Part of the Ontario Ministry of Colleges and Universities instructions to universities was to create an institutional economic impact metric and a definition. The metric should demonstrate the economic impact of their institution, using ministry established principles.
Here are the rough themes of what all 21 universities selected as their institution specif metric, to be weighted between 5% and 25% during the PBF effective period starting in 2022-23 (earlier weights will not have an effect on funding because of COVID-19).
Economic Impact on Ontario or Region(s)
- Lakehead University (All current, all alumni)
- Nipissing University (Students)
- Trent University (Non-local Students)
- University of Guelph (Students)
- University of Ottawa (Students)
- Wilfrid Laurier University (Ontario resident alumni salary)
- University of Windsor (Non-local Students)
Start-ups
- York University
- University of Toronto
- Ryerson University
- Queen’s University
- Carleton University
Co-op/Intern/Experience Related
- Brock University
- Laurentian University
- Université de Hearst
- University of Waterloo
- OTU (UOIT)
Invention Disclosures per AUTM Licensing Survey
- McMaster University
- Western University
International Student Enrolment
- Algoma University
Institutional Partners
- OCADu
Here’s the full list of Institutional-specific economic impact metrics, definitions and sources