Layoffs, program suspensions coming as Fanshawe announces a projected $95M deficit

A photo of Peter Devlin. CREDIT: FANSHAWE COLLEGE VIA YOUTUBE
Fanshawe College plans workforce adjustments amid massive budget deficits.

On Feb. 3, Fanshawe College President Peter Devlin updated the institution's key developments and challenges for the current and following academic year. In the five-minute video, Devlin said the college is anticipating nearly $100 million in losses over the next two semesters.

As the winter semester progresses, Fanshawe's domestic full-time enrollment has seen an 11 per cent increase in Level 1 students compared to the previous year, with part-time post-secondary enrollment remaining strong. However, international enrollment has declined significantly, with a 41 per cent drop in Level 1 enrollment this semester.

This trend will continue, according to the College, with an additional 45 per cent decrease projected for the summer semester.

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'These declines present significant financial challenges,' Devlin said.

Devlin said Fanshawe forecasts a $35 million deficit in the coming year, followed by an additional $60 million the following year.

The college has launched a third-party enterprise-wide review, set to complete its initial phase in mid-February, which will assess potential solutions. The results will inform staffing adjustments due to program suspensions beyond the Winter 2025 semester.

Fanshawe has begun reviewing its program offerings, organizational structure, leased space portfolio, and budgeting practices in response to these financial pressures. Measures such as zero-based budgeting and strict monitoring of non-essential spending are being implemented. Workforce impacts are anticipated as decisions regarding program suspensions are made, with adjustments occurring in phases to address the drop in international enrollment.

'When that happens, our human resources team will work with department and union leaders to assist staff through transitions. Advocating for Fanshawe in the college system has been a priority for me,' Devlin said.

According to Devlin, Ontario colleges remain the lowest-funded in Canada, receiving only 44 per cent of per-student funding compared to the national average. For that reason, he reaffirmed the importance of securing financial stability, emphasizing that surpluses are necessary for investments in labs, equipment and student support services.

Despite the financial difficulties, Fanshawe is continuing with key investments, Devlin said.

A new four-year Bachelor of Science in Nursing program will launch in 2026, accompanied by upgraded labs and learning spaces to support students and the healthcare system.

Fanshawe is also implementing 'Fanshawe One,' a new enterprise system aimed at streamlining operations, though its rollout has presented challenges.

'I know that this transition has been extremely difficult for users, and this is an understatement. I am tracking implementation bi-weekly. Our Workday team is focused on making improvements every day. With time, the system will be an important tool for the college,' the president acknowledged, noting that improvements are ongoing.

Looking ahead, the college is shaping its long-term vision through 'Fanshawe 2035: Shaping Our Future Together.' This strategic plan will define Fanshawe's mission, values, and goals, ensuring continued student growth and innovation. The Board of Governors is leading the initiative, with opportunities for community input.