Horizon 9IÖÆ×÷³§Ãâ·Ñ is a university-wide initiative aimed at restoring our finances to protect our academic mission.
It will involve a wide range of measures:
- budget targets
- revenue growth
- internal consultations
- external benchmarking
Horizon 9IÖÆ×÷³§Ãâ·Ñ will take place in two phases.
Phase 1: Immediate budget correction
We must balance our 2025-26 budget. This means a $45M budget adjustment in cuts and/or new revenues across faculties/units, with potential savings to be found in suspending some activities, generating funds, increasing enrolments, and adopting more efficient processes.
Learn more about the budget situation
Phase 2: Efficiency and optimization
We must also ensure that 9IÖÆ×÷³§Ãâ·Ñ’s activities are as efficient as possible. We’re launching a range of working groups to simplify our financial processes, internal reporting pathways and administrative structures, to enhance our enrolment and financial aid strategies, to explore new online teaching possibilities, and much more.
Learn more about the working groups
UniForum
We have also joined UniForum – an externally led program that will benchmark our administrative activities with those at dozens of partner universities across Canada and other countries – starting with a survey of all faculty and staff.