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Further, B.C.'s provincial universities, when compared to 16 Canadian counterparts, have a revenue per student shortfall that totals $55 million.
During the bridging period, costs will be shared between the Vice President, Academic, and the Faculties with central support provided from a special $600,000 allocation which I added to the Vice President, Academic's budget last year.
(b) The Strategic Initiatives Fund The Strategic Initiatives Fund (SIP) has been established and has been allocated $1.1 million over the past two years.
Another government regulation caps salaries at $100,000 and does not allow faculty to progress on a scale that breaks through this barrier.
Its value in 1998/99 ...
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