Financial Update

Universities across Canada and around the world continue to face unprecedented financial pressure. Queen's is no exception. The recession has impacted government revenues, compensation is our biggest operating cost and unfunded pension liability is a massive issue.

To keep the university community updated on university budget and fiscal issues, this website provides information on the serious financial challenges facing Queen's and the steps being taken to address them, as well as links to internal and external sources of information.

Latest Update:

March 26, 2012: Financial update from the Provost and V-P (Academic) and the V-P (Finance and Administration)

2011 Financial Updates

• Oct 24: Financial update
• June 10: Budget update
• April 18: Tackling the Challenge of Pension Reform
• February 16: The Role of Philanthropy
  

• Frequently Asked Questions

Queen's is committed to accountability and transparency. Financial Statements and Annual Reports, Reports on the Annual Budget and the University's Credit Rating Reports are available on the Queen's Financial Services web site.

Your feedback and input is welcome at: financial.challenge@queensu.ca

Alan Harrison, Provost and Vice-Principal (Academic)
Caroline Davis, Vice-Principal (Finance and Administration)