According to a report released by Statista, about 92% of adults in Canada had a minimum of high school educational qualification in the year 2018. Further, the spending on education in high schools and undergraduate courses in Canada saw an 81% increase in 2016 since 2000, reaching a figure of 60.49 billion Canadian dollars. Subsequently, the report mentions the unemployment rate in Canada stood at 4.3% among the individuals who have pursued university education.