VIU's path to a sustainable future
Vancouver Island University is working to achieve financial stability through an approved Deficit Mitigation Plan (DMP). Aligned with VIU’s Strategic Plan, this approach ensures a sustainable future for our students, employees and community.
Like other post-secondary institutions, VIU faces challenges such as shifting enrolment trends, regulatory changes and rising costs. The multi-year plans include strategic adjustments across academic and service units, operational efficiencies and revenue growth opportunities.
While the road ahead is challenging, VIU remains committed to a balanced budget, guided by our values of understanding, connection and commitment – building a stronger future together.
Progress to date:
- Reduced spending through administrative and operational efficiencies
- Hiring freeze effective February 2025
- Voluntary retirement incentives and faculty and staffing adjustments
- Operational reviews are underway
We want to hear from you!
If you have feedback, questions, concerns and ideas that you would like to share, please email budgetfeedback@viu.ca.