After years of deficits, Vancouver Island University announces balanced budget

After years of million-dollar deficits and belt-tightening, Vancouver Island University has approved a balanced budget.
VIU ended 2025/26 with a $5.3 million surplus, the university announced in a press release, and on May 28, green-lit a balanced budget with an estimated $1 million surplus.
In the release, the university stated that the surplus at the end of this past year is proof the university’s “financial strategy is working” and next year’s budget “builds on t