By Alex Usher. Transfers for PSE began in 1951 when the Government of Canada decided to devote 50 cents per capita to the task ($7.1 million in 1951 dollars, or about $65 million in today’s money).  This was not a transfer to provinces because Quebec Premier Duplessis – quite rightly – told the feds that the idea of tied transfers was a constitutional non-starter.  So to get around this problem, the National Conference of Canadian Universities (i.e Universities Canada, two name-changes ago) set up a shell organization called the Canadian Universities Fund, which took money from the feds and distributed it to universities directly, except in Quebec where Duplessis told institutions he’d cut their budgets dollar for dollar if they accepted the money. More...