President and Vice Chancellor of the University of Lethbridge, Mike Mahon, spoke earlier today about how the new Alberta budget will impact the U of L and its students.
"Any significant budget reduction like this will feel significant. What that means though in terms of the specifics I think is too early to say. But, yes... a 2.3 per cent reduction in our operating grant, 4.2 per cent loss of IMP funding for one year. Those are significant numbers if you look at our overall budget."