Analysis of government expenditure per student in tertiary education in Canada reveals a continuous decline from 2024 to 2028. Starting with 28.35% of GDP per capita in 2024, this figure decreases to 26.18% by 2028. This represents a year-on-year reduction of approximately 1.98% on average during this period. The sector experiences a negative compound annual growth rate (CAGR) over these five years, indicating consistently decreasing investment relative to GDP per capita.
Future trends to monitor include potential policy adjustments aimed at reversing the decline and efforts to align educational funding with inflation and GDP growth to maintain the quality and accessibility of tertiary education.
