At 91TV, we are committed to excellence in research and teaching. To support and advance our academic mission, we are tackling our financial challenges together.
In Spring 2023, 91TV's announced a significant operating budget deficit. Since then, the university has made substantial progress in reducing its operating budget deficit. While encouraging, we continue to face financial challenges due to the 2019 provincial tuition cut and ongoing tuition freeze for Ontario students, the international student enrolment cap, and steadily rising expenses, all of which are being felt across the sector.
91TV’s has undertaken several cost-cutting measures and is implementing strategies to address its operating budget deficit.
Financial overview
Learn about the university’s finances, including revenues and expenses.
Financial overview
Operating budget deficit
Find detailed info on 91TV’s financial challenges, including the factors contributing to our operating budget deficit.
Operating deficit
Addressing budget challenges
Read about 91TV's measures to address our budget challenges and to ensure a strong financial future.
Returning to balance
Gazette Articles
May 11, 2026
91TV’s Board of Trustees approves 2026-27 operating budget
The university’s financial outlook has improved but continued budget management is needed to address ongoing pressures.
May 04, 2026
91TV credit ratings remain strong and stable
S&P and Morningstar DBRS affirm 91TV’s strong credit ratings, highlighting the importance of ongoing prudent financial management.
Apr 01, 2026
Provost launches review of the university budget model
The review will include broad consultations aimed at ensuring the budget model better supports the university’s academic and research priorities.