Memorial has developed a list of comparator universities, based on various online reports and information from the Canadian Association of University Business Officers (CAUBO). As of May 2024, these comparators are:

• Carleton University (Ontario)​
• Dalhousie University (Nova Scotia)​
• Simon Fraser University (British Columbia)​
• University of Guelph (Ontario)​
• University of New Brunswick (New Brunswick)​
• University of Saskatchewan (Saskatchewan)​
• University of Victoria (British Columbia)​
• University of Windsor (Ontario)​
• Wilfrid Laurier University (Ontario)