MB releases budget including 12% increase to postsecondary funding

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The Government of Manitoba’s newly released 2023/24 budget includes a 12% increase to the postsecondary education system’s funding envelope. The University of Manitoba received a 10.8% ($37.8M) increase to its operating grant as well as $12.6M to address deferred maintenance needs. The University of Winnipeg will receive over $77.58M, as well as $1.2M for deferred maintenance, which is a 20.2% increase to its operating budget. “I am very pleased with this year’s allocation,” said UWinnipeg President Dr Todd Mondor. “These funds will relieve some the of financial pressures we have faced and allow us to look forward with optimism to the enhanced contributions we can make to our province, city, and especially to supporting all of those in our community.”

UManitoba | UWinnipeg