In May 2025, the UPEI Board of Governors approved a balanced budget for the year ended April 30, 2026 (i.e., 2025–2026 fiscal year). UPEI’s consolidated financial statements for that fiscal year were audited by our external auditors, Doane Grant Thornton LLP, and received an unqualified audit opinion. UPEI’s external audit provides independent assurance that “the accompanying consolidated financial statements present fairly, in all material respects, the consolidated financial position of the University of Prince Edward Island as at April 30, 2026.”

UPEI submitted the audited 2025–2026 financial statements to the Board of Governors on October 6, 2026, for approval. The approved statements are now posted to the Publications page on the upei.ca website.

Read the full message from Tim Walker, Vice-President Administration and Finance.