U of T students probably don't need anything more to brag about, as the school has been a top-rated university for a long time now. 

Still, the 2019 Academic Ranking of World Universities (ARWU) was just released by ShanghaiRanking Consultancy and it ranks U of T as the best university in Canada once again. 

OUT NOW: ShanghaiRanking’s Academic Ranking of World Universities (ARWU) 2019!#ARWU #ShanghaiRanking #universities
Let’s explore the full results here: https://t.co/0IFFrmu3Ep pic.twitter.com/OIVzudBeCS

— ShanghaiRanking (@ShanghaiRanking) August 15, 2019

ARWU ranks about 1,800 universities every year, but only the best 1,000 universities are published.

On the Canadian list, U of T is closely followed by the University of British Columbia at number two and McGill University and McMaster University are tied for third and fourth place. 

Ryerson University comes in last on the list, tied with Lakehead University at number 28.

On the worldwide list, U of T is the only Canadian university in the top 30 at number 24.

Eight out of the top 10 schools are in the U.S., with Harvard University taking the top spot for the 17th year. 

Here is ARWU's ranking of the top 30 universities in the world. 

1. Harvard University
2. Stanford University
3. University of Cambridge
4. Massachusetts Institute of Technology
5. University of California, Berkeley
6. Princeton University
7. University of Oxford
8. Columbia University
9. California Institute of Technology
10. University of Chicago
11. University of California, Los Angeles
12. Yale University
13. Cornell University
14. University of Washington
15. University College London
16. Johns Hopkins University
17. University of Pennsylvania
18. University of California, San Diego
19. Swiss Federal Institute of Technology Zurich
20. University of California, San Francisco
21. University of Michigan-Ann Arbor
22. Washington University in St. Louis
23. Imperial College London
24. University of Toronto
25. The University of Tokyo
26. University of Copenhagen
27. University of Wisconsin - Madison
28. Duke University 
29. Northwestern University
30. New York University 

ARWU ranks schools based on six factors: the number of alumni and staff winning Nobel Prizes and Fields Medals, the number of articles published in journals of nature and science, the number of highly-cited researchers and the number of articles indexed in Science Citation Index - Expanded and Social Sciences Citation Index produced by Web of Science Group, and per capita performance.