University research funding drops first time in 14 years

Guest Contributor
November 2, 2015

University sponsored research income fell for the first time in 14 years, with the Top 50 institutions dropping 1.6% to $6.67 billion, according to the latest data from Research Infosource. Perennially top-ranked Univ of Toronto declined 6.2% to $1.04 billion, while the Univ of Montreal rose 4% to $548.8 million to claim the number two spot. The Univ of British Columbia slipped to third place with $547.0 million, down 3.5%. Overall, 27 institutions in the Top 50 increase their sponsored research income while 23 registered declines. Among the funding sources, federal contributions fell 2.6% while provincial governments collectively reduced their support by 6.7%. Corporate funding was down by 2.3% and individual support dropped 20%. Regionally, only Quebec and the Prairie provinces managed to boost funding, with increases of 3.3% and 8.6% respectively. Atlantic-based universities registered the steepest decline (-18.4%) followed by British Columbia (-5.8%) and Ontario (-5%). Research intensity (research income per faculty) also declined 1.4% from an average of $175,900 to $173,500. FMI:

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