Lab Product News
News

Hospital research income in Canada posts solid growth


Toronto, ON – Total research income at Canada’s 40 leading hospitals expanded by 4.8% last year, according to Research Infosource, which today released its annual Canada’s Top 40 Research Hospitals List, ranking Canadian hospitals on their success in attracting support for health research.

Combined income for research expanded to $2.3 billion from $2.2 billion in 2011. The 2012 result is especially comforting in light of last year’s meagre national funding increase of only 0.7%.

At the top of the list was Toronto’s University Health Network, which attracted $302.3 million of research funding, a growth of 19.4% from the previous year. Montreal’s McGill University Health Centre moved into 2nd place nationally with research income rising to $175.7 million; an increase of 14.8% over 2011. Toronto’s Hospital for Sick Children came in at 3rd place in the national ranking at $171.2 million, an increase of 2.0%. Ottawa Hospital ($152.7 million, 17.5%) and Vancouver Coastal Health Authority ($134.3 million, 11.6%) rounded out the top 5 institutions. Overall, 28 hospitals posted increases in research income in 2012, compared with 12 hospitals where income declined or was flat.

The full list can be accessed here.