Workforce reductions included in Canadore organizational review
An organizational review, including a comprehensive evaluation of Canadore College’s structure, workforce complement, and resource allocation, is getting underway.
Officials say $20 million in savings need to be identified next fiscal year and beyond, including reductions in salary-related costs.
The phased approach will begin with a one-time, voluntary departure incentive and voluntary retirement incentive program.
The college says it’s designed to create flexibility within the operating budget and reduce workforce complement, adding future phases, if required, will be guided by ongoing assessment and consultation.
“We are entering a period of renewal,” says Sandra Efu, President and CEO of Canadore. “Every decision we make will be guided by our students, the labour market, and the province’s broader economic priorities. Our focus remains clear: protecting core academic priorities while adapting to a rapidly changing environment and ensuring Canadore continues to play a vital role in the economic and social strength of our region.”
Canadore says its review comes at a time when Ontario’s colleges are facing significant operational changes driven by federal decisions around study and work permits, growing socio-economic pressures, and rapidly evolving labour market demands.
They say at the same time, industries are transforming at an accelerating pace, shaped by global economic forces and mounting pressures on local economies.
Canadore also says it continues to experience strong domestic enrolment in many of its programs, with projected enrolment of over 3,000 students for Fall 2026.
Richard Coffinhttps://www.mynorthbaynow.com/Richard Coffin has been a reporter and news anchor on the radio in North Bay for over 25 years. From premiers to people in the neighbourhood, he enjoys connecting with newsmakers and writing stories that matter to area listeners on a variety of topics including healthcare, education, politics, sports and more.
