Yeah, they are considered a nonprofit and are tax exempt. The thing is to be a nonprofit the University, the money is supposed to go back into the University and it's students. The track record so far for it is into a vast investment portfolio, the wage of the president who had claim on 2% of the total operating fund, and an arena that would be more in the interest of a Nova Scotian ice hockey team than the student body which they would rather spend their surplus. From 2020-2021 they had a 22 million increase in tuition revenue. An operating surplus of nearly 39.5 million and a postive enrollment during the pandemic of 3.4 % let alone the huge but creeping increase of tuition costs. This is all from Dals review of University finances 2020. Their spending has also climbed with their surplus... The reasoning is climbing expenses of operation but it's not the whole reason.

Lastly, Dal has stakeholders which should also disqualify it from being nonprofit aside from them acting more like a privately owned- publicly funded institution that prioritizes earnings than their mission of learning.