Higher education in British Columbia
In the report, "Campus 2020: Thinking Ahead", the creation of a Higher Education Price Index is recommended to reflect education costs so that each institution can set its own tuition levels independently, but subject to the limits imposed by the provincial government. Regarding the issue of funding higher education in British Columbia, "research-based allocation" of resources will increase the efficiency of these funds. In relation to the system, more funding is necessary to focus on the specific targets of post-secondary achievement by progressively introducing outcome and performance measurements and accountability into the budgeting process.
University Canada West
University Canada West was founded as a for-profit university by David Strong, the former president of the University of Victoria, and a group of investors. It was intended to cater to British Columbian students who had been turned away from the province's public universities as well as the Asian Pacific market and had projected an eventual enrollment of 3000 students. The establishment of the university marked the first time in British Columbia that a for-profit institution had been authorized to use the designation "university," the result of the province's recently enacted, controversial Degree Authorization Act. UCW was approved in 2004 and opened its doors in 2005 in the former Blanshard Elementary School in Victoria, British Columbia. It initially offered undergraduate degrees in commerce, communications, geography, tourism, and economics and a Masters degree in business. However, the geography, tourism, and economics programs were later dropped.