# 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 2023/2024 fiscal year, the total value of endowments at Canadian universities was over $23 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.
Canadian universities by endowment :
| Institution | Endowment (2023/24) billions CAD | Endowment (2022/23) billions CAD | Endowment (2021/22) billions CAD | Endowment (2020/21) billions CAD | Endowment (2019/20) billions CAD |
| University of Toronto | $3.616 | $3.267 | $3.167 | $3.150 | $2.510 |
| University of British Columbia | $2.336 | $2.123 | $2.104 | $2.008 | $1.799 |
| McGill University | $1.977 | $1.822 | $1.739 | $1.808 | $1.524 |
| University of Alberta | $1.815 | $1.728 | $1.639 | $1.456 | $1.284 |
| Queen's University at Kingston | $1.597 | $1.448 | $1.407 | $1.38 | $1.141 |
| University of Calgary | $1.316 | $1.176 | $1.162 | $1.120 | $0.916 |
| University of Western Ontario | $1.296 | $1.141 | $1.046 | $0.990 | $0.805 |
* ↑ 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 (2023/24) millions CAD | Endowment (2022/23) millions CAD | Endowment (2021/22) millions CAD | Endowment (2020/21) millions CAD | Endowment (2019/20) millions CAD |
| Carleton University | $370.157 | $361.423 | $343.266 | $353.014 | $298.612 |
| Dalhousie University | $707.191 | $681.497 | $597.593 | $563.147 | $609.8 |
| McMaster University | $815.1 | $750.5 | $704.994 | $756.216 | $731.9 |
| Simon Fraser University | $520.4 | $485.471 | $470.610 | $392.917 | $380.756 |
| Université de Montréal | $469.157 | $428.951 | $403.054 | $390.317 | $328.635 |
| University of Ottawa | $350.738 | $333.880 | $321.301 | $338.769 | $295.437 |
| University of Guelph | $486.113 | $445.165 | $411.6 | $418.1 | $351.7 |
| University of Manitoba | $675.969 | $619.983 | $600.213 | $550.845 | $471.1 |
| University of Victoria | $455.457 | $436.144 | $418.237 | $392.775 | $375.802 |
| University of Waterloo | $524.827 | $492.010 | $464.677 | $441.922 | $402.806 |
| Victoria University, Toronto | $572.304 | $555.701 | $544.261 | $523.996 | $488.758 |
| University of Saskatchewan | $509.173 | $475.371 | $462.817 | $459.4 | $407.5 |
| York University | $607.792 | $566.712 | $533.567 | $579.189 | $479.418 |
| University of New Brunswick | $259.864 | $238.328 | $215.945 | $196.158 | $178.530 |

## 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 (2023/24) millions CAD | Endowment (2022/23) millions CAD | Endowment (2021/22) millions CAD | Endowment (2020/21) millions CAD | Endowment (2019/20) millions CAD |
| Brock University | $130.145 | $122.332 | $119.025 | $123.810 | $103.896 |
| Laurentian University | $49.614 | $47.510 | $60.961 | $61.482 | $52.845 |
| Laval University | $224.497 | $199.944 | $34.679 | $37.407 | $34.761 |
| University of Lethbridge | $104.301 | $94.892 | $94.499 | $81.121 | $66.761 |
| Memorial University of Newfoundland | $177.960 | $158.794 | $156.119 | $145.9 | $118.569 |
| Nipissing University | $12.859 | $12.702 | $12.326 | $12.133 | $12.031 |
| Toronto Metropolitan University | $162.661 | $155.492 | $148.873 | $140.867 | $136.285 |
| Trent University | $102.312 | $95.119 | $86.909 | $86.900 | $72.477 |
| University of Regina | $64.115 | $126.4 | $138.3 | $121.1 | $116.4 |
| University of Windsor | $151.903 | $139.776 | $140.486 | $142.414 | $117.209 |
| University of Prince Edward Island | $66.049 | $60.134 | $54.133 | $50.115 | $45.883 |
| Lakehead University | $58.650 | $68.626 | $64.417 | $63.404 | $58.965 |
| Wilfrid Laurier University | $120.539 | $113.943 | $107.752 | $105.664 | $95.385 |
| Redeemer University College | $6.608 | $6.201 | $6.220 | $4.853 | $4.664 |
| Trinity Western University | $41.641 | $36.953 | $33.578 | $28.793 | $23.204 |
| University of King's College | $37.601 | $35.348 | $35.613 | $32.423 | $27.377 |
| Saint Mary's University | $54.511 | $53.266 | $58.300 | $53.737 | $41.4 |
| Acadia University | $133.599 | $120.130 | $117.538 | $109.467 | $86.531 |
| Mount Saint Vincent University | $39.410 | $36.537 | $36.221 | $35.983 | $29.464 |
| Saint Francis Xavier University | $207.184 | $182.539 | $185.261 | $169.1 | $131.7 |
| Mount Allison University | $235.698 | $220.585 | $215.1 | $218.039 | $215.1 |
| Mount Royal University | $76.339 | $78.043 | $76.966 | $61.558 | $66.175 |
| Concordia University | $158.623 | $142.530 | $139.068 | $144.992 | $116.571 |
| University of Northern British Columbia | $73.119 | $71.871 | $69.464 | $67.655 | |
| Algoma University | $3.909 | $3.878 | $3.660 | $3.806 | |
| Ontario College of Art and Design University | $21.872 | $19.572 | $19.896 | | |