Gerald Munt - University of Winnipeg

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The Double Impact <strong>of</strong> Current Recession Stock market influence on endowments, pension funds and salary costs. Probable funding cutbacks either during recession or, more likely, as the economy recovers and governments cut spending to balance their budgets
Impact <strong>of</strong> Market Decline Reduce Endowments Scholarships and Bursaries Reduce Pension Assets (means increased operating costs Delay retirements Especially for faculty/staff who are in money purchase plans or who planned to supplement their pensions with private savings
Page 1 and 2: Financial and Funding Trends in Can
Page 3 and 4: The Funding Changes Up to to 1996-
Page 5 and 6: Federal Cash Transfers for Post-Sec
Page 7 and 8: First Impact - Higher Tuition 100.0
Page 10 and 11: Differences in population change wi
Page 12 and 13: Some impact so far Disability Visib
Page 14 and 15: Minimal Improvement to Date “[A]
Page 16 and 17: Increasing Access means either grea
Page 18 and 19: Faculty numbers have expanded by 23
Page 22 and 23: Endowments Currently $10 billion f
Page 24: Questions Is this a short-term or

Gerald Munt - University of Winnipeg

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