YorkU accepts recommendations outlined in ON Auditor General report

The Office of the Auditor General of Ontario recently released its 2023 Annual Report, which included a focus on York University. While the university is financially sustainable, Acting Auditor General Nick Stavropoulos noted that “increasing dependence on revenue from international students, capital expansion projects and a deferred maintenance backlog warrant more attention.” YorkU President Rhonda Lenton issued a statement in response to the report, affirming that YorkU is financially sustainable and that the university accepts the recommendations in the report. Looking forward, Lenton explained that YorkU plans to grow enrolment; assess the sustainability of its programs, departments, and faculties; and diversify its sources of revenue.