According to their audited financial statements [0] grants accounted for only $388 million against $917 million in expenses (or about 42%). [0] https://uwaterl

According to their audited financial statements [0] grants accounted for only $388 million against $917 million in expenses (or about 42%). [0] https://uwaterloo.ca/finance/sites/ca.finance/files/uploads/files/april_30_2016_financial_statements_0.pdf https://uwaterloo.ca/finance/sites/ca.finance/files/uploads/...