Toronto Metropolitan University

The committee meeting focused on setting priorities and expenditures for the upcoming 2026-27 university budget. Additionally, the committee discussed compliance requirements under the Strengthening Accountability and Student Supports Act, 2024, and reviewed a report regarding educational costs as directed by the Ministry of Training, Colleges and Universities Act.

The Board of Governors discussed several key topics including reports from the President, the Secretary regarding 2026 Board elections, and the Provost and Vice-President. The agenda focused on approval items such as the 2026-27 university budget priorities and expenditures, and a report on educational costs directive in compliance with Bill 166. Additionally, reports were presented by the chairs of the Finance Committee and the Employee Relations and Pensions Committee.

The document serves as a schedule of Board of Governors meetings and various committee sessions, including Audit and Risk, Employee Relations and Pensions, Finance, Governance, Negotiations, Investment Advisory, and Property committees. It also provides a comprehensive calendar of Canadian statutory holidays, university-specific dates, and a wide range of religious and cultural observances throughout the 2025-2026 academic year.

The committee reviewed the 2026-27 budget planning update, evaluated the unaudited financial statements for the period ending January 31, 2026, and received the Fiera Capital report regarding the period ending December 31, 2025.

The Board meeting focused on university budget planning, including a review of the 2026-27 budget strategy, provincial tuition fee policy changes, and operating funding adjustments. The Board reviewed unaudited financial statements for the third quarter and received reports from the President, Secretary, Provost, and chairs of various committees, including Finance and Audit and Risk. Additional topics included the Fighting Against Forced Labour and Child Labour in Supply Chains Act Annual Report, notice of amendments to General By-Laws, and presentations on academic plan implementation, research initiatives, and enrollment trends.