Too many governments throw money at post-secondary education with truly using value for money Canada continues to be less competitive due to lack integrated strategy when it comes education programs that will meet the jobs of today and tomorrow.

1. POST-SECONDARY
EDUCATION - CANADA
P a u l Y o u n g C P A , C G A
J a n u a r y 1 8 , 2 0 1 9

2. PAUL YOUNG - BIO
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com

3. AGENDA
Source - http://business.financialpost.com/news/economy/canadas-reliance-on-foreign-financing-grows-as-exports-tumble
• Post-Secondary Funding
• Post-Secondary Graduates vs Employment
• Most valuable Degrees and Issues
• Wages/Benefits Costs – Post Secondary Teaching
• Innovation Centers
• Ontario and Tuition
• What’s needs to be done

4. INTRODUCTION
• Too many governments throw money at post-secondary education with
truly using value for money
• Canada continues to be less competitive due to lack integrated strategy
when it comes education programs that will meet the jobs of today and
tomorrow.
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5. POST
SECONDARY
FUNDING
CANADA
Source - https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=3710002601 5

6. POST-
SECONDARY
GRADUATES AND
EMPLOYMENT
Source - https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=3710001201 6

7. TOP 10 VALUABLE DEGREES
Source - https://discover.rbcroyalbank.com/top-ten-most-
valuable-degrees-in-canada/
7
Degree Annual Salary
Civil Engineer $80,080
Nursing $84,510
Specializing Engineering $85,009
Business Administration $85,508
Software Engineering $90,001
Geosciences $100,001
Pharmacology $102,398
Finance $103,376
Petroleum or Chemical
Engineering
$104,000
Business, a.k.a.,
Management Sciences (MS
$110,000 to $115,000
Issues facing Valuable Degrees
• Healthcare spending is under pressure -
https://www.slideshare.net/paulyoungcga/c
anada-healthcare-crisis
• Small business tax reforms is driving out a
brain drain -
https://www.slideshare.net/paulyoungcga/s
mall-business-is-under-attack-by-
government-canada-january-2019
• Canada is becoming less competitive due to
tax and regulations, i.e. C69 -
https://www.slideshare.net/paulyoungcga/
business-competitiveness-canada
• Lack of coherent strategy when it comes to
innovation -
https://www.slideshare.net/paulyoungcga/
why-is-canada-not-keeping-pace-with-
innovation

8. POST-SECONDARY COSTS / TEACHING
Source - https://www.macleans.ca/education/uniandcollege/professor-pay-ranked-from-
highest-to-lowest/ or https://www.quora.com/What-are-the-top-five-operating- 8
Average Salaries

9. POST-SECONDARY INSTITUTION
• There is lack of integrated strategy when it comes incubation centers
• Liberals decided to pick and choose locations for innovation centers
• All colleges and universities should received R&D grants based on per capita funding
model
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Liberals give the impression that previous govts did nothing and that is wrong!
https://www.slideshare.net/paulyoungcga/federal-goverment-canada-innovation-investment
https://www.slideshare.net/paulyoungcga/why-is-canada-not-keeping-pace-with-innovation
https://globalnews.ca/news/2888159/canada-ranks-15th-on-global-innovation-index-heres-where-we-fall-
behind/
Canada was ranked #15 on innovation in 2015 as compare to 2018 where Canada is now ranked 18th
Trudeau made the statement that Canada was both back and that his government would be different, right?
Canada is struggling to attract FDI due to more regulations and higher taxes -
https://business.financialpost.com/news/economy/foreign-direct-investment-in-canada-plunges-on-oil-exodus-
1
Blog - Innovation

10. ONTARIO FREE TUITION
Source - https://www.thestar.com/news/queenspark/2018/12/05/ontario-auditor-general-
report-finds-wynnes-free-tuition-scheme-far-more-expensive-than-promised.html
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Source - https://www.canadianmanufacturing.com/human-resources/ontarios-tories-eliminate-free-
tuition-for-low-income-students-225195/

11. WHAT’S
REQUIRED
• There needs to be more alignment of programs
with jobs of today and tomorrow
• All colleges and universities need to undertake
labor reforms
• All colleges and universities need to become
innovation centers
• Scrapping of excessive govt, i.e. college of the
trades
• Revamping the apprenticeship program, i.e.
Germany model
• Reviewing Canadian Social Transfer. PQ is able to
offer low tuition due to how the province receives
funding from the federal government
• Immigration being tied to economic benefits
• Tax and regulation reform. Canada needs to be
attractive to FDI
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