The multi-year funding commitment, now in its third of four years, provided incremental investment to support COVID-19 recovery, revenue generation, sector collaboration and achieving strategic initiatives outlined in the Growth Plan during the first two years.
In years three and four, the agreement will continue to provide predictable, stable support enabling USask to continue to provide outstanding post-secondary education and ensure innovation to strengthen and move Saskatchewan forward, said USask President and Vice-Chancellor Peter Stoicheff.
“This is the third year the government has delivered on a multi-year funding commitment to support shared priorities and financial sustainability,” said Stoicheff. “The predictability brought by this agreement enables us to better plan and forecast and meet our shared priorities. USask plays a key role in building a stronger Saskatchewan, and financial predictability allows us to be the partner government needs to achieve Saskatchewan’s growth plan.”
Stoicheff said USask and the Government of Saskatchewan have a long history of working together and “continue to show how a shared focus on teaching, learning and research can benefit the people of our province.”
Over the next few days, an in-depth review of the budget will be conducted to determine the full impacts to the university.
“We are encouraged by the Government of Saskatchewan’s continued support of our university,” said USask Provost and Vice-President Academic Airini. “This investment will help us achieve our shared vision of enhancing the quality of life for Saskatchewan people, building strong, healthy, and sustainable communities, and growing a vibrant Saskatchewan.”
“The pandemic has presented challenges, but that has not prevented our university from making progress towards our goal to be the university the world needs,” Stoicheff said. “Today’s announced funding demonstrates the Government of Saskatchewan’s recognition of the value USask provides to the province, and the positive impacts of the graduates and the ground-breaking research taking place here.”
The 2023-24 budget is available online at www.saskatchewan.ca/budget