Canadian university enrollment

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New statistics show the enrollment crunch is coming

Elementary and high school enrollment has been declining since 2002

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Yes, there will be shrinkage

Ask any accountant or business analyst: the juicy material in annual reports and corporate filings is usually not what you see headlined on the first page of the document. It’s generally buried. Or hiding in plain sight. So it is with the recently released annual actuarial report on the Canada Student Loans Program. The report is built on the rather newsworthy but largely overlooked assumption that Canadian university and college enrolment will start shrinking as of next year, and go right on shrinking steadily, all the way to 2026. By the time the great contraction is done, Canadian campuses will have 18% fewer full-time students. The audit was performed by the Office of the Superintendent of Financial Institutions, or OSFI, a federal oversight agency.