Overview
- President Bill Lahey says the Halifax university’s shortfall is about $1.8 million as rising costs outpace modest grant increases.
- International students declined from roughly 45 to 15 over three years under the federal cap, trimming revenue by about $700,000.
- The school has frozen hiring and the president’s salary, engaged an external adviser, and is reassessing a proposed $95-million building.
- Lahey disputes a student-union claim that savings could run out by 2026–27, while acknowledging reserves cover only a single-digit number of years at current deficits.
- King’s is seeking closer collaboration with Dalhousie, expansion of its MFA offerings, and stronger fundraising to stabilize finances.