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Acadia University needed a $10.5 bailout from the provincial taxpayers.
Newly-released numbers in the government’s financial report show it gave Acadia a $3.5 million increase in its grant last year and foregave a $7 million loan.
New Acadia president Peter Ricketts said the school has been receiving the additional $3.5 million for a number of years because it found itself in a dire financial situation including significant budget cuts while enrollment was declining.
A protest was held yesterday over the burning of tires at the Canada LaFarge cement plant in Brookfield.
The group gathered in Truro over the plan to burn the rubber tires. Lydia Sorflaten of Citizens Against Burning of Tires is concerned the burning could have adverse effects on people’s health and the environment.
Others are also concerned that burning the tires will leave fewer for C&D recycling which turns them into material used in asphalt.