The Alberta government cut funding to its colleges and universities by 6.3 per cent. If I read the story correctly it means nearly half a billion dollars annually in operating funding.
Alberta budget 2020: Advanced education funding cut 6.3 per cent, tuition to rise | Edmonton Journal
The problems with Alberta's budget is a heck of a lot worse. Their revenue assumptions were based on oil at $58/bbl, and yesterday it was, uh, substantially less.
Varcoe: Oil price plunge to negative, tightening screws on Alberta producers and province | Calgary Herald
The bottom line is that this government has no problem in cutting funding and now has limited ability to reverse its stance. So getting money from the government to solve the problem won't happen. Maybe they can ask some former coaches to contribute?
Mike Babcock Hockey Stats and Profile at hockeydb.com
Bill Peters Hockey Stats and Profile at hockeydb.com
A couple of things to consider here:
1) Depending on the university, less than half of their revenue comes from the Provincial Government. Generally speaking, the larger / better the university, the less reliant it is on the Provincial Government. Lethbridge is low on the totem pole, so they are going to be more affected than, say, U of Alberta or U of Saskatchewan.
2) It's impossible to cut faculty salaries / research costs. That is what the university does, and how it maintains accreditation. You can't cut there. So, if you have to cut ... the first thing to go is non-academic services. Administrators, athletics, etc.
3) With rare exception (hello, UNB), athletic programs cost the university A LOT of money. Aside from enhancing student life, they provide zero benefit to the university. I say this as a former varsity athlete and coach ... they are great to have, but great universities exist without them. Only in North America are universities saddled with athletics.
One thing worth considering here ... Lethbridge does not have its own arena. Why does this matter? Well, the cost of renting ice time is easy to cut, but the cost of running an arena on-campus is not.
If you're looking for which universities might make similar decisions soon, look to the ones who are (a) low-ranking, (b) don't have on-campus facilities, and (c) have to travel a lot. I'm keeping an eye on Laurentian and Nipissing.