Universities’ inadequate monitoring of public funds – Report

A new report by Nova Scotia’s auditor general says the Canadian provincial government is not effectively holding universities accountable for public funds, writes Frances Willick for CBC News.

The audit, released on Tuesday 4 March, questions how the Advanced Education Department doles out operating grants, how it monitors funding targeted for healthcare programmes and how it traces accountability for long-term sustainability.

“It is a delicate balancing act. They are independent academic institutions,” Auditor General Kim Adair said to reporters. “But on the other hand, they are on average receiving a third of their funding revenue streams from the department.”
Full story on the CBC News site