The Board of Governors discussed various institutional matters, including the revised risk management framework and future reporting procedures. Financial reports for Q4 were reviewed, noting enrolment challenges and structural deficit management. The audit results for the fiscal year were presented, along with the proposed 2026-2027 budget and investment policy revisions. Updates were provided on the President's priorities, focusing on enrolment, student success, government relations, and philanthropic strategies. Additionally, the Board addressed governance and human resources items, including policy amendments, staff compensation adjustments, and committee reports.
Enterprise
Get verified public-sector contacts at scale
Find verified emails, direct dials, role context, job-change updates, and organization signals across every public-sector account you sell to.
The Board of Governors discussed various operational and strategic topics. Key discussions included the Q3 financial report, which highlighted enrollment variances, investment income performance, and cost pressures in facilities. The Board authorized interim budget arrangements for the upcoming period. Additionally, updates were provided on Board recruitment planning and governance initiatives, including preparations for the upcoming Annual General Meeting. Quarterly reports were presented regarding the President's priorities, advancements, governance, and audit and risk oversight. Several amendments to fundraising and giving policies were approved, and a motion regarding a divestment policy was referred to the Financial and Physical Resources Committee for review.
Dec 11, 2025·Board meeting
Board Of Governors Minutes
The board meeting addressed several key operational and governance matters. Discussions included an update on labour negotiations with CUPE, a review of Q2 financial results indicating enrollment challenges and a structural deficit, and verbal reports from various committees regarding strategic enrollment management, government relations, and fundraising initiatives. The board reviewed updates to the university's risk framework, governance policies, and asset evaluations. Additionally, the board approved several academic appointments for faculty members and appointed a new Chair for the Governance and Human Resources Committee. The board also received an update on the ongoing presidential search process and explored the potential establishment of a Presidential Advisory Committee.
