“Probably the largest single budget cut we've ever had”: SK reduces PSE base funding by 5%

“It's a huge number,” said University of Regina President Vianne Timmons in response to the recent announcement that Saskatchewan will cut its base funding for PSE by 5% in the upcoming year. CBC reports that the most recent budget tabled by the province will also see the government decrease its overall spending in the Ministry of Advanced Education by $44M. Timmons noted that the cut will almost inevitably result in a tuition increase at URegina: “[it] will be a tough, tough year for us and tough to manage this, especially when growing. We will have to increase tuition but I'm committed to keeping the tuition increases reasonable.” University of Saskatchewan President Peter Stoicheff echoed Timmons’ surprise, adding that “I can't side step the fact that a minus five [per cent in funding] is probably the largest single budget cut we've ever had in our history.” CBC | StarPhoenix | NationTalk