David Duke

The Board of Governors discussed various operational and financial updates, including a Q3 financial report showing revenue aligned with budget projections and increased international enrollment. Key topics included interim budget arrangements, strategic alignment with provincial performance measurement outcomes, and initiatives related to student experience, including residence guarantees for international students. Committee updates covered progress on the Enterprise Risk Management report, policy updates on gift acceptance and travel expenses, and planning for the Chancellor search. Additionally, an educational session regarding the role of faculty members in teaching, research, and service was presented to the Board.

The board approved the 2024-2025 financial statements, noting a deficit that was within expected ranges and an improved financial picture compared to the previous budget. A progress update was provided on collective bargaining negotiations with the faculty association, and the board discussed a new governance structure regarding the standardization of committee reports to be submitted for future consent agendas.

The board discussed and approved the naming of the Huggins 010 Auditorium as the Corkum Auditorium to honor a distinguished alumnus. Additionally, the board held a discussion regarding financial restructuring and entered a closed session to address the matter.

The meeting focused on the ratification of the 17th Collective Agreement with the faculty union, which aims to provide labour stability and improve cost efficiency. The Board discussed and approved the naming of the new Student Centre as the Eleanor Johnson Student Centre, pending final family consultation. Additionally, the Board reappointed Bethany Moffatt as the Chair of the Finance, Audit and Risk Committee and as the Board Secretary.

The meeting provided an update on Bill 12 and the associated Bilateral Agreement. Discussions covered the requirements of the agreement, including tuition freezes, grant increases, residence occupancy targets, and the necessity for academic program reform. The Board reviewed the university's strategy to maintain autonomy through a proactive, collaborative approach with the government. Additionally, the Board discussed institutional independence, communications strategy, financial health indicators, and future representation on the Board.