We are beginning the implementation phase of the Information Technology (IT) Functional Review, following endorsement by the Budget Implementation Steering Committee (BISG). During the fall term, the Functional Review Implementation Team considered appropriate responses.
The Board of Governors recently approved Waterloo’s Operating Budget for 2026/2027. The budget report provides details of the projected revenues and expenses, as well as an update on the multi-year plan to return to a balanced budget. This message highlights key elements of that plan.
As the University continues to enhance efficiency through streamlined operations and stronger coordination, we have identified opportunities to align efforts that advance Waterloo’s excellence in education, research, and impact worldwide through our global engagement.
Over the past year, a comprehensive review of the Graduate Studies and Postdoctoral Affairs (GSPA) portfolio was conducted to evaluate its structure, functions, and coordination with other portfolios.
Over the last year, a thorough review of the Associate Vice-President, Academic (AVPA) portfolio has been conducted to assess the functions, structure, effectiveness, efficiency, alignment, and coordination with other relevant portfolios and functions that intersect with the AVPA portfolio.
I am pleased to announce the appointment of Professor Jochen Koenemann as Dean of the Faculty of Mathematics for a five-year term commencing July 1, 2025.
I am pleased to announce that the Board of Governors has approved the reappointment of Professor Mary Wells as Dean of the Faculty of Engineering for a three-year term commencing 1 July 2025 and ending 30 June 2028.
In November’s Budget Town Hall and in our last update to the community, we shared an update with you on how we are dealing with our current and projected operating budget deficits. We want to keep you in the loop with this work.
We are thankful for everyone’s engagement with our efforts to balance the budget while continuing to pursue our strategic objectives as an institution. Thank you to those who joined us for the Operating Budget Town Hall.
As we approach next week's Budget Town Hall, I want to share important details we'll discuss at the event. Despite decades of careful financial management, ongoing sector challenges continue to pressure our budget.