On Monday, Sept. 25 the University of Ottawa’s Board of Governors (BOG) met to discuss its latest financial numbers, the university’s academic ranking, and more.
On Monday, Sept. 25 the University of Ottawa’s Board of Governors (BOG) met to discuss its latest financial numbers, the university’s academic ranking, and more.
BOG vice-president resources Marc Joyal started his presentation by talking about how the U of O is facing an estimated $14.6-million deficit for the current fiscal year, a period that ends on April 30, 2017.
Moody’s Investors Service, which provides credit ratings and risk analyses to organizations around the world, released a report on Sept. 29 that characterizes the University of Ottawa’s recent debt issuance as “stable.”
The meeting covered a wide range of topics, from finances to the recent Student Academic Success Service (SASS) security breach.