UBC And U Of T Join Billion-Dollar Club

"They're certainly in there with the big guys," said George Dew, a senior analyst with the Canadian Association of University Business Officers, who ventured that McGill University in Montreal will crack the billion-dollar mark in the near future. University of British Columbia saw its endowment fund swell to just over $1-billion for the first time in the fiscal year ending last June 30, ranking 75th of the 785 post-secondary institutions in the survey, which was conducted by the conducted by the National Association of College and University Business Officers in Washington, D.C. The Vancouver-based university enjoyed a 31% return on its investments, outpacing the vast majority of North American institutions. ... http://www.nationalpost.com/rss/story.html?id=283707

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