In 2014/15, Trent University introduced a new approach to budget planning called Responsibility Centred Management (RCM). It aims to improve financial sustainability by emphasizing the University’s strengths in teaching, research and services; and by supporting and encouraging selected opportunities and innovations. The implementation of RCM will be a gradual process which will take a number of years to complete. It will be implemented in a way that is sensitive to our fiscal realities and the complexities that arise as we attempt to achieve a sustainable budget in the long term.