In the opaque cloud of process, the University of British Columbia announced yesterday that it is operating “in a constrained funding environment.” So what in the world does “constrained funding” mean?
Of course, UBC’s faculty and students have grown accustomed to “constrained funding” if this means few to no internal funds for research and teaching despite millions in revenue for more administrators and capital projects. Yes, we know what “constrained funding” means in that sense.
But what exactly does “a constrained funding environment” mean at the University level? Does it mean a $120m deficit? $30m deficit?
Does it simply mean that the economy and Loonie and are nosediving, so expect the worst in 2016-17?
Follow
