Budget cuts could be coming to key Ryerson facilities - Erin Kerbel, Ryerson Eye Opener

With a lack of governmental funds and fixed costs increasing in the 2014-2015 school year, departmental spending cuts could be in Ryerson’s future. A tentative solution to cut the university’s overall spending was presented March 20 by Ryerson president Sheldon Levy and Paul Stenton, Ryerson’s vice-provost of university planning at a Budget Town Hall. This year, universities and colleges in Ontario faced a one per cent reduction in grant money received from the provincial government. This coming year, the government is reducing the grants by another one per cent. Add in the ever-rising costs of heating, water, and hydro in the city, along with the salary increases for the university’s staff, and Ryerson is faced with a tricky situation when trying to balance the 2014-2015 budget. http://theeyeopener.com/2014/03/budget-cuts-could-be-coming-to-key-ryerson-facilities/