uSask reports progress in cost-saving plan

November 7, 2013

The University of Saskatchewan is making progress as it works to meet a goal of saving $44 million in operating costs by 2016, reported officials this week at a town hall meeting focusing on uSask’s TransformUS plan. The university found $15 million in savings this past year, part of which comes from the elimination of almost 250 jobs. 2 task forces are working to come up with another $25 million in savings, and will submit reports to uSask President Ilene Busch-Vishniac on November 30. uSask has a $100-million surplus this year, but says most of that money is reserved for specific purposes, such as research and endowments, and can't be used to cover the operating deficit. CTV Saskatoon | uSask News Release