Financial update

Historical timeline

In planning for the future, it can be useful to look back and ask “how did we get here?” The chart and historical timeline provided here attempts to rewind the clock and identify some key decisions with significant financial impact that have occurred since 2002-03. These key decisions have been identified on the timeline along with an undergraduate and graduate student headcount, and a faculty, professional librarian and staff headcount. The chart begins in 2002-03, as it closely coincides with when the move to a comprehensive university was proposed and endorsed. An interesting observation is that the student to faculty and librarians, and the staff to faculty and librarians ratios have not changed substantially since 2002-03.

Note: The faculty and professional librarians headcount figures accumulated represent roster data (i.e. all employees holding a faculty position in the academic year). The staff headcount figures are from Human Resources and represent headcount as of October each year.

13.2

10.2

Figure 35: Historical audited financial results ($ millions)

16.9

7.3 7.4

6.4 8.8 12.0 15.9

11.9

7.0

(1.7)

(4.6)

(7.6) (5.8) (1.9) (2.2) 1.0

0

(16.1)

2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 133 174 198 204 224 221 229 245 260 271 286 299 313 313 324 337 354 358 341 134 161 188 197 217 226 245 253 266 273 288 298 296 307 315 325 338 346 334