This article summarizes the results of the current funding cuts in research. It almost feels like Bush moved up North. Dozens of millions are being cut. My previous employer, the National Research Council—Canada’s largest research organization—was cut as well.
Fortunately, our wise government saw fit to compensate with more business degrees:
$17.5 million over three years to (…) to fund an additional 400 master’s and 100 doctoral scholarships “focused on business-related degrees.”
Summary: less funding for degrees in science, more funding for degrees in business.