University of Toronto libraries third-best in American rankings

The University of Toronto's massive library system has received high grades for the third year in a row. The Association of Research Libraries, based in Washington, D.C., has ranked the University of Toronto libraries as third-best in its annual Library Investment Index, behind Ivy League schools Harvard University and Yale University. The index measures how much a university invests in its library by looking at the number of volumes it has, how many it's added over the last year and how much it spends on salaries, among other things. The latest rankings are for data collected from 2010-11