The University of the Fraser Valley (UFV) recently laid off 45 faculty and staff members. This decision was made to address a $20 million deficit for the 2026/27 fiscal year. The deficit is primarily attributed to federal government caps on international student enrollment. The layoffs include six teaching faculty, four non-teaching faculty, and 35 staff positions. Despite these reductions and other measures, UFV still faces a $2.4 million deficit and is exploring land development for future revenue.
https://abbynews.com/2026/03/20/layoffs-hit-university-of-the-fraser-valley-amid-20-million-deficit/