College revenues in Canada were $13.3 billion in 2019/2020. Since 2008/2009, revenues have remained relatively stable, increasing on average by 1.8% per year between 2008/2009 and 2019/2020, compared with an increase of 3.3% between 2001/2002 and 2007/2008. Public funding, although still the major source of revenue in most provinces, has declined steadily since 2008/2009, from 67.0% to 54.7% in 2019/2020. At the same time, the share of revenues from student fees increased from 19.6% in 2008/2009 to 34.1% in 2019/2020, which was driven mainly by the increase in enrolments of international students in colleges across the country.
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