Robert Hach News Today

What happened to Laurentian University? How did a publicly funded Ontario university go to the edge of bankruptcy without anyone intervening before the crisis became inescapable? And if it was a crisis, why didn’t the provincial government intervene? What are we to think of a “restructuring” that eliminates the disciplines that define the institution it claims to be saving?

In Sudbury, Dominic Giroux was the top earner among provincial civil servants at more than $449,000

Timmins-James Bay MP Charlie Angus introduced a private member’s bill Thursday that would protect publicly funded institutions, such as hospitals and universities, from insolvency proceedings designed for commercial enterprises.

Newly unsealed documents show Laurentian University suggested the Companies' Creditors Arrangement Act (CCAA) to address its financial issues as early as August 2020, months before it filed for insolvency in February 2021.

Laurentian University in Sudbury, Ont., has officially left the Companies' Creditors Arrangement Act (CCAA) restructuring process following its insolvency in February 2021. As it was operating while dealing with its financial crisis, the school cut 76 programs and nearly 200 staff and faculty.

Unions representing staff and faculty members at Laurentian University want to see accountability in the wake of a new report from Ontario’s auditor general about the Sudbury, Ont., institution’s insolvency, which happened under a law that was created for private companies.

Today is Laurentian University president Robert Haché’s last day in that role.

The first public post-secondary institution in Canada to ever seek insolvency is poised to finally exit the process in the coming weeks, with a court-approved plan that paves the way for a streamlined and dramatically altered institution.

After losing three major industries and hundreds of jobs, Dalhousie is finding success in cleaning up its waterfront and investing in tourism, arts and culture.

Laurentian University’s plan of arrangement is missing some key demands from the Sudbury, Ont., school's faculty association, said its vice-president.