Annual Surveys and Reports:
The Financial Information of Universities and Colleges (FIUC), the only common source of financial data of Canadian universities and colleges, facilitates statistical and trend analysis on an aggregate level. The FIUC data is based on an annual return completed and submitted by each of CAUBO’s member institutions. It is a joint undertaking between CAUBO and Statistics Canada. Click here to access
RECODE and Canadian Association of University Business Officers (CAUBO) are collaborating on a national initiative to support post-secondary institutions across Canada in exploring emerging trends and expectations in social purpose administration. The partnership draws upon RECODE’s insights and networks in advancing community-centered solutions and CAUBO’s mission to enable excellence in Canadian higher education administration.
This initiative stems from broader research RECODE and Simon Fraser University pioneered last year on the roles post-secondary institutions can play to enhance community well-being – including and beyond their primary mandates of teaching and research. This concept–known as social infrastructure– is described in their report, Maximizing the Capacities of Advanced Education Institutions to Build Social Infrastructure for Canadian Communities, which lists the capacities and assets of universities, colleges and polytechnic institutes that can be mobilized to meet community needs.
The partnership complements three additional projects RECODE is pursuing with Universities Canada, Colleges and Institutes Canada, and a cohort of BC institutions under co-leadership with Simon Fraser University.
These are the instruments which advanced education institutions have in the toolbox to further contribute to the prosperity of Canadian communities. The Financial and Physical instruments are in the domain of chief administrative and financial officers and the subject of this partnership.
CAUBO and RECODE seek to identify industry best practices and support administrators in learning about embedding greater social value in domains such as human resources, facilities management, procurement, investment, risk management, planning and budgeting and ancillary services. While many administrative officers are already familiar with social and sustainable procurement and social and sustainable investment, the aim is that eventually, all core administrative functions will have a more explicit social component. This initiative is designed to:
- Outline these opportunities;
- Learn about and overcome the barriers; and
- Support advanced education administrators in building the capacity of their institutions in this evolving field.
“Choosing to say yes when it would have been easier to say no – is absolutely critical to driving innovation in large complex organizations like universities where the easy thing is not always the best thing to do. We were REALLY lucky to have innovative and collaborative leaders in Finance and Administration that looked for out of the box solutions to support an out of the box social venture.”
– Wendy Cukier, Co-Founder, Ryerson University Lifeline Syria Challenge, Professor Entrepreneurship and Strategy, Ryerson University
In the Spring of 2018 CAUBO and McConnell consulted with university and college administrators at the following workshops:
Highlights from these consultations include:
There is considerable enthusiasm for scaling and accelerating the concept of social purpose admin and finance
Many social purpose admin and finance initiatives are already underway, and there are many good practices to be shared across institutions
Social purpose admin and finance requires a senior champion to be successful
It needs to be included in the strategic plan for it to become an institutional priority
The partners are now hosting a webinar series to help institutions learn from each other, through sharing and replicating best practices. Efforts are also underway to determine how best to incorporate social purpose administration and finance into institutional strategic plans. CAUBO members say this is an important and necessary prerequisite to increasing innovation in this area of professional practice.
Coming Soon: Inventory of Best and Emerging Social Purpose Administration and Finance Practices
The partners also collaborated on a survey to create a database of practices at Canadian institutions. This database will be available soon.
Please contact Kelly Hodgins at email@example.com for more information.
Topical Surveys and Reports:
CAUBO has been looking at ways to help Canadian Universities manage rising benefits costs and risks.
To this end, a series of four educational briefs are being developed, that will:
- Introduce the main forms of benefits arrangements that exist in Canada
- Explore the various options available to mitigate associated costs and risks, and their fit for higher education institutions
The briefs are available for VP members only by clicking here.
CAUBO conducted a survey to identify how universities and colleges are handling the change in legislation. The survey results and summary are now available on the website (members only)
View the following documents:
With almost daily reports of intrusions, data breaches and cyber attacks, Cyber-security continues to be top of mind for university administrators and was identified as a priority issue in CAUBO’s service plan.
We are pleased to advise you that the following products and services have been developed:
- Cybersecurity in Higher Education (PPT presentation – members only)
- Not Just an IT Issue: Roles of the Board and Executives in Managing Cyber Threats (webinar recording – coming soon)
- Responding to a Cybersecurity or Data Breach: Are you ready? (webinar recording – coming soon)
Cybersecurity in a University Setting
CAUBO, with guidance from CUCCIO, has released a cybersecurity report to provide a tool to our members. View the following documents: