TORONTO, Nov. 1, 2018 /CNW/ - Canada's Top 50 Research Colleges reported $197.9 million of research income in Fiscal 2017, according to Research Infosource Inc., which today released its annual ranking. With $11.4 million of research income, Ontario's Lambton College led the Top 50. George Brown College ($11.1 million), NAIT – Northern Alberta Institute of Technology ($9.9 million), Cégep de Trois-Rivières ($8.3 million) and Sheridan College ($8.3 million) rounded out the top 5 institutions. Cégep de Jonquière and St. Lawrence College joined the Top 50 this year.
Altogether, the Top 50 colleges reported completing a total of 2,309 research projects in Fiscal 2017, compared with 2,777 in Fiscal 2016, a decline of -16.9%. Colleges reported that 3,173 faculty, researchers and technicians were involved in research, compared with 2,396 in Fiscal 2016. In addition, the number of students paid to perform research rose to 2,653 in Fiscal 2017 from 2,130 the year before. Research income from industry sources rose to $42.8 million in Fiscal 2017 from $41.3 million the prior year.
"College research activity levels appear to be in a steady state," said Ron Freedman, CEO of Research Infosource. "We're still waiting to see a breakout from this important sector. Despite great potential, some key activity measures have not demonstrated strong growth."
Overall, year-over-year research income growth was strongest at NAIT - Northern Alberta Institute of Technology (up 90.7%), Cambrian College (up 73.5%), Camosun College (up 69.2%), College of the North Atlantic (up 63.8%) and Mohawk College (up 55.1%). Fourteen (14) Ontario colleges on the Top 50 list captured 36.7% of the national research income total, while 20 Quebec colleges captured 34.0% and 6 Alberta colleges accounted for 11.0%.
"Thirty-three of the Top 50 Research Colleges posted gains in research income in Fiscal 2017, which was most encouraging," said Mr. Freedman. As well, 27 colleges reported they had received an additional $61.7 million for research infrastructure funding through the federal government's Post-Secondary Institutions Strategic Investment Fund (PSI-SIF). Over time, these funds should result in increased research activity."
For complete information: https://researchinfosource.com/top-50-research-colleges
About Research Infosource Inc.
Research Infosource Inc. is Canada's source of R&D intelligence. Drawing from proprietary databases, Research Infosource publishes Canada's Innovation Leaders, which includes Canada's Top 100 Corporate R&D Spenders, Canada's Top 50 Research Universities, Canada's Top 40 Research Hospitals and Canada's Top 50 Research Colleges. As well, Research Infosource publishes specialized reports and The Innovation Atlas of Canada™ – a web-based research and innovation mapping and data information product.
SOURCE Research Infosource Inc.
For further information: or for an interview, please contact: Ron Freedman, CEO, Research Infosource Inc., Telephone: 647-345-3434 ext. 22, Cell: 416-879-9000, Email: firstname.lastname@example.org