▁Canada ▁Re venue ▁Agency , ▁C UP ▁was ▁forced ▁to ▁pay ▁$ 9 , 0 0 0 ▁for ▁incorrect ▁tax es . ▁It ▁was ▁then ▁discovered ▁that ▁the ▁organization ▁was ▁project ing ▁its ▁third ▁def ic it ▁in ▁a ▁row , ▁this ▁time ▁for ▁$ 7 , 0 0 0 . ▁With ▁all ▁of ▁its ▁sav ings ▁now ▁spent , ▁C UP ▁stated ▁that ▁" with ▁no ▁res erves ▁to ▁draw ▁on , ▁it ' s ▁imper ative ▁for ▁the ▁existence ▁of ▁C UP ▁to ▁take ▁action ▁now ." ▁ ▁The ▁crisis ▁comes ▁not ▁long ▁after ▁ 1 0 ▁members ▁of ▁C UP ▁left ▁in ▁September ▁ 2 0 1 3 , ▁resulting ▁in ▁a ▁ 1 5 ▁per ▁cent ▁drop ▁in ▁total ▁membership , ▁due ▁to ▁compla ints ▁over ▁high ▁membership ▁costs . ▁C UP ▁may ▁also ▁see ▁further ▁trouble ▁as ▁a ▁number ▁of ▁those ▁member ▁publications ▁have ▁now ▁formed ▁a ▁service ▁called ▁the ▁National ▁University ▁W ire ▁similar ▁to ▁and ▁rival ing ▁the ▁C UP ▁wire . ▁The ▁most ▁recent ▁C UP ▁national ▁conference ▁in ▁Ed mont on , ▁Al ta . ▁also ▁attract ed ▁fewer ▁than ▁the ▁expected ▁number ▁of ▁deleg ates ▁and ▁therefore ▁did ▁not ▁generate ▁as ▁much ▁re venue ▁as ▁expected . ▁Additionally , ▁the ▁dem ise ▁of ▁Camp us ▁Plus ▁left ▁C UP ▁with ▁fewer ▁divid ends ▁to ▁generate ▁income . ▁With ▁all ▁this ▁having ▁taken ▁place ▁in ▁a ▁relatively ▁short ▁period ▁of ▁time , ▁C UP ▁lost ▁more ▁than ▁$ 7 0 , 0 0 0