Université Laval, Canada’s oldest educational institution, is phasing out Spanish. The French-speaking university has a very good and prestigious program in Hispanic Studies but it’s being destroyed.
I don’t know what excuse is being used to do this. There is no economic crisis in Quebec. Quebec is about to explode because of the insane amounts of money in the province. Economically, the province couldn’t be doing better.
Of course, there is a possibility of the McGill University scenario repeating itself here: the department might have just imploded because of internal dramas. Canadian Hispanism is notoriously fractious and mafia-like.

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