Find recent budget-related updates that are published on the Â鶹¹ÙÍø's Gazette website.
Oct 07, 2026
Board of Trustees approves 2025-26 Audited Consolidated Financial Statements
New provincial funding and continued fiscal measures eased budgetary pressures, while strong investment returns enable sustained investment in Â鶹¹ÙÍø's future.
Sep 23, 2026
University budget model review underway
Consultations held over the summer will help inform the assessment of new budget model options.
May 11, 2026
Â鶹¹ÙÍø’s Board of Trustees approves 2026-27 operating budget
The university’s financial outlook has improved but continued budget management is needed to address ongoing pressures.
May 04, 2026
Â鶹¹ÙÍø credit ratings remain strong and stable
S&P and Morningstar DBRS affirm Â鶹¹ÙÍø’s strong credit ratings, highlighting the importance of ongoing prudent financial management.
Apr 01, 2026
Provost launches review of the university budget model
The review will include broad consultations aimed at ensuring the budget model better supports the university’s academic and research priorities.
Oct 01, 2025
Board of Trustees approves 2024-25 audited consolidated financial statements
The annual results highlight both investment success and sustained operating challenges.
May 21, 2025
Â鶹¹ÙÍø’s Board of Trustees approves 2025-26 budget
The university continues to address its financial challenges, aiming to reduce its operating budget deficit while supporting and advancing its commitment to academic and research excellence.
Apr 23, 2025
Province invests $750 million to boost STEM programs
Â鶹¹ÙÍø’s will receive $15.9 million to support Science, Technology, Engineering, and Mathematics programs, responding to a growing demand for skilled graduates in these fields.
Oct 09, 2024
Review of graduate student funding announced
No changes to Â鶹¹ÙÍø’s Graduate Award until review is complete.
Oct 04, 2024
Â鶹¹ÙÍø’s Board of Trustees approves audited consolidated financial statement
Strong, one-time investment returns show 2023-24 surplus, but structural operating budget deficit still projected for 2024-25.
Sep 16, 2024
Balanced budget activities update
Â鶹¹ÙÍø’s continues to implement measures to address the operating budget deficit and strengthen our long-term academic mission.
May 15, 2024
Â鶹¹ÙÍø’s projects 2024-25 operating budget deficit
University also announces final projected operating fund results for the 2023-24 fiscal year.
May 01, 2024
Morningstar DBRS releases Â鶹¹ÙÍø credit ratings
AA rating unchanged and expected to remain stable through the medium term.
Apr 22, 2024
S&P Global Ratings releases Â鶹¹ÙÍø credit ratings
The university’s rating has remained unchanged at AA+, signifying a stable long-term outlook.
Mar 26, 2024
Voluntary Exit Incentive for Faculty of Arts and Science staff
Pilot program allows eligible Arts and Science staff to exit roles in exchange for lump sum payment.
Mar 20, 2024
Â鶹¹ÙÍø’s offering voluntary retirement option for eligible faculty, librarians, and archivists
The Voluntary Retirement Plan applies to longer-serving QUFA members who meet certain requirements.
Mar 05, 2024
Â鶹¹ÙÍø's Renew Program progress update
The first part of the Service Effective Survey garnered high participation and Activity Data Collection is set to begin this week.
Jan 31, 2024
An update on Â鶹¹ÙÍø’s Renew Program
The Professional Services Working Group, with representation from faculties and shared services across the university, will oversee the multi-year program.
Jan 26, 2024
Principal’s statement regarding the Â鶹¹ÙÍø’s budget
Principal Deane addresses the community on the university’s financial situation.
Jan 25, 2024
Principal Deane addresses financial challenges
Principal reassures community that the university is working to ensure Â鶹¹ÙÍø's stays financially healthy for the long term.
See also:
January 17, 2024: Budget presentation to special meeting of Senate (PDF 1MB)
November 30, 2023: Update on Â鶹¹ÙÍø's operating budget deficit (PDF 500KB)
October 26, 2023: QMPG Town Hall slides (PDF 1.5 MB)