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York releases summary of economic and social impact report

York University contributes $4.4 billion to Ontario’s economy, according to Driving Positive Change: The York University Economic and Social Impact Report 2020 Summary, a new report released on January 25. More than 5,500 alumni were surveyed for the report, which measures and quantifies the significant economic and social benefits generated by York alumni, students, staff, and faculty, and tells a story about the difference the university is making to positively impact communities locally and globally.

The summary, which is based on a 72-page report, profiles the University’s economic, fiscal and social impact in the GTHA, Ontario and beyond. It documents the magnitude of York’s economic impact on the region, province and nation through access to education, employment, innovative research and as a global gateway.

“This report demonstrates how the University serves as a ladder of opportunity for students, an engine for social progress, and a driver of economic growth for Ontario and Canada,” says York University President and Vice-Chancellor, Rhonda L. Lenton. “It illustrates how, with strong partnerships both locally and internationally, we are continuing to amplify our research, scholarship and creative activities, and expand our innovation and entrepreneurship network to increase our contributions to the social, economic, cultural and environmental well-being of our local and global communities.”

To prepare the report, the University engaged the independent firm Higher Education Strategy Associates (HESA) to work with York’s Office of Institutional Planning and Analysis to conduct surveys of first-generation students and alumni. The resulting document presents an inspiring portrait of a modern post-secondary institution committed to positive change.

To learn more about the key findings in Driving Positive Change: The York University Economic and Social Impact Report 2020 Summary, visit the Driving Positive Change website.