The Association for Universities and Colleges in Canada [AUCC] (2007) addressed the House of Commons Finance Committee about investments they need to take to increase economic strength and global competitiveness. One recommendation included increasing the number of graduate students in Canada as talented and educated key players injecting innovation into all sectors. They estimated, “by 2016, an increase of at least 35 percent in domestic production of master’s and doctoral graduates will be required to meet growing demand for these highly skilled people and replace those who will retire” (p.1).
Also, global competition for graduate students requires attracting both domestic and international students. Therefore, there is a need for financial support in order to attract and maintain top students in Canada. Also important is honing students’ research skills to contribute to research and development in industry, and to contribute to the labour market through co-op placements.