St Clair board approves 2025-26 fiscal budget with $6.5M deficit

St Clair College’s board of governors recently approved the college’s 2025-26 fiscal budget, which includes a $6.5M deficit. St Clair President Michael Silvaggi said that the college’s 2025-26 fiscal budget and the recent decision to suspend 18 programs enabled the college to cut costs while still ensuring that it can pivot to address labour market needs in the future. Silvaggi told CTV News that the college has $75M in reserves and does not anticipate further program reductions at this time.