Lakehead University is ranked 2nd out of five universities in Ontario according to MacLean's magazine, which is out with its annual report card. Lakehead is 1st in Library Holdings Per Student, 2nd in in the province in the following categories: Student/Faculty Ratio, in Student and Faculty Awards, in Social Sciences & Humanities Grants, in Total Research Dollars, in Library Expenses and Acquisitions and in Operating Budget. L.U. did drop by one to 12th overall in Canada among 19 universities surveyed.