08/23/2013 11:23 EDT | Updated 10/23/2013 05:12 EDT

University of Alberta president warns of more cuts to programs, jobs

EDMONTON - The University of Alberta’s president says more cuts and job layoffs are coming.

Indira (in-DEER'-ah) Samarasekera (SAM'-rah-SAKE'-rah) said Friday officials have revised the timeline for balancing the university's budget.

Samarasekera says the new two-year plan will try to find another $56 million in reductions or new revenue for 2014-15.

The cuts include a seven per cent decrease overall to core academic activities and an eight per cent reduction to services supporting the academic core.

Samarasekera noted that these reductions are on top of the $28 million that has already been cut from the current fiscal year.

She also says the cuts also mean limiting access to the university, which is province’s oldest and largest institution.

“The decisions we make in the coming weeks must be focused on protecting the teaching, research and service activities that provide for an exceptional educational experience for our students,” Samarasekera said in a news release.