CBU approves 2025-26 operating budget that includes $6.8M deficit

Windwhistler
4 Min Read
CBU approves 2025-26 operating budget that includes $6.8M deficit

Nova ScotiaA capping of international study permits has negatively impacted CBU’s enrolment numbers, leading to a loss in revenue.University officials say budget shortfall can be attributed to a drop in international student enrolmentErin Pottie · CBC News · Posted: May 07, 2025 5:00 AM EDT | Last Updated: 6 hours agoCape Breton University’s board of governors has approved a $106.5-million operating budget for 2025-26 that includes a $6.8-million deficit due to the capping of international student enrolment. (Matthew Moore/CBC)Cape Breton University has cut some programs and will eliminate a number of positions over the next year in the face of a budget shortfall.On Tuesday, the university’s board of governors passed a $106.5-million operating budget for the upcoming school year, which includes a $6.8-million deficit. Gordon MacInnis, vice-president of finance and operations at CBU, said the budget is a reflection of the federal government’s decision to restrict the number of international students permitted to study in Nova Scotia.”It really has had a dramatic impact upon student enrolment across the country,” said MacInnis. “Because about 77 per cent of our enrolment was international, we are disproportionately impacted and that is what you’re seeing in the budget document.”A couple of years ago, CBU’s enrolment peaked at 9,100 students. MacInnis said that figure is now expected to drop to about 5,400 students, translating to a revenue loss of about $33 million. In an attempt to cut costs, CBU will move all of its operations back to its university campus on Grand Lake Road in Sydney. Some CBU students had classes at a theatre in downtown Sydney, while there were various offices and departments downtown as well.CBU also plans to pare at least 56 positions, 14 of which will be eliminated through attrition and by not filling vacancies.The university has already launched an early retirement incentive program for eligible employees and will not be renewing 56 term positions.MacInnis said CBU will prioritize the placement of full-time staff into new positions at the university’s newly created medical campus, which is set to begin operations this summer. The university has been preparing for a decline in revenues related to the international market, said MacInnis, with CBU now expected to balance its budget by 2027-28. “The most significant risk for us is that the international markets do not rebound as we are expecting that they may over the next couple of years,” he said. “And if that doesn’t go well, then you know, it will certainly be another challenge that we will have to address in the coming years.”Three programs have been suspended at CBU in recent months due to the decline in international student enrolment. They include two post-baccalaureate programs centred on health-care management and business management.CBU said it also expects there will be some increases in student fees in order to maintain the same student experience, although university officials did not specify how much they will go up.ABOUT THE AUTHORErin Pottie is a CBC reporter based in Sydney. She has been covering local news in Cape Breton for 17 years. Story ideas welcome at erin.pottie@cbc.ca.With files from Mainstreet Cape Breton

Share This Article
x  Powerful Protection for WordPress, from Shield Security
This Site Is Protected By
Shield Security