Budget 2022 cuts Red Deer Polytechnic’s operating grant by 6.4%, or $2.7 million
Red Deer Polytechnic will see its portion of the Campus Alberta Grant (CAG) drop by $2.7 million this year, or 6.4 per cent.
This comes as part of last week’s unveiling of Budget 2022 by Premier Jason Kenney, in which the province allotted about $5.44 billion for post-secondary. That’s currently slated to increase in 2023/24 to $5.52 billion, and then to $5.62 billion in 2024/25. Last year’s total was $5.04 billion, down from $5.13 in 2020/21.
An advocacy document from the Alberta Students’ Executive Council (ASEC), released last November, asks the government to provide $5.55 billion in operating funding this year, and $5.77 billion next year. The organization says these numbers are needed due to an anticipated spike in enrollment from a large high school cohort, and an influx of mature students coming back to re-skill post-COVID.
The CAG is delivered to publicly-funded institutions each year for the purpose of operating funds to support delivery of approved credit programs and apprenticeship seats. Institutions use the dollars as they see fit.


