Mount Royal University is now an official university since it has been accepted into the AUCC. There will no longer be doubts as to whether MRU degrees will transfer to other universities. However, this doesn't make an applied degree granted in the past transferrable to a masters program. This is a big step for the people earning degrees in pyschology, business etc. at MRU who will want to continue their education at other universities. As a business student, its big bonus for people who will later want to pursue an MBA after earning a BBA from MRU.
I knew this was a long time coming, and although I don't attend MRU its a big step that I'm glad to see them take.
http://www.aucc.ca