Best business schools in Canada 2026
Explore Times Higher Education rankings for the best business schools in Canada 2026.
The Times Higher Education rankings use a robust methodology, created by the in-house data team, relied upon by students, academics, policymakers, and industry leaders worldwide. Business schools in Canada are evaluated based on teaching, research, and international outlook.
The rankings below reveal offering prospective students insights into the highest-ranking universities in the field.
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Best business schools in Canada 2026
| Canada Business Rank 2026 | Global Business Rank 2026 | University | Overall | Teaching | Research Environment | Research Quality | Industry | International Outlook |
| 1 | 23 | University of Toronto | 76.2 | 71.4 | 76.7 | 77 | 67.6 | 92 |
| 2 | 36 | University of British Columbia | 69.1 | 60.4 | 69.7 | 70.3 | 67 | 93.3 |
| 3 | 85 | Western University | 57.7 | 53.4 | 38.2 | 70.4 | 91.6 | 90.3 |
| 4 | 91 | McGill University | 57.1 | 46.7 | 45 | 68.3 | 80.1 | 93.6 |
| 5 | 101–125 | Université de Montréal | 52.2–55.9 | 45.5 | 42.9 | 66.8 | 92.4 | 76.8 |
| 6 | 126–150 | University of Alberta | 50.0–52.1 | 26.2 | 40 | 74.6 | 97.2 | 92.7 |
| =7 | 201–250 | University of Waterloo | 44.9–47.1 | 30.7 | 29.6 | 73.5 | 67.7 | 81 |
| =7 | 201–250 | York University | 44.9–47.1 | 24.4 | 27.4 | 72.5 | 67.1 | 91.1 |
| =9 | 251–300 | McMaster University | 42.5–44.8 | 25.6 | 23.4 | 69.1 | 72.8 | 88.4 |
| =9 | 251–300 | University of Ottawa | 42.5–44.8 | 25.1 | 26.9 | 70 | 66.3 | 89.6 |
| =11 | 301–400 | Dalhousie University | 39.5–42.4 | 15.4 | 25.1 | 71.9 | 62.6 | 85.9 |
| =11 | 301–400 | Queen’s University | 39.5–42.4 | 27 | 18 | 67.2 | 68.6 | 77.6 |
| =11 | 301–400 | Simon Fraser University | 39.5–42.4 | 23.8 | 23.7 | 63.9 | 71.6 | 92.3 |
| =11 | 301–400 | University of Calgary | 39.5–42.4 | 25.4 | 27.1 | 61.7 | 83.1 | 80.9 |
| =15 | 401–500 | Memorial University of Newfoundland | 36.4–39.4 | 13.3 | 18.8 | 77.1 | 60.1 | 83.3 |
| =15 | 401–500 | Toronto Metropolitan University | 36.4–39.4 | 15.5 | 24.8 | 68.1 | 79.7 | 66.1 |
| =15 | 401–500 | University of Victoria | 36.4–39.4 | 15.1 | 23.1 | 69.3 | 58.7 | 85.4 |
| =15 | 401–500 | University of Windsor | 36.4–39.4 | 15.1 | 16.9 | 75.2 | 52.3 | 89.9 |
| =15 | 401–500 | Université Laval | 36.4–39.4 | 21.6 | 21.9 | 60.4 | 65.4 | 76.7 |
| =20 | 501–600 | Ontario Tech University | 33.9–36.3 | 10.7 | 20.7 | 68.6 | 68 | 60.5 |
| =20 | 501–600 | University of Guelph | 33.9–36.3 | 18.3 | 21.8 | 56.8 | 63.2 | 63.8 |
| =20 | 501–600 | University of Manitoba | 33.9–36.3 | 19.8 | 18.7 | 60.3 | 58.4 | 61.3 |
| =20 | 501–600 | Université du Québec | 33.9–36.3 | 20 | 21.7 | 56.3 | 65.8 | 70.3 |
| =24 | 601–800 | Brock University | 28.8–33.8 | 13.4 | 15.3 | 61.9 | 28 | 70.8 |
| =24 | 601–800 | Carleton University | 28.8–33.8 | 16.5 | 18.3 | 55.2 | 40.6 | 78.2 |
| =24 | 601–800 | Concordia University | 28.8–33.8 | 15.4 | 15.3 | 60.4 | 65.2 | 71.6 |
| =24 | 601–800 | University of New Brunswick UNB | 28.8–33.8 | 13.9 | 10.4 | 53 | 65.2 | 90 |
| =24 | 601–800 | University of Regina | 28.8–33.8 | 10.3 | 17 | 59.5 | 52.7 | 68.6 |
| =24 | 601–800 | University of Saskatchewan | 28.8–33.8 | 14.8 | 17.3 | 52.4 | 69.7 | 60.6 |
| 30 | 801–1000 | Wilfrid Laurier University | 21.2–28.7 | 12.1 | 11.2 | 49.3 | 43.9 | 70.7 |
Key Insights into the Best Business Schools in Canada
- The top five universities for business in Canada remains unchanged with the University of Toronto maintaining its first place position.
- Memorial University of Newfoundland rejoins the ranking in 2026 after having dropped out in 2025
- McGill University achieves a high score for international outlook
- The business and economics ranking ranks universities across business and management; accounting and finance; and economics and econometrics.
- Some 30 universities from Canada are ranked in the business school ranking
Choosing the Right University in Canada for Business
Canada has a growing reputation as an attractive destination for higher education studies, offering students an enriching academic life with diverse and entertaining leisure activities.
Toronto, Montreal, Vancouver, Ottawa and Quebec each have a large international student population and a vibrant and lively atmosphere.
For undergraduate students looking to study business, most universities offer an undergraduate programme in commerce. This will provide the fundamentals of everything you need to pursue a career or further education in the field of business and management. If non-management students are looking to incorporate business or management into their degree, they can choose minors in the subject they are most interested in.
When selecting a university for business studies in Canada, rankings can provide a helpful benchmark for assessing academic strength and how well a university prepares you for a future career.
The Times Higher Education Subject Rankings: Business assess universities using five core pillars:
- Research environment
- Teaching quality
- Research quality
- Industry collaboration
- International outlook
These indicators give students and families reliable insights into how institutions perform across critical areas of education and innovation.
The table for the best universities for business in Australia was derived from data collected for the THE World University Subject Rankings: Business. The results are calculated using 18 performance indicators underlying five metrics. For more insights and a detailed breakdown of our ranking methodology, visit our methodology page. Use the ranking table above to explore the right institution for you.
