Eduvation is tracking all public announcements and/or media reports regarding Canadian college and university estimated or anticipated revenue losses (green), budget cuts (orange), and deficits (red) for fiscal 2024-25, 2025-26, and 2026-27.

These various figures cumulatively provide a sense of CdnPSE’s total financial damage, largely due to IRCC’s international student visa policy changes.

The graph below is updated in real-time, but for detailed footnotes with clarification and source links, please see the full Budget Impacts Tracker in our free virtual community, Eduvation Circles. The full Tracker on Circles also includes data on percentage of operating budgets, and the international exposure of institutions who have not yet publicly reported financial impacts.

How can institutions cope?

These are challenging times for Canadian colleges and universities, between lagging pandemic repercussions, disruptive technologies, funding squeezes, international student caps, and now an impending trade war. More than ever, it is vital to maintain optimism and a sense of direction, to encourage openness to innovative ways of thinking and rethinking, and a long-term view of a more positive future.

Ken Steele blogs regularly on Eduvation Circles about emerging trends and promising practices, innovative approaches to program development, market growth, institutional efficiencies and new revenue opportunities.

He also offers a range of strategic planning services, and facilitates workshops and retreats for institutional boards and senior administrators. Each can be custom designed to suit your current context and objectives, but some popular topics include:

Check out the full range of Ken’s topics here!