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TMU ranks second for corporate research income growth in annual Research Infosource results

Annual rankings also highlight non-profit, federal granting agency research income success
January 18, 2023
Photo of the Kerr Hall quad and surrounding buildings on the Toronto Metropolitan University campus at dusk. A logo in the bottom right corner reads, “Canada’s Top 50 Research Universities 2022. Research Infosource Inc.”

Toronto Metropolitan University achieved outstanding growth in corporate research income and continued success in securing funding from federal granting agencies.

New rankings from Research Infosource have placed Toronto Metropolitan University (TMU) second in corporate research income growth for the 2020–2021 fiscal year. According to Research Infosource’s Canada’s Top 50 Research Universities 2022 list, external link, opens in new window, TMU achieved 117 per cent growth in corporate research income. The university also ranked third for not-for-profit research income growth, with a 36 per cent increase. TMU ranked sixth in research income in the comprehensive university tier.

In the five-year university spotlight, focusing on research income performance from federal granting councils between 2017 and 2021, TMU was among the top-ranking comprehensive institutions in two categories. The categories ranked research income from federal granting councils as a percentage of total university research income.

TMU placed fourth for research income from the Canadian Institutes of Health Research, with funding from that agency making up 3.7 per cent of TMU’s total research income. TMU ranked fifth for research income from the Social Sciences and Humanities Research Council of Canada, with 7.5 per cent of the university’s research income coming from that agency. 

“These outstanding results reflect TMU’s commitment to research excellence,” said Steven N. Liss, TMU’s vice-president, research and innovation. “The significant growth in corporate and not-for-profit research income demonstrates how well our faculty, students and staff work with our partners and collaborators to accelerate research. Together, they are addressing the critical real-world problems of today and developing innovative solutions.”

Overall, the university was 22nd in the Canada’s Top 50 Research Universities 2022 rankings, receiving a total of $102.3 million in research income in the 2020–2021 fiscal year. 

PDF fileResearch Infosource Inc., opens in new window is an independent research, consulting and publishing firm that focuses on Canadian research and development. It is known as a respected and leading source of ranking information on research universities, corporations, hospitals and colleges.