Listen Live
Listen Live
Listen Live

College of New Caledonia Posts First Budget Surplus in A Decade

The College of New Caledonia is looking at a much rosier financial picture this year, according to CNC president Henry Reiser.

“We had very good news. We were in surplus – now these are unaudited numbers and we’re going through that process right now – and it looks like we have around a $1.8 million surplus.”

It’s the first time in a decade the school has managed to get into the black.

“It certainly is a good thing,” says Reiser. “It’s better than being in deficit. It’s the first time that CNC has not been in deficit in 10 years.”

He says he believes there are a few reasons for the surplus.

“We think that it principally came from surprise enrollment both in our day programming and in continuing education and cost recovery.”

But even though things are looking very good, CNC’s board is exercising caution.

“The Board wasn’t comfortable with the size of the variance,” Reiser says. “So what we’re going to do is we’re going to review where that variance is and then go forward in allocating monies in a well thought out manner. We’re going to look to see where we have efficiencies and we’re going to revisit some of those cuts that we made and program suspensions that we made to get where we are.”

The College was forced to make significant cuts and suspend some programs due to last year’s $2.8 million dollar deficit. That included suspending the popular dental hygiene program and restructuring student services at the Quesnel, Burns Lake and Prince George campuses.

The Board will hold a special meeting in May to formally adopt the budget.

(Files from Shannon Waters with MY PRINCE GEORGE NOW)

Something going on in the Cariboo you think people should know about?
Send us a news tip by emailing [email protected].

Rebecca Dyok
Rebecca Dyok
News Reporter/Anchor who loves the Cariboo and coffee (lots of it). If you have any news tips or story ideas you would like to share I can be reached at [email protected]

Continue Reading

ckbx Now playing play

cffm Now playing play

ckcq Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Quesnel Ambassadors Showcase for Crowning Ceremony Tonight

The showcase for the 2025 Quesnel Ambassador Leadership Program was held last night. The four candidates gave speeches and presentations on their skills and lives. The event was MC'd by the previous years Quesnel Ambassadors winners. The final decision on who will be the 2025 Quesnel Ambassador will be made tonight at 7 pm at Echen Hall.

Big Donation Gives a Big Step for Quesnel Search and Rescue

The Quesnel Search and Rescue received a $5,000 donation from the Quesnel Elks Lodge #298. The Director of Quesnel Search and Rescue says donation will be going towards advancing the Search and Rescue's technical rope rescue kit.

B.C. adds 5k jobs in June, led by gains in part-time work

British Columbia added 5,000 jobs in June but saw a dip in full-time employment, according to the latest jobs report from Statistics Canada. 

Missing Woman Last Seen in Quesnel Found Deceased

RCMP report on July 11, 2025, they have found Alice Chingee deceased. Chingee was reported missing on July 18, 2024.

B.C. maintains decision to end drug coverage for girl with rare, fatal disease

B.C. is standing by the decision not to continue drug coverage for a Vancouver Island girl with a rare, fatal disease. 
- Advertisement -