The University of Toronto continues to boast the strongest academic experience in Canada, according to the freshly-released and prestigious Academic Ranking of World Universities for 2020.

In fact, U of T just moved up a spot, from number 24 on last year's list to 23 as of right now.

That's spot number 23 out of more than 2,000 academic institutions around the world, seventh among all public universities in North America, and number 1 (by a long shot) at the national level. Not too shabby at all.

"We are delighted to be ranked the top Canadian university and one of the top 25 universities in the world by the Shanghai Ranking Consultancy, recognized for its rigour and detail in assessing the research and academic qualities of post-secondary institutions," said U of T vice-president and provost Cheryl Regehr of the news.

"These results reflect the University of Toronto’s position as a world-leading public research university that boasts top-notch faculty and produces exceptional graduates across a wide range of disciplines."

#UofT ranked first in Canada, 23rd globally in latest Shanghai academic & research rankings 🍁 https://t.co/W9ytiQlOor pic.twitter.com/mX60RgNMEm

— University of Toronto (@UofT) August 18, 2020

Compiled every year since 2003 by ShanghaiRanking Consultancy, the ranking is based on a number of different factors including a school's research impact, the quality of its facutly members and its overall academic prowess.

The University of Toronto is once again the only Canadian university, public or private, to make the top 25 list in 2020.

Trailing behind at spot number 38 in the global ranking is the University of British Columbia, followed McGill and McMaster at spots 78 and 98, respectively.

Queen's and Western are tied (how rich) in the "201-300" range, because at a certain point down the list, schools aren't even assigned individual rankings anymore.

Locally, York University was ranked 19th-best in Canada and Ryerson came in dead last, tied with Lakehead in the "901-1000" range.

You can see the full breakdown of Canadian schools here, and the world's top 25 universities for academics below:

1. Harvard University
2. Stanford University
3. University of Cambridge
4. Massachusetts Institute of Technology (MIT)
5. University of California, Berkeley
6. Princeton University
7. Columbia University
8. California Institute of Technology
9. University of Oxford
10. University of Chicago
11. Yale University
12. Cornell University
13. University of California, Los Angeles
14. Paris-Saclay University
15. Johns Hopkins University
16. University College London
17. University of Washington
18. University of California, San Diego
19. University of Pennsylvania
20. ETH Zurich
21. University of California, San Francisco
22. University of Michigan-Ann Arbor
23. University of Toronto
24. Washington University in St. Louis
25. Imperial College London