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McGill University Faces $45M Deficit, Plans 500 Job Cuts

2/11/2025

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Summary

Story summary

McGill University is taking drastic measures to tackle looming deficits of $45 million, $16 million, and $14 million over the next three years, with potential cuts of up to 500 staff positions. These budget constraints, compounded by government policies on international students, threaten the quality of education. Concordia University is similarly grappling with significant financial challenges.

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Story summary

McGill University is taking drastic measures to tackle looming deficits of $45 million, $16 million, and $14 million over the next three years, with potential cuts of up to 500 staff positions. These budget constraints, compounded by government policies on international students, threaten the quality of education. Concordia University is similarly grappling with significant financial challenges.