MONTREAL—Montreal’s McGill University will be fined more than $2 million for raising tuition fees in its MBA program by nearly 900 per cent.

The Quebec government announced Monday that the top-ranked university will see its government subsidy cut by roughly $2.1 million this year.

In a place with the lowest tuition rates in Canada and a decade-long freeze on fee hikes, McGill has been pushing back.

Last September, McGill began charging $29,500 in annual tuition for its two-year MBA program, well above provincial limits that cap tuition at around $3,400 per year.

McGill says it needs the extra cash to make its program competitive with others in Canada and the United States.

The Quebec government says McGill’s move broke provincial rules and lowered accessibility to the program.

It says the fine will be applied until McGill reduces its MBA fees.

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