Academic Index Last updated: June 23, 2026

21 Best Universities in Ontario for Business

We ranked the top 21 universities for Business in Ontario based on strict academic metrics. Based on 259.1K scholarly articles and 8.57M peer-reviewed citations, we reveal the best research labs driving innovation in Business. This targeted approach bypasses general university reputation, directly revealing the strongest programs.

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1

Toronto

University of Toronto

For Business

#1 in Canada #7 in North America

54% Acceptance

102,431 Enrollment

1827 Founded

2

Waterloo

University of Waterloo

For Business

#5 in Canada #46 in North America

54% Acceptance

16,092 Enrollment

1957 Founded

3

London, Ontario

Western University

For Business

#6 in Canada #47 in North America

31% Acceptance

21,836 Enrollment

1878 Founded

4

Hamilton, Ontario

McMaster University

For Business

#7 in Canada #49 in North America

49% Acceptance

27,965 Enrollment

1887 Founded

5

Ottawa

University of Ottawa

For Business

#9 in Canada #59 in North America

47% Acceptance

42,027 Enrollment

1848 Founded

6

Toronto

York University

For Business

#10 in Canada #70 in North America

32% Acceptance

53,000 Enrollment

1959 Founded

7

Kingston, Ontario

Queen’s University

For Business

#11 in Canada #79 in North America

64% Acceptance

35,612 Enrollment

1841 Founded

8

Ottawa

Carleton University

For Business

#16 in Canada #112 in North America

17% Acceptance

9,109 Enrollment

1942 Founded

9

Guelph

University of Guelph

For Business

#18 in Canada #119 in North America

68% Acceptance

4,336 Enrollment

1964 Founded

10

Toronto

Ryerson University

For Business

#19 in Canada #120 in North America

61% Acceptance

38,950 Enrollment

1948 Founded

11

Waterloo

Wilfrid Laurier University

For Business

#25 in Canada #170 in North America

73% Acceptance

19,000 Enrollment

1911 Founded

12

Windsor

University of Windsor

For Business

#27 in Canada #188 in North America

30% Acceptance

16,092 Enrollment

1857 Founded

13

St. Catharines

Brock University

For Business

#30 in Canada #227 in North America

95% Acceptance

19,000 Enrollment

1964 Founded

14

Thunder Bay

Lakehead University

For Business

#34 in Canada #290 in North America

90% Acceptance

16,092 Enrollment

1965 Founded

15

Oshawa

Ontario Tech University

For Business

#35 in Canada #306 in North America

73% Acceptance

16,092 Enrollment

2002 Founded

16

Peterborough

Trent University

For Business

#40 in Canada #373 in North America

80% Acceptance

1,600 Enrollment

1963 Founded

17

Greater Sudbury

Laurentian University

For Business

#43 in Canada #421 in North America

66% Acceptance

9,323 Enrollment

1960 Founded

18

Kingston, Ontario

Royal Military College of Canada

For Business

#44 in Canada #434 in North America

22% Acceptance

9,476 Enrollment

1876 Founded

19

North Bay

Nipissing University

For Business

#56 in Canada #592 in North America

70% Acceptance

19,000 Enrollment

1992 Founded

20

Toronto

OCAD University

For Business

#72 in Canada #969 in North America

65% Acceptance

4,827 Enrollment

1876 Founded

21

Sault Ste. Marie

Algoma University

For Business

#74 in Canada #982 in North America

61% Acceptance

1,600 Enrollment

2008 Founded