Beyond the ring

With this issue, we launch a new occasional column presenting news on post-secondary education across Canada and around the world. To suggest news items or topics for this column, email robie.uvic.ca, using “Beyond the Ring” for the subject line.

Additional $256 million for Nova Scotia universities
The Nova Scotia government has announced $256 million in additional funding for the province’s 11 universities. The province’s finance minister says university funding is a top priority for the government, especially during the current economic climate.

 

U of A projects $84-million deficit
The University of Alberta is expected to post an $84-million budget shortfall, mostly due to effects of the economic downturn on the university’s investments. Endowments have declined by about 15 per cent, or $112 million, this fiscal year. While no major cuts will result from the deficit, the university is expected to slow hiring and hold back on some optional spending.

 

Guelph aiming for $48 million in budget cuts
Nearly 122 staff and 68 faculty members at the University of Guelph have accepted voluntary departure packages, which will save the institution about $20 million a year. The university has identified an additional $10 million in operating cuts and is looking for another $18 million in savings. It recently decided to eliminate the women’s studies program and the organic agriculture major due to poor enrolments. Guelph was already struggling with a $16-million structural deficit. In 2008, the university’s pension and endowment funds dropped 9% in value.

   
 
 
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