Brandon University’s total economic impact exceeds $417 million every year, the vast proportion contributing directly to the Brandon economy and the economy of southwestern Manitoba.<\/p>\n
With an initial operating grant of $37\u00a0million\u00a0from the province, this represents an outstanding return on investment. Every dollar invested by the province returns $11.30 in economic activity.<\/p>\n
Brandon\u00a0University\u2019s total spending in Manitoba also brings excellent value. BU\u2019s total institutional spending of $48.2 million\u00a0means every dollar BU spends generates $8.66 in local\u00a0economic impact.<\/p>\n
However,\u00a0Brandon University\u2019s impact is not limited by the dollars it spends. Staff and faculty, students and visitors, also spend their money in the local economy, adding tremendous value to Brandon, to southwestern Manitoba, and to the entire province. The\u00a0ultimate impact on Brandon\u2019s overall economy through BU\u2019s\u00a0alumni, and the long-term impact of research at the university also need to be considered.<\/span><\/p>\n When adjusted for the size and student population of BU, that total economic impact is comparable to the average of other universities across Canada \u2014 a result that shows the analysis is reasonable, with fair and appropriate assumptions.<\/p>\n This economic impact provides a consistent baseline to track the growing\u00a0economic impact of Brandon University through the future.<\/p>\nComparing BU\u2019s\u00a0Economic Impact to other Universities<\/h2>\n