I welcome the question.
Let me just say, first off, in terms of jobs, that from July 2008 to July 2012 there have been 700,000 net new jobs for university graduates. There have been 320,000 jobs for college graduates. There have been 640,000 jobs lost for those with only high school. So we do have some issues to face.
The idea that university graduates are not getting jobs is not borne out by evidence: 94% of graduates in Ontario report having a job within six months of graduation.
For anyone who doesn't have a job, it is a terrible issue to face. There is more we can do to make sure that young people connect to the labour force. There is more that universities are doing to prepare students for careers. But to suggest that too many people are going to university is really a strategy not for success but for failure.
I might add, because we look at international rankings and standards, that university enrolment in Canada ranks 15th in the OECD. Although we've increased enrolment by about 60% in the last 15 years—the equivalent of creating the largest university in each province again, and then building another University of Toronto—other countries are increasing enrolment further and faster.
We're looking at our competitive countries. I spoke of a million graduates in Canada. China increased enrolment by a million graduates in the last 12 months.