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 2021/2022 fiscal year, the total value of endowments at Canadian universities was nearly $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.[1]

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.

Canadian universities by endowment
Institution Endowment (2021/22)
billions CAD		 Endowment (2020/21)
billions CAD		 Endowment (2019/20)
billions CAD		 Endowment (2018/19)
billions CAD		 Endowment (2017/18)
billions CAD
University of Toronto[Notes 1] $3.167[2] $3.150[3] $2.510[4] $2.593[5] $2.504[6]
University of British Columbia $2.104[7] $2.008[8] $1.799[9] $1.720[10] $1.538[11]
McGill University $1.809[12] $1.808[13] $1.524[14] $1.679[15] $1.566[16]
University of Alberta $1.639[17] $1.456[18] $1.284[19] $1.432[20] $1.379[21]
Queen's University at Kingston $1.407[22] $1.38[23] $1.141[24] $1.152[25] $1.085[26]
University of Calgary $1.162[27] $1.120[28] $0.916[29] $0.991[30] $0.952[31]
University of Western Ontario $1.046 [32] $0.990[33] $0.805[34] $0.804[35] $0.747[36]
  1. 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.

Canadian universities by endowment
Institution Endowment (2021/22)
millions CAD		 Endowment (2020/21)
millions CAD		 Endowment (2019/20)
millions CAD		 Endowment (2018/19)
millions CAD		 Endowment (2017/18)
millions CAD
Carleton University $343.266[37] $353.014[38] $298.612[39] $265.410[40] $269.386[41]
Dalhousie University $597.593[42] $563.147[43] $609.8[44] $649.7[45] $616.7[46]
McMaster University $704.994[47] $756.216[48] $731.9[49] $757.7[50] $727.4[51]
Simon Fraser University $470.610[52] $392.917[53] $380.756[54] $360.153[55] $336.711[56]
Université de Montréal $403.054[57] $390.317[58] $328.635[59] $365.140[60] $342.543[61]
University of Ottawa $321.301[62] $338.769[63] $295.437[64] $293.997[65] $279.6[66]
University of Guelph $411.6[67] $418.1[68] $351.7[69] $382.7[70] $360.8[71]
University of Manitoba $600.213[72] $550.845[73] $471.1[74] $507.001[75] $473.403[76]
University of Victoria $418.237[77] $392.775[78] $375.802[79] $342.896[80] $343.144[81]
University of Waterloo $464.677[82] $441.922[83] $402.806[84] $390.773[85] $375.130[86]
Victoria University, Toronto $544.261[87] $523.996[88] $488.758[89] $506.779[90] $477.195[91]
University of Saskatchewan $462.817[92] $459.4[93] $407.5[94] $401.2[95] $378.1[96]
York University $533.567[97] $579.189[98] $479.418[99] $496.040[100] $451.531[101]

    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.

    Canadian universities by endowment
    Institution Endowment (2021/22)
    millions CAD    		 Endowment (2020/21)
    millions CAD    		 Endowment (2019/20)
    millions CAD    		 Endowment (2018/19)
    millions CAD    		 Endowment (2017/18)
    millions CAD
    Brock University $119.025[102] $123.810[103] $103.896[104] $107.026[105] $96.671[106]
    Laurentian University $60.961[107] $61.482[108] $52.845[109] $51.809[110] $48.800[111]
    Laval University $34.679[112] $37.407[113] $34.761[114] $36.619[115] $36.504[116]
    University of Lethbridge $94.499[117] $81.121[118] $66.761[119] $72.953[120] $68.348[121]
    Memorial University of Newfoundland $156.119[122] $145.9[123] $118.569[124] $119.596[125] $103.612[126]
    Nipissing University $12.326[127] $12.133[128] $12.031[129] $11.905[130] $11.642[131]
    Toronto Metropolitan University $148.873[132] $140.867[133] $136.285[134] $135.619[135] $131.998[136]
    Trent University $86.909[137] $86.900[138] $72.477[139] $72.614[140] $64.614[141]
    University of New Brunswick $215.945[142] $196.158[143] $178.530[144] $188.559[145] $178.530[146]
    University of Regina $59.316[147] $59.829[148] $50.759[149] $51.914[150] $47.020[151]
    University of Windsor $140.486[152] $142.414[153] $117.209[154] $118.734[155] $112.667[156]
    University of Prince Edward Island $54.133[157] $50.115[158] $45.883[159] $40.571[160] $35.745[161]
    Lakehead University $64.417[162] $63.404[163] $58.965[164] $58.858[165] $57.391[166]
    Wilfrid Laurier University $107.752[167] $105.664[168] $95.385[169] $96.067[170] $91.857[171]
    Redeemer University College $6.220[172] $4.853[173] $4.664[174] $4.363[175] $5.278[176]
    Trinity Western University $33.578[177] $28.793[178] $23.204[179] $22.357[180] $20.876[181]
    University of King's College $35.613[182] $32.423[183] $27.377[184] $30.123[185] $29.079[186]
    Saint Mary's University $58.300[187] $53.737[188] $41.4[189] $41.2[190] $39.3[191]
    Acadia University $117.538[192] $109.467[193] $86.531[194] $90.656[195] $85.677[196]
    Mount Saint Vincent University $36.221[197] $35.983[198] $29.464[199] $42.318[200] $40.816[201]
    Saint Francis Xavier University $185.261[202] $169.1[203] $131.7[204] $146.6[205] $138.8[206]
    Mount Allison University $218.039[207] $215.1[208] $175.722[209] $186.086[210] $177.690[211]
    Mount Royal University $76.966[212] $61.558[213] $66.175[214] $64.848[215] $60.731[216]
    Concordia University $139.068[217] $144.992[218] $116.571[219] $121.482[220] $81.804[221]
    University of Northern British Columbia $69.464[222] $67.655[223]
    Algoma University $3.660[224] $3.806[225]

    See also

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