Universities hit by research funding slump

itbusiness.ca 21 October 2012

Research funding at Canadian universities hit US$6.6 billion in 2011, a paltry 2.2% rise from the US$6.48 billion raised for research and development in 2010 – and the smallest gain in the past decade, writes Christine Wong for itbusiness.ca.

The latest figures from the Toronto firm Research Infosource indicate that investment in Canadian university research has basically flatlined in the past year. By comparison, research funding levels from 2000 to 2010 saw annual increases of between three and 23%.

In 2011, 34 Canadian universities saw an increase in research funding while 16 suffered declines. The biggest draw for funding is medical research, with institutions that grant medical degrees attracting 81% of the total research money given to the top 50 universities on the list. Of the 18 universities that raised $100 million or more each for research purposes, 16 have medical schools.
Full report on the itbusiness.ca site

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