

Almost all Canadian Universities (and the ones we are really talking about here) are all non-profit. They reinvest any profits back into the institution to improve their capacity for research. This is why Canada has some of the world’s leading research universities. They are not profiting to make individual people richer, they are profiting to make society and our future richer.
This is starting to change though. There are unfortunately a growing number of for-profit “universities” in the country but most of them are transparently low quality diploma-mills (which is a whole different problem that needs dealing with) and aside from misleading naive domestic and mostly international students and separating them from their money, they remain of very marginal educational or research significance. That may not continue though unless we do something to support our large majority of non-profit universities.

We were so close with Trudeau. He was elected entirely on the back of that promise and everyone knew it. All we had to do was hold his feet to the fire when he tried to weasel out of it after getting the majority that left him no reasonable excuse for not following through. But we all know what happened. He later even said his biggest regret was not following through on electoral reform. Well, yeah. I’m not sure I believe him, but if he’s telling the truth I hope it fucking haunts him. It should. I’ll certainly never forgive him.