VIU plans budget cuts to address projected $20.2M deficit

The Times Colonist reports that “years of cuts” are planned at Vancouver Island University to address a projected deficit. The news reports that the mitigation plan will address declining revenues by reducing academic department expenditures by 10% and non-academic department expenditures by 10% by 2025-26. VIU is considering reducing its operating hours, implementing seasonal closures for satellite campuses, and raising student housing and food services fees. New contracts costing $10K or more will require approval from the president, provost, or CFO. BC Minister of Post-Secondary Education and Future Skills Selina Robinson told that she does not believe that the future of VIU is at risk.