"The economic downturn, right across Canada, has hit schools pretty hard," (school head Andrew Wallace) said.This is interesting. I'm sure private schools open and close regularly since their economics are entirely different than a publicly funded system with a more stable source of revenue. Could this also be a 'kudos' to the publicly funded system, with parents expressing interest in private but ultimately choosing public? It's also interesting to note the numbers involved.
"The bottom line for us is our enrolment projections, and the enrolment commitment from families that has decline to the point where we won't be viable for next year."
In May, Wallace said 70 students expressed interest in attending BHS in the fall.
"Because of the economy, people weren't ready to commit when we needed them to commit," Wallace said. "People just want to wait until the last minute to make a decision about independent schools.
"So we had to make the decision to close the school."
Wallace would not say how many students decided not to enroll for next year.
This year, there were 44 students at the school, he said.
The maximum number of students the school can have is 90, he said, adding that he did not know what the average enrolment number is.
Monday, June 22, 2009
Peterborough and Lindsay moved this story initially Friday, posting a fuller print version of the story Saturday on a small private school closing in the area.