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Waterloo Chronicle (Waterloo, On1868), 14 Jan 2009, p. 5

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WAl‘HtuX) CHRONICLE - Wednesday, luxuuy I41 200-: - 5 ~ 0 o o ,3 ~ WLU chapplng $31 million from budget 1' PRESSURE PM" . .. , . . . . . . CDMPLIMENTARY WORKSHOP Wilfrid laurier University tittl t hallenges fattng lauriet titficant improvement In mar the past plans to implement sigtiiti and other universities are ket conditions through 2009," The Council of Ontario : cant operating budget ri-ilut mitt-mely serious said Blouwi Universities continues to thh u an Lawrence. D' ’ tions to deal wtth tln- “ l he situation demands “While it is anticipated lobhygovetntnent for pension PIESSUIE’ POI/"3 3/8 ("8173 0/ SID/Ed unprecedented financial tlldl that westfikle fiction. but we markets will recover. based on relief and for a more stable SIIESS on [I ”GIVE pathway lenges affecting the unlu'rsll) are ruin it t at a strategic w at we know today that and sufficient fundingsystem. ll Elnl nlll ‘ sector as a result of the global approach is required so that recovery is not expected to be laurier has communicated You Will LOIm '0 &. economic downturn. laurlet can emerge on a fast enough or dramatic its financial challenges to the PM”. Points For. That includes cutting S 51 strong academic and financial enough to substantially miti- staff. faculty and students 0 FATIGUE O HEADACHES million out of its operating footing once the economy gate the issues we face." through town hall meetings. OW budgets over the next [lift‘t' bounces back” A major expense driving presentations and communi- . L BACK PAIN years. Based on its latest financial the cutbacks involves regula- cations on the lntemet, . NECK PA." . SINUS a! ALLERGIES Universities continue to he modeling assumptions, Lauri» tions that require universities Budget managers have 9 AR“ AND WRIST pAIN hard hit by a combination of et must reduce its operating to make special payments to been directed to identify how (Carpal Tunnel Syndrome) issues that include a dfallltlllt budget by a combined total of top up their shrinking pen- cutback targets can be drop in the value of pension nearly 16 per cent. sion funds. achieved in their depart- . NUMBNESS & T'NGLING (Arms 8‘ Legs) and endowment funds, and lo achieve this target. the In Laurier's case. its pen- merits. L93’"”°W09"“9- {OMENâ€"7' M” WSYWDOWYOW’QW an ongoing struggle to set on- university is planning budget sion fund has lost more than Given that salaries and 1mm health. Am“ the 05‘5“ mm” Sympm sufficient funding from the reductions of 6.4 per cent in 20 per cent of its value in the benefits comprise the bulk of “on: 3'3"“:gyf'szm’i‘ezhfiu "' ~ . , .. 1) _ . , - ' . 1 mm: o . .. I . so Exit/13:: for annual operatinir listal . -009 2010. and. pastyear. ' the universttys operating “an”. ’ M. ”hum” erred»maintentiiit t diptnding on future financral Another concern is the expenses. poblossesarea pos- m m I . . . costs. directions. 7.? per cent in structural deficits that Ontario sibility. Call 519‘745‘6022 Space '5 “"1"“. “Universities are not 10101011 and 1.8 per cent in universities face each year. A detailed budget proposal immune to the severe diffit [ll :01 112012. The provincial govemment will be presented to Laurier's 5w}; grass», 31:333.?" 