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Pending acquisition supports program continuity, student success, and expansion of healthcare talent pipeline in Canada
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SACKVILLE, New Brunswick, July 08, 2026 (GLOBE NEWSWIRE) — Yorkville University has announced its intention to acquire Beal University Canada, subject to applicable regulatory approvals, conditional designation requirements, and other closing conditions. This transition in institutional ownership is designed to ensure the long-term sustainability and growth of nursing education in the province at a time of increasing demand for healthcare professionals.
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“This is a strong and exciting step forward for nursing education in New Brunswick,” said Julia Christensen Hughes, President and Vice-Chancellor of Yorkville University. “Our priority is ensuring stability for students and faculty while creating a foundation for thoughtful, responsible impact. The program’s effectiveness remains unchanged, and students can be confident in the quality and recognition of their education. We anticipate the transaction will close in early September in time for the start of the fall semester.”
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The Government of New Brunswick has granted Yorkville University a conditional designation under the Degree Granting Act, and the College of Nurses of New Brunswick (CNNB) is actively engaged in reviewing the program’s transition. Following the closing of the transaction in September 2026, the Bachelor of Science in Nursing (BScN) program will continue to be delivered with no changes to curriculum, clinical hours, or academic standards. All students will continue their studies without interruption and will graduate with a recognized degree that meets all College of Nurses of New Brunswick (CNNB) licensure requirements. Faculty and staff are expected to be retained as part of the transition, ensuring continuity in instruction and student support.
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“Student success and program excellence are at the centre of this process,” said Ian Freedman, CEO of Yorkville University. “We are committed to working transparently with regulators, faculty, and students to ensure a seamless transition and a continued strong student experience.”
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Founded in 2004, Yorkville University is a proudly Canadian institution offering one of the most flexible learning ecosystems in the country. Its breadth of programs spans across business, creative arts, design, mental health and education, providing Canadians with professional growth opportunities that lead to meaningful contributions in communities across Canada. Adding a thriving BScN program to this powerful roster is a natural fit, aligned with Yorkville University’s commitment to empowering learners to help meet Canada’s evolving economic and societal needs. Yorkville University – which has existing campuses in New Brunswick, Ontario, and British Columbia – is thrilled to further support New Brunswick’s healthcare workforce needs by training the next generation of nursing professionals.
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