CBU says provincial budget fails to address funding shortfall

September 28, 2017

Cape Breton University says that the most recent Nova Scotia budget does not address a longstanding funding imbalance that has affected the school. While the new budget includes an additional $1M for CBU, the school maintains that it lost roughly $5.9M in 2008-2011, when the NS government's funding formula changed. Since that time, fellow NS institution Acadia University has reportedly received roughly $24.5M to help offset its costs. “For Cape Breton University to get a fair treatment, and for the Cape Breton community to have a fair treatment, we think it should be on the order of about a $3-million annual increase,” said CBU President Dale Keefe. CBC