Funding cuts spur 1-year salary freeze at University of Calgary

The University of Calgary. Riley Brandt, University of Calgary, 2012

ALGARY – The University of Calgary has announced a one-year salary freeze for its 50 top executives to help deal with provincial government funding cuts.

The freeze is to be in effect from July 1 to June 30, 2016.

Last month, the government tabled a budget that includes a 1.4 per cent funding cut for post-secondary institutions this year and another 2.7 per cent in 2016-17.

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University Provost Dru Marshall says the salary freeze is a fiscally prudent and responsible step to take.

He estimates the government funding cuts and inflation will leave the university with up to a $47 million shortfall by 2016-17.

The university says it has also put the possible granting of merit increases for managers and professional staff on hold.

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READ MORE: Calgary students launch campaign against post-secondary education cuts

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