UNB structural deficit poses "significant challenge"

January 20, 2010

In a budget update sent to faculty and staff, University of New Brunswick president Eddy Campbell states that while funding provided in the provincial government's latest budget has improved the school's near-term budget position, UNB's "ongoing structural deficit continues to pose a significant challenge." As outlined in a 3-year budget framework, in 2010-11, the university plans to reduce expenses by $2.5 million at its Fredericton campus, and by $400,000 at its Saint John campus. If left unchecked, UNB's annual operating structural shortfall could amount to approximately $4 million in 2011-12, and over $8 million in 2012-13. Update on UNB's 2010-11 Budget | UNB Budget Q&A