The Budget Corner

Posted on Thursday, December 5, 2013


Welcome to the Budget Corner, your source for the latest information on McGill’s finances. Click on the links below to get the details on each story.

McGill’s financial situation – October 2014, Q&A

For an update on McGill’s financial situation, click here.

McGill had prepared for more Quebec budget cuts, Fortier tells Senate

Because McGill had already anticipated another round of funding cuts from the Quebec government, the University is well placed to weather this next round of spending reductions, Principal Suzanne Fortier told Senate on Sept. 17. Get the full story here.

May 13, 2014: Budget FY15 – What you need to know

Budget Book FY2015 was approved by the Board of Governors on April 29. Click here for an overview of highlights.

April 24, 2014: Masi presents highlights of McGill’s budget for fiscal 2014-2015 to Senate

In light of continued funding uncertainty, McGill must preserve what it has achieved over the last year, Provost Anthony C. Masi told Senate on April 23. His presentation was the last of three updates on McGill’s budget planning in the run-up to the Board of Governors’ April 29 final approval of the budget for fiscal 2014-2015 (FY2015). Read the article here.

Feb. 24, 2014: ‘We must break even in the next fiscal year,’ Masi tells Senate in update on budget planning

As the 2014 fiscal year draws to a close in April, the University’s financial planning for next year, as well as its forecast to 2019, is taking concrete shape, Provost Anthony C. Masi told Senate on Feb. 19,  in the second of three updates on McGill’s budget. Get the full story here.

Dec. 5, 2013: Financial update

On Dec. 4, Provost Anthony C. Masi and VP Administration and Finance Michael Di Grappa updated Senate on the financial state of the university, the forecasts for this current fiscal year (FY2014), and thoughts on preliminary budget planning for FY2015.

• “We are on the right track”, Di Grappa and Masi tell Senate. Read the full story here.

• Full Presentations:

o Annual report on the financial state of the University, by Michael Di Grappa, VP (Administration and Finance)

o Budget Report 1, by Provost Anthony C. Masi

Sept. 5, 2013: Masi on budget cuts

To get an update on the McGill’s financial situation, The Reporter asked Provost Anthony C. Masi to answer four questions on the response to McGill’s plan to cut $43.5 million from its operating budget. Read the full story here.


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