University of Saskatchewan passes $16.7M deficit budget - CBC News

According to president Peter Stoicheff, the University of Saskatchewan is in an unsustainable situation. On Tuesday, the U of S announced its board had approved a $16.7-million deficit budget to deal with a funding shortfall from the provincial government. It also plans a five per cent cut to salary and benefits for 75 senior leaders. Forty staff members have applied for voluntary buyouts. The deadline for applications is at the end of June. http://www.cbc.ca/news/canada/saskatoon/university-saskatchewan-16-million-deficit-1.4180262