Operating Budget Deficit Updates

Queen's is working to address a significant structural deficit and return the university to a balanced operating budget. The university began acting on its current fiscal year deficit in the spring of 2023 by implementing a hiring freeze and imposing a reduction on faculty and shared services budgets. 

At the Senate meeting on February 1, 2024, Provost and Vice-Principal (Academic) Matthew Evans announced a one-year extension for the Faculty of Arts and Science (FAS) to address its structural deficit.  

General information and FAQs regarding the operating budget deficit are posted on the Queen's University Balanced Budget Plan website.

FAS Operating Budget

The FAS leadership team has been working on budget development over the past year with the FAS Budget Advisory Committee, which is composed of several department heads. The Committee met regularly, and through collaboration has brought recommendations forward to the Dean for consideration on revenue generation and cost savings that will assist in delivering a balanced budget for 2026-27.

The Faculty is currently working with its academic units to determine the path forward.

Updates will be provided as they are available. While budget planning and development is underway, the following FAQs may be helpful.