Action Plan Objective 2: Sustainable Finances

The long-term strength and resilience of the University of Alberta depends upon our stewarding financial resources well. To do so, the university must develop and rely on balanced, sustainable, and flexible financial models that will ensure that the U of A is able to deliver on its core mission and mandate as a public research and teaching institution. Excellence and quality will be at the forefront of the U of A’s financial decision-making.

In recent years, there has been a tremendous amount of work done in both academic and administrative areas to realize efficiencies and to minimize the negative impact of cuts. Investigations are being carried out to identify alternative budget models that could help to both simplify and clarify the management of the institution’s resources. At the same time, the university is also carrying out activities to locate new alternative sources of revenue that will help to maintain the existing high quality of teaching and research.

The U of A takes its responsibilities as a public institution seriously and is committed to stewarding public investments in post-secondary education wisely and effectively to the benefit of students and the communities it serves.