MONTREAL — Montreal’s Concordia University is celebrating what it’s calling a landmark fundraising year, even as it faces an unprecedented financial crunch it blames on government policies.
The university says its Campaign for Concordia: Next-Gen Now campaign has raised more than $365 million, surpassing its $350-million goal.
The news comes as the school’s overall revenues are projected to decline year-over-year for the first time ever, according to a June budget update.
University president Graham Carr has blamed the situation in part on a decline in international student enrolment due to restrictive immigration policies and the fallout from an out-of-province tuition hike that was later overturned by Quebec Superior Court.
Carr said today that the success of the fundraising campaign