University Of Waterloo Board Of Governors Minutes
The board discussed several items, including conflict of interest declarations regarding a Health Care Spending Account (HCSA), the 2025-2026 Operating Budget, and institutional priorities. Key reports were presented on audits, risk, building and properties, finance and investment, and governance. The Board reviewed the actuarial valuation of the Pension Plan and approved the establishment of an HCSA for Faculty Association members following an arbitration award. Additionally, they approved the removal of the Department of Knowledge Integration from the Faculty of Environment and the annual report for Bill S-211 regarding forced labor in supply chains. The President provided updates on university events, leadership changes, and government relations impacts on higher education.