The Ring

Healthy, wealthy and wise: The value of a university degree

Fri, 2010-10-01 00:00

The Association of Universities and Colleges of Canada released new data on the value of a university degree on Aug. 31. The report indicates that a university graduate will earn $1.3 million more over his or her lifetime than someone who has not gone beyond high school.


Financial aid continues to grow

Fri, 2010-10-01 00:00

This year, BC's research-intensive universities (UVic, UBC, SFU and UNBC) are offering students a record amount of direct financial aid.


University research key to Canada’s future

Mon, 2010-03-01 15:00

As Canada emerges from the economic downturn, we have an opportunity to support research and innovation that will enhance our future. That’s the key message in an op-ed piece in the Feb. 22 Hill Times by Heather Munroe-Blum, chair of the AUCC Standing Advisory Committee on University Research and principal and vice-chancellor of McGill University.


McMaster expects to cut 50–100 jobs

Mon, 2010-03-01 15:00

Forecasting 2010/11 to be the fourth consecutive year of deficits, McMaster University is looking to find $48 million in budget savings: $22 million to cover inflation, $14 million to cover post-retirement medical and dental benefits, $8 million to cover pension deficits, and $4 million for other increased costs.


Alberta budget hits U of A hard

Mon, 2010-03-01 15:00

The University of Alberta, already facing a projected $59-million budget shortfall, stands to lose an expected additional $20 million as a result of cuts to funding targeting new and growing programs in the February provincial budget.


Queen’s reviewing academic priorities

Fri, 2010-01-01 01:00

Queen’s University, facing a projected $33-million budget deficit over the next three years, is reviewing its academic priorities with an eye to doing less with less.


U of A raises tuition, fees to help address deficit

Fri, 2010-01-01 01:00

The University of Alberta in December raised tuition (1.5 per cent), residence rent (3.8 per cent) and parking fees (2 per cent) to help combat a projected $59-million budget shortfall for the next fiscal year.


BCIT considers layoffs to balance budget

Fri, 2010-01-01 01:00

The preliminary budget for the British Columbia Institute of Technology includes plans to eliminate 82 positions in order to deal with a projected $12-million budget deficit. Job cuts would affect managers, support staff and approximately 20 instructor positions. Burnaby News Leader story.


SFU facing $9-million in red ink

Mon, 2009-11-02 00:00

Simon Fraser University is anticipating a $9-million deficit for the 2010-11 fiscal year. In order to balance next year’s budget, the SFU administration is considering 3- to 5-per-cent cuts across all vice-presidential portfolios, with the larger cuts being made mostly to non-teaching and non-research services in both academic and non-academic units. More »


UBC addressing $25-million shortfall

Mon, 2009-11-02 00:00

The University of British Columbia is planning to address a $25-million shortfall and deliver a balanced budget for fiscal 2010-11. The university plans to address $16 million of the deficit through 3-per-cent reductions in administrative and central academic allocations and 2-per-cent cuts to faculties. Additional measures proposed include reducing building operations allocations and campus-wide contingencies. More » (see “Fall 2009 HEADS UP meeting”)