The Globe and Mail Don Bubar and Phil Fontaine Contributed to The Globe and Mail Published February 8, 2021 Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer
Avalon Advanced Materials
Don Bubar is president and CEO of Avalon Advanced Materials Inc. and Phil Fontaine is former national chief of the Assembly of First Nations.
The world is undergoing an economic transformation, and innovative new clean technologies are increasing the pace of change. The International Energy Agency and a 2020 World Bank report noted the increasing role of minerals and metals for a low-carbon future.
Lakehead University is financially sound, vice-president says
Kathy Pozihun says LU adheres to a policy requiring balanced budgets.
Feb 3, 2021 2:23 PM By: Gary Rinne
Kathy Pozihun is vice-president, administration and finance, at Lakehead University (LU photo)
THUNDER BAY In the wake of a calamity that came to light this week at Sudbury s Laurentian University, a spokesperson for Lakehead University is giving assurances the school s fiscal position is solid.
The two universities are roughly comparable in size and are by far the largest post-secondary institutions in Northern Ontario.
Laurentian announced Monday that it is insolvent and has been forced to file for protection under the Companies Creditors Arrangement Act.
SHARE ON: Laurentian University has received court protection from its creditors, so provincial minister Ross Romano has appointed Dr. Alan Harrison to find ways to help the university sustain its programming. Photo provided by Laurentian University - laurentian.ca
Sudbury’s Laurentian University has filed for court protection from its creditors as it deals with significant financial challenges.
Reacting to that move, provincial colleges and universities minister Ross Romano has appointed a special advisor.
He says Dr. Alan Harrison will advise him on options to support the university’s path back to financial sustainability.
Romano says ensuring that Laurentian students can continue their education without interruption is the government’s priority.