By Rosalind Russell – Sault College is facing a $5.7-million deficit, so the president says steps are being taken to mitigate the loss including hiring and salary freezes and suspension of some programs.
College President, David Orazietti says the deficit stems from a reduction in the number of international students who will be attending Sault College’s private partner college: Brampton’s TriOS College.
He says the feds announced a two-year cap on the number of international students allowed to study in Canada while the Ontario government extended a tuition fee freeze for another three years as well a continuing a freeze on grant funding for students.
Orazietti says they are putting a hiring freeze in place, as well as freezing salaries pointing out that it is only part-time non-unionized faculty that will be directly affected.
He adds full-time faculty in suspended programs will be moved into other program areas, but some programs will be suspended with the board reassessing the financial situation in late Spring, 2025.
Orazietti adds the college is receiving some relief, around 2.5 million dollars, from the Ontario government’s Postsecondary Education Sustainability Fund.