Queen's principal says 'no risk' university will close, but fears remain
Kingston, Ont., school facing $48M deficit despite hiring freeze, other cuts
https://www.cbc.ca/news/canada/ottaw...ears-1.7097922
After months of anxiety about the future of Queen's University, a statement from principal Patrick Deane on Friday reassured worried staff and students that the institution is not facing imminent financial collapse.
"Let me be very clear that there is no risk that Queen's in any foreseeable future will close its doors," Deane said in the statement.
The principal acknowledged the unusual nature of his statement, but wrote it was necessary to "set the record straight."
His message followed weeks of meetings and debate about the university's budget, which proposes cuts meant to tackle a $48-million deficit, according to school officials.
Fears spiked during a town hall meeting in December when, as student newspaper The Queen's Journal reported, provost Matthew Evans said he was "concerned about the survival of this institution," adding: "Unless we sort this out, we will go under."