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These funding cuts do not include the end of the cost of living allowance, which gave Keyano staff $1,040 monthly and cost the province $3.5 million annually.
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Try refreshing your browser. Province has cut nearly 17 per cent of operational funds for Keyano since 2018 Back to video
Dale Mountain, interim president of the college, said in an interview Keyano is in “a reasonably decent spot” and remains sustainable financially. There are no layoffs planned for next year and eight full-time positions have been added.
“We have a great community and a fantastic college. We’re very optimistic about the future and economic recovery,” he said in an interview. “We’ll certainly work with our community and partners to see the economy turn around.”
Province has cut nearly 17 per cent of operational funds for Keyano since 2018
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Some Alberta post-secondary institutions left relatively unscathed while U of A funds slashed, new data shows
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Chamber CEO says post-secondary cuts impact Lethbridge economy
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By Herald on May 27, 2021.
Cuts to the city’s post-secondary insititutions have effects on both the city and provincial economy, says Lethbridge Chamber CEO Cyndi Vos. Herald file photo
Al Beeber – Lethbridge Herald
The business of education has a huge impact on the provincial and city economy and the cut culture needs to end, the Southern Alberta Council on Public Affairs (SACPA) was told Thursday in its weekly online YouTube session.
Cyndi Vos, CEO of the Lethbridge Chamber of Commerce, addressed the financial impact the University of Lethbridge and Lethbridge College have on the economy and the need to bring stakeholders together to develop and encourage local leaders of the future.