Bow Valley College lays off 103 employees amid $15.6M budget shortfall
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Another cause for the institution's predicament is federal funding reductions for programs, including the Language Instruction for Newcomers to Canada and the Foundational Learning Assistance Program.
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'The college had to find efficiencies and make difficult decisions,' a statement by the college read, adding that jobs slashed included 97 occupied positions and six vacant roles.
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'The college is committed to supporting its employees through these changes as we continue adapting to developments in the post-secondary landscape.'
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The pool of international students has been drying up as the federal government caps the flow of student permits to ease the pressure of a surging population.
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However, the prospect of fewer international students, who are charged three or four times the domestic tuition fees, has left post-secondary institutions reeling as they grapple with historic funding shortfalls from federal and provincial governments.
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Most recently, SAIT has confirmed its photojournalism major — one of the last programs of its kind in Canada — will be discontinued this year, thanks to a loss of international students.
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