Concordia announced Jan. 23 that it will enter into a deficit of up to $7.5 million for the 2012-2013 fiscal year; one of the biggest deficits declared in the university’s history.
With four revisions to its operating budget in eight months and little communication from the provincial government, Concordia University is heading for a deficit, all the while waiting to hear about additional funding from the Parti Québécois.