CBU = (annual operating grant - 3.1%)
Dr. John Harker, President and Vice-chancellor, Cape Breton University
and Chair, Council of Nova Scotia University Presidents (CONSUP)
The government's announced three plus percent (-3.1%) reduction to the annual operating grant ($10.5 million) to Nova Scotia's universities for 2012-13, "...is another blow to the quality and national competitiveness of the province's universities" said, Dr. John Harker, President and Vice-chancellor, Cape Breton University and Chair, Council of Nova Scotia University Presidents (CONSUP).
The 2012-13 cut to the system plus absorption of annual, inflationary cost increases by the universities will amount to approximately $33 million in an overall funding reduction.
In 2011-12, the Government cut the operating grant to universities by four percent (4%) plus forced the absorption of annual cost increases. That resulted in an overall funding reduction of $42 million to Nova Scotia's universities.
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