Saskatoon SPCA denies rumours of financial collapse

WATCH: Saskatoon's SPCA is denying rumours of imminent financial collapse.

The Saskatoon SPCA is denying rumors it’s having financial struggles and “collapsing.”

The animal rescue took to social media on Monday acknowledging rumors circulating Reddit, Facebook, and other social media platforms about “the future of the Saskatoon SPCA.”

The Saskatoon SPCA responded to the rumours in a statement on Facebook, denying speculations about an impending closure. The SPCA said it remains committed to “improving the animal-human bond” in the community.

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The non-profit, which declined an interview with CTV News, says it’s focusing on financial sustainability through operational efficiencies and long-term fundraising strategies.

It noted there have been changes to its leadership team and some volunteers have left.

The SPCA said it hired a new executive director, Russ Misskey, and said more details will be available once the executive director is done orientation.

The organization’s online statement also said it is in a “solid financial position,” and 2024 financial statements will be available on its website after June 4.