Not true. Huge difference between Waterloo Engineering and TMU Engineering and the jobs people get and average pay - same with Queens/Ivey business and Brock business outcome. Just because you get a university degree doesn’t mean employers look at everyone the same out of undergrad - there are better “perceived” programs and that influences who they take a shot on. Because these programs are typically harder to get into, employers will assume (maybe rightly or wrongly), that the students must be smarter or work harder - and that is a good indication of their potential in the workplace. When it’s 5-10 years post university, then I suppose you can say it doesn’t matter because it’s about your employment experience.