As Laurentian University files for creditor protection, the pandemic is creating financial stress for post-secondary institutions
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Many students, faculty and staff at Ontario's Laurentian University expressed alarm this week after the school filed for creditor protection. While Laurentian's problems are specific to its situation, across Canada, COVID-19 has dealt a significant blow to many universities that were already struggling to adapt their revenue models amidst a decline in public funding. Freelance reporter Sadiya Ansari explains how Canadian post-secondary institutions are weathering the storm thus far — and whether Laurentian's bankruptcy could be a sign of more trouble ahead.