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 2024/2025 fiscal year, the total value of endowments at Canadian universities was almost $26 billion.

Some universities do not have endowments while the largest endowment for a single university - the University of Toronto - is over $4 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 (2025/26)
billions CAD		 Endowment (2024/25)
billions CAD		 Endowment (2023/24)
billions CAD		 Endowment (2022/23)
billions CAD		 Endowment (2021/22)
billions CAD
University of Toronto[Notes 1] $4.480[2] $3.933[3] $3.616[4] $3.267[5] $3.167[6]
University of British Columbia $2.641[7] $2.336[8] $2.123[9] $2.104[10]
McGill University $2.136[11] $1.977[12] $1.822[13] $1.739[14]
University of Alberta $2.091[15] $1.912[16] $1.815[17] $1.728[18] $1.639[19]
Queen's University at Kingston $1.717[20] $1.597[21] $1.448[22] $1.407[23]
University of Calgary $1.719[24] $1.540[25] $1.316[26] $1.176[27] $1.162[28]
University of Western Ontario $1.426[29] $1.296[30] $1.141[31] $1.046 [32]
  1. ↑ Endowments for the University of Toronto's federated universities 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 (2025/26)
millions CAD		 Endowment (2024/25)
millions CAD		 Endowment (2023/24)
millions CAD		 Endowment (2022/23)
millions CAD		 Endowment (2021/22)
millions CAD
Carleton University $401.181[33] $370.157[34] $361.423[35] $343.266[36]
Dalhousie University $783.313[37] $753.271[38] $707.191[39] $681.497[40] $597.593[41]
McMaster University $882.314[42] $815.1[43] $750.5[44] $704.994[45]
Simon Fraser University $557.498[46] $520.4[47] $485.471[48] $470.610[49]
Université de Montréal $530.672[50] $469.157[51] $428.951[52] $403.054[53]
University of Ottawa $361.952[54] $350.738[55] $333.880[56] $321.301[57]
University of Guelph $536.816[58] $486.113[59] $445.165[60] $411.6[61]
University of Manitoba $739.335[62] $675.969[63] $619.983[64] $600.213[65]
University of Victoria $470.829[66] $455.457[67] $436.144[68] $418.237[69]
University of Waterloo $565.462[70] $524.827[71] $492.010[72] $464.677[73]
Victoria University, Toronto $592.945[74] $572.304[75] $555.701[76] $544.261[77]
University of Saskatchewan $535.573[78] $509.173[79] $475.371[80] $462.817[81]
York University $661.612[82] $607.792[83] $566.712[84] $533.567[85]
University of New Brunswick $276.505[86] $259.864[87] $238.328[88] $215.945[89]

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 (2025/26)
millions CAD		 Endowment (2024/25)
millions CAD		 Endowment (2023/24)
millions CAD		 Endowment (2022/23)
millions CAD		 Endowment (2021/22)
millions CAD
Brock University $132.011[90] $130.145[91] $122.332[92] $119.025[93]
Laurentian University $52.527[94] $49.614[95] $47.510[96] $60.961[97]
Laval University $237.424[98] $224.497[99] $199.944[100] $34.679[101]
University of Lethbridge $109.910[102] $104.301[103] $94.892[104] $94.499[105]
Memorial University of Newfoundland $197.468[106] $177.960[107] $158.794[108] $156.119[109]
Nipissing University $14.968[110] $12.859[111] $12.702[112] $12.326[113]
Toronto Metropolitan University $169.473[114] $162.661[115] $155.492[116] $148.873[117]
Trent University $108.712[118] $102.312[119] $95.119[120] $86.909[121]
University of Regina $71.299[122] $64.115[123] $60.490[124] $59.316[125]
University of Windsor $165.228[126] $151.903[127] $139.776[128] $140.486[129]
University of Prince Edward Island $69.065[130] $66.049[131] $60.134[132] $54.133[133]
Lakehead University $62.393[134] $58.650[135] $68.626[136] $64.417[137]
Wilfrid Laurier University $129.213[138] $120.539[139] $113.943[140] $107.752[141]
Redeemer University College $7.206[142] $6.608[143] $6.201[144] $6.220[145]
Trinity Western University $47.712[146] $41.641[147] $36.953[148] $33.578[149]
University of King's College $43.971[150] $37.601[151] $35.348[152] $35.613[153]
Saint Mary's University $61.110[154] $54.511[155] $53.266[156] $58.300[157]
Acadia University $164.612[158] $146.296[159] $133.599[160] $120.130[161] $117.538[162]
Mount Saint Vincent University $44.674[163] $39.410[164] $36.537[165] $36.221[166]
Saint Francis Xavier University $227.766[167] $207.184[168] $182.539[169] $185.261[170]
Mount Allison University $244.737[171] $235.698[172] $220.585[173] $215.1[174]
Mount Royal University $91.700[175] $76.339[176] $78.043[177] $76.966[178]
Concordia University $172.167[179] $158.623[180] $142.530[181] $139.068[182]
University of Northern British Columbia $75.591[183] $73.119[184] $71.871[185] $69.464[186]
Algoma University $4.091[187] $3.909[188] $3.878[189] $3.660[190]
Ontario College of Art and Design University $23.618[191] $21.872[192] $19.572[193] $19.896[194]

See also

References

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