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Atlantic Universities: Serving the Public Good - Vol. 4, Issue 12
December 22, 2020
The Association of Atlantic Universities (AAU) is pleased to share recent news about how our 16 public universities support regional priorities of economic prosperity, innovation and social development.
Key Facts

ECONOMIC ENGINES
Universities contribute more than $2 billion annually to the region’s economy, employing nearly 14,000 Atlantic Canadians in high quality, full-time jobs. In Nova Scotia, universities are the third largest export revenue sector behind tire manufacturing and seafood preparation & packaging ($886 million).

JOB-READY GRADUATES
Nearly 71,000 full-time students study at the region’s 16 universities which graduate nearly 18,500 degree holders annually. Those graduates become the region’s future professionals, business & industry, community and government leaders.

TALENT MAGNETS
Nearly 14,000 international students from over 160 countries study at the region’s universities. These highly qualified and motivated young people are the best source of new immigrants to Atlantic Canada.

R&D AND INNOVATION LEADERS
Universities perform nearly 60% of the region's R&D (more than $200 million annually) and generate the new ideas, services and products that drive the knowledge economy.

EFFICIENT AND ACCOUNTABLE
Interuniversity Services Inc. (ISI) members channelled $76.3 million through member developed and ISI administered shared contracts. The real benefit of cooperation results in savings for all members.
Working Together. Saving Together.
Research Commercialization
Springboard's network of universities and community colleges connect publicly-funded research with industry experts across the region's private sector, helping create 53 new companies since 2005.
Administrative Efficiency
Interuniversity Services Inc. (ISI), a university-led collaborative purchasing and employee benefits coordinator, generates $4.3 million in annual savings.