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University research income stagnates in 2012

Research income at Canada’s top 50 research universities rose by just 1.1 per cent in 2012, according to the latest data published by Research Infosource.

This is just half of the increase recorded in 2011, and is the smallest jump since the publication began tracking research income in 2001.

A total of 28 universities saw their research income decline, though the University of Toronto managed a 13.4 per cent increase, to become the first Canadian university to earn more than $1 billion in research income in a single year. Memorial University, in St. John’s, Newfoundland, also had an impressive year, with its research income jumping by more than 50 per cent, making it the 19th member of the “$100-million club”.

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