Friday, February 22, 2019

SPENDING IN CANADIAN PUBLIC SCHOOLS

Compensation (salaries and wages, fringe benefits, and pensions) accounts for most of the increase in spending for Canada as a whole, growing from $35.1 billion in 2006/07 to $48.3 billion in 2015/16. Salaries and wages increased by 33.2 percent, from $28.8 billion in 2006/07 to $38.4 billion in 2015/16, and accounted for 72.4 percent of the overall compensation increase. As a share of total education spending in public schools, salaries and wages increased slightly from 59.0 percent in 2006/07 to 59.4 percent in 2015/16.
Fringe benefits increased 48.8 percent from $3.7 billion to $5.6 billion over the period. The increase in this spending category explains 13.8 percent of the overall increase in compensation spending. As a share of total education spending in public schools, fringe benefits have increased from 7.6 percent in 2006/07 to 8.6 percent in 2015/16.
Teacher pension costs for Canada as a whole increased 71.0 percent from $2.6 billion in 2006/07 to $4.4 billion in 2015/16. Pension costs increased as a share of total education spending on public schools from 5.3 percent in 2006/07 to 6.8 percent in 2015/16.

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