List of Canadian universities by endowment
This list of Canadian universities by endowment groups the universities in Canada according to their endowments. As of the end of the 2022/2023 fiscal year, the total value of endowments at Canadian universities was over $21 billion.
Some universities do not have endowments while the largest endowment for a single university - the University of Toronto - is over $3 billion.
Mount Allison University has the largest endowment per student of non-federated Canadian universities and the second largest endowment per student of all Canadian universities after Victoria University federated with the University of Toronto, reaching over $107k per student as of December 31, 2021. Mount Allison has significantly larger endowments than the average Canadian and Atlantic Canadian primarily undergraduate university.
Endowments over C$1 billion
The following are the Canadian universities with financial endowments over $1 billion, expressed in Canadian dollars at fair value. All sources are official audited financial statements published in the respective fiscal years. As a collegiate university, the University of Toronto reports its financial and endowment information exclusive of its colleges, which hold additional endowments of their own.
Institution | Endowment (2022/23) billions CAD |
Endowment (2021/22) billions CAD |
Endowment (2020/21) billions CAD |
Endowment (2019/20) billions CAD |
Endowment (2018/19) billions CAD |
---|---|---|---|---|---|
University of Toronto | $3.267 | $3.167 | $3.150 | $2.510 | $2.593 |
University of British Columbia | $2.123 | $2.104 | $2.008 | $1.799 | $1.720 |
McGill University | $1.822 | $1.739 | $1.808 | $1.524 | $1.679 |
University of Alberta | $1.728 | $1.639 | $1.456 | $1.284 | $1.432 |
Queen's University at Kingston | $1.448 | $1.407 | $1.38 | $1.141 | $1.152 |
University of Calgary | $1.176 | $1.162 | $1.120 | $0.916 | $0.991 |
University of Western Ontario | $1.141 | $1.046 | $0.990 | $0.805 | $0.804 |
- Endowments for the University of Toronto's constituent colleges not included in figures.
Endowments C$250 million to C$1 billion
The following are the Canadian universities with the financial endowments between $250 million and $1 billion, expressed in Canadian dollars at fair value. All sources are official audited financial statements published in the respective fiscal years.
Institution
|
Endowment (2022/23) millions CAD |
Endowment (2021/22) millions CAD |
Endowment (2020/21) millions CAD |
Endowment (2019/20) millions CAD |
Endowment (2018/19) millions CAD |
---|---|---|---|---|---|
Carleton University | $361.423 | $343.266 | $353.014 | $298.612 | $265.410 |
Dalhousie University | $681.497 | $597.593 | $563.147 | $609.8 | $649.7 |
McMaster University | $750.508 | $704.994 | $756.216 | $731.9 | $757.7 |
Simon Fraser University | $485.471 | $470.610 | $392.917 | $380.756 | $360.153 |
Université de Montréal | $428.951 | $403.054 | $390.317 | $328.635 | $365.140 |
University of Ottawa | $333.880 | $321.301 | $338.769 | $295.437 | $293.997 |
University of Guelph | $445.165 | $411.6 | $418.1 | $351.7 | $382.7 |
University of Manitoba | $619.983 | $600.213 | $550.845 | $471.1 | $507.001 |
University of Victoria | $436.144 | $418.237 | $392.775 | $375.802 | $342.896 |
University of Waterloo | $492.010 | $464.677 | $441.922 | $402.806 | $390.773 |
Victoria University, Toronto | $555.701 | $544.261 | $523.996 | $488.758 | $506.779 |
University of Saskatchewan | $475.371 | $462.817 | $459.4 | $407.5 | $401.2 |
York University | $566.712 | $533.567 | $579.189 | $479.418 | $496.040 |
Endowments less than C$250 million
The following are the Canadian universities with financial endowments less than $250 million, expressed in Canadian dollars at fair value. All sources are official audited financial statements published in the respective fiscal years.
Institution | Endowment (2022/23) millions CAD |
Endowment (2021/22) millions CAD |
Endowment (2020/21) millions CAD |
Endowment (2019/20) millions CAD |
Endowment (2018/19) millions CAD |
---|---|---|---|---|---|
Brock University | $122.332 | $119.025 | $123.810 | $103.896 | $107.026 |
Laurentian University | $47.510 | $60.961 | $61.482 | $52.845 | $51.809 |
Laval University | $34.329 | $34.679 | $37.407 | $34.761 | $36.619 |
University of Lethbridge | $94.892 | $94.499 | $81.121 | $66.761 | $72.953 |
Memorial University of Newfoundland | $158.794 | $156.119 | $145.9 | $118.569 | $119.596 |
Nipissing University | $12.702 | $12.326 | $12.133 | $12.031 | $11.905 |
Toronto Metropolitan University | $155.492 | $148.873 | $140.867 | $136.285 | $135.619 |
Trent University | $95.119 | $86.909 | $86.900 | $72.477 | $72.614 |
University of New Brunswick | $238.328 | $215.945 | $196.158 | $178.530 | $188.559 |
University of Regina | $126.4 | $138.3 | $121.1 | $116.4 | $99.3 |
University of Windsor | $139.776 | $140.486 | $142.414 | $117.209 | $118.734 |
University of Prince Edward Island | $60.134 | $54.133 | $50.115 | $45.883 | $40.571 |
Lakehead University | $68.626 | $64.417 | $63.404 | $58.965 | $58.858 |
Wilfrid Laurier University | $113.943 | $107.752 | $105.664 | $95.385 | $96.067 |
Redeemer University College | $6.201 | $6.220 | $4.853 | $4.664 | $4.363 |
Trinity Western University | $36.953 | $33.578 | $28.793 | $23.204 | $22.357 |
University of King's College | $35.348 | $35.613 | $32.423 | $27.377 | $30.123 |
Saint Mary's University | $53.266 | $58.300 | $53.737 | $41.4 | $41.2 |
Acadia University | $120.130 | $117.538 | $109.467 | $86.531 | $90.656 |
Mount Saint Vincent University | $36.537 | $36.221 | $35.983 | $29.464 | $42.318 |
Saint Francis Xavier University | $182.539 | $185.261 | $169.1 | $131.7 | $146.6 |
Mount Allison University | $220.585 | $215.1 | $218.039 | $215.1 | $175.722 |
Mount Royal University | $78.043 | $76.966 | $61.558 | $66.175 | $64.848 |
Concordia University | $142.530 | $139.068 | $144.992 | $116.571 | $121.482 |
University of Northern British Columbia | $71.871 | $69.464 | $67.655 | ||
Algoma University | $3.878 | $3.660 | $3.806 |