Annual Financial Report

2022-23 Annual Financial Report

The administration of the university is responsible for the preparation of the consolidated financial statements and has prepared them in accordance with Canadian generally accepted accounting principles. The administration believes that the consolidated financial statements fairly present the financial position of the university as of April 30, 2023 and the results of its operations and the changes in its fund balances for the year then ended.

Shelley Brown Chair, Board of Governors

Message from Shelley Brown Chair, Board of Governors

Over the 2022-23 fiscal year, the University of Saskatchewan was able to return to normal operations, including resuming in-person learning and student services. The university community displayed tremendous resilience, good citizenship and sense of community over the course of the pandemic and the board is grateful for the work of university leadership, faculty, staff and students for weathering the pandemic together.

As a board, we continuously evaluate the university’s strategic priorities and direction to ensure the institution is achieving its mandate in education and research while being responsible stewards of public investment. While the last few years have presented challenges for our institution, we are in a stable financial position and continue to provide quality education with a robust and growing research enterprise. Our standing as a top research-intensive university in Canada has only strengthened.

As we look to the future, I am confident the University of Saskatchewan has a significant role to play in growing Saskatchewan and Canada’s position in the world.

Shelley Brown 
Chair, Board of Governors

Past Reports


Controller’s Office

Phone: 306-966-1970

University of Saskatchewan
Administration Building, Room E180
Saskatoon, SK, S7N 5A2