Canada: “Calgary Universities Facing Crisis in Academic Journal Collections”
From Metro (Calgary):
According to Tom Hickerson, vice-provost of libraries and cultural resources, about 80 per cent of the University of Calgary’s annual library budget is spent in US dollars. He said the school has lost about 22 per cent of their purchasing capacity. So, every time the dollar shifts by a penny, $100,000 dollars in academic journal funds is lost.
“This has been a terrible situation for research libraries for a long time, but now we have the Canadian dollar losing its value,” said Hickerson. “I look every morning, it’s like looking into the face of doom.”
Hickerson pointed out that the U of C isn’t alone. Most universities are having trouble with the academic subscriptions, which have been going up in price about six per cent annually.
Read the Complete Article (530 Words)
Elsewhere in Canada
New Foundland: “Memorial University to Cancel Thousands of Journal Subscriptions” (via CBC; December 8, 2015)
About Gary Price
Gary Price (email@example.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com. Gary is also the co-founder of infoDJ an innovation research consultancy supporting corporate product and business model teams with just-in-time fact and insight finding.