Quote:
Originally Posted by Torture
As you say, not having a reserve points to a funding gap in my mind. And just like the building lease, it's also not really on the current board. They inherited the problem.
Kind of hard for the current board to build a reserve during a downturn in the economy when your funding is getting cut, enrollment is going up, and then a global pandemic hits.
Are there problems? Absolutely. But the Government isn't helping resolve those by going to the media about their "reckless financial mismanagement" and threatening to fire them all.
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What about the other 3 big boards in Alberta? How do they compare? Why is CBE the only one getting looked at?