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budget - page 2

budget

McGill faces $1.3 billion in deferred maintenance costs

McGill intends to borrow $300 million in the form of bonds over the next five to seven years to tackle deferred maintenance. Large-scale construction projects are set to take place across McGill’s Downtown and MacDonald campuses during this time period. While construction on McTavish and Sherbrooke was commissioned by the City of Montreal, building renovations… Keep Reading

budget

Saving Gerts: McGill’s drinking prowess can be harnessed for good

McGill’s binge-drinking culture has often, correctly, been cast in a negative light. It’s unhealthy, it hinders discretion, and events like Power Hour aren’t exactly resumé friendly. However, there may be a way to harness McGill’s drinking prowess for good. When it comes to the campus bar, Gerts, students may be able to fund their student… Keep Reading

budget

SSMU Council discusses the role of sponsorship in budget report

At the Sept. 29 Students’ Society of McGill University (SSMU) Legislative Council, an initial report on the Society’s budget was presented by Vice-President (VP) Finance Niall Carolan. Additionally, executives gave reports on the formation and progress of various committees as well as upcoming plans for the year. 2016-2017 SSMU budget overview Carolan reported on the… Keep Reading

McGill Gym
budget

Explaining the Athletics Fee

All McGill students, whether they are varsity athletes or not, pay the McGill Athletics and Recreation Fee. Full time undergraduate students pay $130.83 a term, and part-time students pay $79.13. Undergraduate students also contribute to the Athletics and Recreation Facilities Improvement Fee. The Athletics and Recreation fee is one of the largest student fees, and… Keep Reading

budget

McGill sells Redpath properties for $20.6 million

During the February Senate meeting, Christopher Manfredi, provost and vice-principal (VP) (Academic) announced the sale of a portion of McGill-owned land, resulting in an unanticipated $20.6 million in revenue for the university. Known as the Redpath properties and located to the west of campus near Guy Street and Dr. Penfield Avenue, the land was originally… Keep Reading

budget

Quebec finance minister holds pre-budgetary town hall at McGill

Quebec Finance Minister Carlos Leitão,  participated in a town hall meeting on the upcoming provincial budget revision at the Desautels Faculty of Management on Monday, Feb. 15, fielding questions from both students and professors on public finance, environmental economic policy, and Quebec’s changing tax structure. The town hall addressed three topics: Public finance, economy and… Keep Reading

budget

Looking at the effects of international tuition deregulation

On Feb. 2, an article published in La Presse claimed that the Quebec government planned to significantly cut funding to universities in the 2016-2017 school year. To compensate, the province suggested that universities raise tuition for international students by up to 25 per cent. Though it is too early to know if McGill will act… Keep Reading

budget

Library Master Plan renovations to cost McGill $180 million

Students’ Society of McGill University (SSMU) Vice-President (VP) University Affairs, Chloe Rourke, announced during the Oct. 1 Council meeting that the Library Master Plan, an ongoing project that aims to increase student study space on campus and make changes to the McLennan-Redpath Complex, will cost approximately $180 million to complete. The group, made up of… Keep Reading

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