
Financial snapshot: university’s net income, net assets increase despite pandemic recession
Outstanding debt drops below $1 billion, $984 million in maintenance costs projected
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Outstanding debt drops below $1 billion, $984 million in maintenance costs projected
Debt expected to rise above $1 billion due to capital projects
Numbers reported to Business Board show $11 million increase since July 2015
University’s credit rating stronger than Province of Ontario’s
Actual outstanding debt $1 billion, credit rating remains investment grade