Overview
- The Campaign for Concordia: Next‑Gen Now surpassed its $350 million goal, finishing above $365 million, according to the university.
- Concordia’s June budget update forecasts a year-over-year revenue drop for the first time, with President Graham Carr noting deficits have persisted since COVID.
- Carr links the financial strain to falling international enrolment tied to restrictive immigration policies and to the fallout from a 30% out-of-province tuition hike later overturned by Quebec Superior Court.
- The university says donations will support scholarships and bursaries, research, programs, experiential learning, campus upgrades and related initiatives.
- Concordia reports cost controls including a hiring pause, reduced course offerings and larger class sizes, with out-of-province enrolment rebounding from a 2024 drop yet still below prior levels and international interest sliding.