$5-million deficit at Laurentian

January 30, 2009

Laurentian University faces a $5.3-million deficit this year, and its annual budget shortfall could top $14 million in 3 years if drastic measures aren't taken. Given a $7.7-million cut to the university's budget last year, job and program cuts may be inevitable, says Laurentian president Robert Bourgeois in a letter to staff and students. "The cuts will be difficult and the choices at times painful." Laurentian's budget-balancing also entails revenue increases. The school plans a 4% tuition increase for next fall, and will launch an aggressive recruitment campaign, with Francophone students being a particular target. North Bay Nugget