9““ a v 1‘.;;;‘>'e:;_vfl_v+. “ ties rippling through the glob "()ur budget modeling is has suggested that it will no board of governors for gig‘q it»? fjgji éj’£'§!;“ i: 5 y; a}; \ a] economy," said Laut lt‘t based on the assumption that longer provide the one-time- approval this spring prior to ‘ 'f “211;; ,. " ‘ ‘ ""“"‘"““’1’-“‘""“"“fm‘-"‘ ‘ " ' president and wee-chancellor there will be no quick relief only year-end funding that the start ofthe next fiscal year " ‘L “' ’i‘é www.waterloochronicleca ‘ Max Blouw. "ln fact, thefintin from government and no sig- has offset these deficits in on May 1. 3.1)” = g. '5 3 stresseeaefwvfwfam .‘-:_ . a“ 37.; '%»n 1:; 1~ user 3’ .~ e s or ‘ Following a decision in the Located at 25 Regina St S the board of directors. the Waterloo Button Factory has been a steadfast FACTORY FLOORING Community Arts Centre has laid off source for arts programs for more four suppon staff. This dot Mon is than lSyears. PE F L 0 O R due to the need to reduce (iii'rllt'tttl “This has been a very difficult {fl & HOM E expenses. decision to take." said Lauren The board said despite the ililii- Judge, manager of the WCAC. “l cult times, the Button Patton will hope the community understands \ 9 remain open. “As a place that is why restructuring is necessary â€" -0055 7 highly valued by members of all that we have to live within our V‘rlrwtl ‘,l“ ages in our community. the centre's means â€" and can take comfort in ll 45 , ‘ Y mission statement still applies 7 knowing that as a result of this. we I‘l"l ”I. l‘ I I‘DN the doors will stay open." said will beable to continue functioning board chair Roger Montgomery (is Waterloo’s home for the arts." HIE llll'l WITH THE ll PM. 0v ' no a Bl . . . S g: » Everythmg In our Store IS REDUCED to CLEAR! _ \l 7 ' ‘\\..\ as. W ‘ ‘5...“ we s? 121:: > »«‘\t_5 N ‘ E “P”:% ‘ . 3 " l ‘ ’ a i ' ‘ .~ . \“\. ’7’, l ,M’k“ "\! “‘1'" \fl"; i, ‘ T \m - W ’ . i \, ‘t \ a ‘ - ~ ‘45:; 55¢ ‘. Jimmfli censure i ‘~ ' ~~.....\‘ \Q/ II, It , ¢ \ //~. “on ‘\ X rapt Liam 8¢ I‘ \‘“'\ o‘ ‘ E . ’ m .‘ In" . in: V ‘5‘ E 'i l m 58 ” , \Vt ""°°° '/ agas . 1 w *' 9" is. ‘ '. - S \ i . . s .. ”'5‘ V ’3 age ‘ s l\\ W” - g? 1 YEA?t st ‘ “ FREE Iln d r / ; “Ir-7m” in No it ere . m derpa ’~’\’ . Wm , . . WATERL 0c ONlCLE NoPavmf: . 19.9 l c2... . .‘ 7‘. _ All run our I“ In“ no “I “I“ I ' l . . 1 l Contribute to The Waterloo Chronicle! 7 l :â€"--------------------------------------1' l I I‘d like to contribute to the Watctioo Chronicle! I 5 : Brien find .i theme in: $2h mlth for a lvyw contrihtmm : l If ( I dump“) it ) \|\-\ .) MASTERCARD t I l Bum . ,_ #5.. . ' "mm 5 : .WH,\W__ l J » . ‘ we. 1 5 . Summit Eâ€" I ‘5‘, f}... ”‘_~_J (- 5 -‘ ~ ~ _. ,, J | Mm: _____,._m I : Address _â€"_,, ,_¥‘â€"____. I (‘ â€". PM. (1 . . I ' _‘, « 5 . i "i 'hâ€"Wâ€"â€" . 990 VlCtOHd St. North, Kitchener I--â€"------------â€"-__---------â€"----------l ‘31 9 For more infomtation till ”11““ K 5 I; 1 - 05 50 I â€" TlicCittulation Department WATERL 0 C ONlCLE . i i if“, ' I mum 5|9-89L2150m3226f11‘l”Whit 279Wt'hctSl \' Sutt¢20.Waterloo.0N NZHHS ”(it mum www.ffcarpetone.com Pr“

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