In 1907 he became president of the
University of Toronto. He steered a middle path, combining pure scholarship with practicality. Thus he introduced more vocational subjects, while also developing higher degree programmes. He sought to maximise the independence of the university, battling unsuccessfully to retain German faculty members in 1914. Nonetheless he was knighted in 1917 for his advocacy of wartime recruitment. Falconer believed in the need to increase public awareness of, and accessibility to, Canada's historical records. He was a long time member of
The Champlain Society's Council, serving as its Vice-President (1909-1935) and President (1936-42). Falconer wrote several books on current affairs, including
The German Tragedy and its Meaning for Canada (1915),
Idealism in National Character (1920) and
The United States as a Neighbour (1925). He was an advocate of broad cooperation between the English speaking nations in international affairs, but was concerned to avoid American dominance of these relationships. ==Retirement and death==