Demographics (3 December 2013)

There have been some questions about the assertion in my 28 November 2013 blog about a forecasted decrease of 8% over the next six years in the number of incoming undergraduates to Carleton University. This decreased enrolment is crucial for arguing that additional parking garages (and residences) are not needed at Carleton and will almost certainly not pay for themselves for many years. The following two slides from the office of the vice president finance confirm this forecast of an 8% diminution in students. First, here is the slide from the open session of the 28 November 2013 Board of Governors meeting:

2013 Nov 28 Forecast (OVPFA)

This demographic forecast is not new. The lack of need for even one new parking garage should have been foreseen. Second, here is the forecast provided by the office of the vice president finance on 29 Nov 2011 (http://carleton.ca/finance-admin/wp-content/uploads/11Nov29Board-final.pdf) (red line):

2011 Nov 29 Forecast (OVPFA)

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