Nova Scotia's provincial government has announced plans to change the financial accountability rules for universities this spring.
"Nova Scotians clearly value our universities, but they also believe universities can do a better job controlling their costs, and should be more accountable for results," said advanced education minister Kelly Regan.
The rules will require more standard reporting, give government a closer look at the universities’ books, and allow the government to withhold grants in extreme cases. The universities will also be given more freedom to set their own tuition fees.
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