.5 per cent in the UK, and 1.1 per cent in the US Canada leads OECD countries in total Higher Education Research and Development (HERD) spending financed by business: 8.5 per cent vs. 5.7 per cent in the US and 4.6 per cent in the UK However, business spending on university research has flatlined over the past decade Conclusion: Canada not getting its money’s worth from university-business collaboration Source: “Government Policies to Encourage University-Business Research Collaborations in Canada: Lessons From the US, the UK, and Australia” Centre for the Study of Living Standards Research Report

International Overview Source: “Government Policies to Encourage University-Business Research Collaborations in Canada: Lessons From the US, the UK, and Australia” Centre for the Study of Living Standards Research Report

International Overview Centre for the Study of Living Standards Report 2011 Canada is not outperforming its peers despite spending more on research conducted at universities (It is important to note that Canada is not lagging, either) HERD funding from business, at $892 million in , is down 1.3 per cent What is needed? The federal government should continue to provide direct funding to encourage research collaboration rather than rely on the SR&ED tax credit ($377 million is already being provided) Creating an arms length organization to promote collaboration and commercialization The federal government should lead a national discussion with businesses, universities, and provincial governments to improve Intellectual Property management and negotiation within university settings Source: “Government Policies to Encourage University-Business Research Collaborations in Canada: Lessons From the US, the UK, and Australia” Centre for the Study of Living Standards Research Report

National Overview Canada Student Loans Program CSLP needs an injection of $149.5 million to cover write-offs of 60,000 unanticipated defaults Delinquency rate for student borrowers rose to 13 per cent in from 10 per cent in Loan defaults go back 7 years Number of student borrowers rose 6.5 per cent in the last year, and the amount borrowed has increased by 8 per cent $311.2 million needed to meet higher demand for loans Source: Statistics Canada, January 7, 2011 Source: The Canadian Press, February 8, 2011

National Overview International students in Canada in 2010 In 2010, 96,147 foreign students were studying in Canada An increase of 28,292 from 2005 Foreign students contribute $6.5 billion to the Canadian economy each year Source: Citizenship and Immigration Canada, February 13, 2011 Source: Canada Research Chairs, November 24, 2010 and FedDev Ontario, November 29, 2010

National Overview Statistics Canada – Education and Earnings of Childhood Immigrants Immigrants who arrived in Canada at age 12 or younger are more likely than their Canadian-born counterparts to obtain a university education by age Among male childhood immigrants who came to Canada in the 1980s, 32 per cent held a university degree by age 25-34, compared to 20 per cent of their Canadian-born peers. Among female childhood immigrants who came to Canada in the 1980s, 40 per cent held a university degree by age 25-34,compared to 30 per cent of their Canadian-born peers. Source: Statistics Canada, January 25, 2011

Provincial Overview Post-Secondary Credit Transfer funding $73.7 million dollars in project funding over 5 years Credit Transfer Innovation Fund created Supports transfers between colleges and universities 500 agreements between colleges and universities currently exist Multilateral pacts with Ministry consultation likely Source: The Globe and Mail, January 16, 2011

Local Overview New Faculty of Environment Dean Norman McLeod Chair in Sustainable Pavement Engineering Waterloo Summit Centre for the Environment Opening

Local Overview New Faculty of Environment Dean Norman McLeod Chair in Sustainable Pavement Engineering Waterloo Summit Centre for the Environment Opening