Tag: budget

Some students fear financial impact of Quebec government decision to end Perspective Scholarships Program early

On Feb. 7, the Quebec government announced that it is ending its Quebec Perspective Scholarship Program (PBPQ) earlier than expected, with the winter 2025 semester being the last semester to accept new applicants. The program that Premier François Legault initiated in November 2021 gave bursaries of $1,500-$2,500 CAD to students[Read More…]

McGill expected to cut 250-500 positions as university faces dire financial circumstances

McGill’s top executives hosted a virtual town hall on Feb. 7 to discuss the university’s 2024-2025 budget, particularly their strategy to address its deficit. Co-hosts of the event, President and Vice-Chancellor Deep Saini, Provost and Executive Vice-President (Academic) Christopher Manfredi, and Vice-President (Administration and Finance) Fabrice Labeau, laid out their[Read More…]

McGill projects $37 million CAD deficit by 2028 due to government tuition changes, budget cuts

Provost and Executive Vice-President (Academic) Christopher Manfredi hosted a virtual town hall on McGill’s finances and the 2024-2025 budget on Nov. 19, addressing the university’s growing fiscal challenges. The meeting discussed McGill’s projected $37 million CAD deficit by fiscal year 2028, driven by governmental pressures on enrollment-driven revenue, including a[Read More…]

SSMU Legislative Council learns SACOMSS failed internal review of services

The Students’ Society of McGill University (SSMU) Legislative Council convened for its second-to-last meeting of the 2023-2024 academic year on Thursday, April 4. The meeting saw reports on the First Year Council (FYC), Library Improvement Fund Committee, Environment Committee, Services Review Committee, and Varsity Council; a presentation of the 2024-2025[Read More…]

Montreal’s 2024 budget inflates a ballooning SPVM, while crucial accessibility issues go unaddressed

Announced on Nov. 15, Montreal’s 2024 budget raises serious concerns regarding the skewed allocation of funds accompanying the 3.5 per cent spending increase. The municipal government allocated the majority of the budget to investments in public transit––which is receiving a budget increase of $48.4 million, bringing it up to $715.6[Read More…]

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