TOPIC: LAURENTIAN UNIVERSITY INSOLVENCY

Laurentian University exits creditor protection following insolvency

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.

Sudbury, Ont., hospital memo reassures staff about current CEO, who's a former Laurentian University president

The Sudbury, Ont., Health Sciences North (HSN) hospital board sent a memo to employees and medical staff last week to assure them the hospital is in good financial health.

Legislation needed to spare others from Laurentian's fate: Canadian Association of University Teachers

Canada needs new legislation to save universities from the same fate as Laurentian University, argues the Canadian Association of University Teachers.

Calls for accountability in wake of AG's report on Laurentian University's financial mismanagement

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.

Laurentian University highlights successful recruitment events as it exits insolvency

Laurentian University says it connected with more prospective students than in past years at a large recruitment event in Toronto.

Laurentian University closer to exiting insolvency with Ontario court sanction of its plan

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.

Donors raise $600K for NOSM University as medical school's endowments tied up

A group of donors has raised $600,000 to help cover bursaries for medical students at NOSM University.

Laurentian University asks for stay extension to exit insolvency

In new court documents Sudbury’s Laurentian University has asked its stay period, under creditor protection, to be extended until Nov. 30, 2022.

Laurentian University professor left for Lakehead due to program cuts

A Laurentian University professor and Canada Research Chair left the institution for Lakehead University in Thunder Bay, Ont.

Laurentian University starts 'new chapter' with important vote, says union

A vote in favour of Laurentian University’s plan of arrangement begins a “new chapter” for the Sudbury, Ont., university as it sets the stage to exit insolvency proceedings that have lasted 19 months.

Laurentian University needs to hire more faculty members, says association

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

Laurentian president to step down as university nears end of insolvency proceedings

Laurentian University president Robert Haché will step down once the school emerges from the Companies' Creditors Arrangement Act (CCAA) process, the Sudbury, Ont., school says.

Laurentian University celebrates graduates with financial crisis still looming

Laurentian University is celebrating this week with its first in-person convocation ceremonies in two years. But while COVID-19 restrictions are fading away, the northern Ontario school's financial crisis looms during the festivities.

Federal funds for University of Sudbury a 'step in the right direction,' francophone group says

A francophone advocacy group says a recent federal grant to the University of Sudbury is not going to repair damage done to French education in the region.

1 year after Laurentian University slashed jobs and programs, these students have a lot to say

On April 12, 2021, Laurentian University cut 69 academic programs and more than 100 faculty and staff members lost their jobs. 
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Laurentian University PhD candidate reflects on the anniversary of program and position cuts at the institution

Laurentian University announced it was cutting dozens of programs due to insolvency one year ago, eliminating nearly 200 positions. Researchers and students were also affected when several programs and research budgets were also cut. Adam Kirkwood, a Laurentian undergraduate, Master's and PhD student, spoke to Jonathan Pinto about his experience over the past 12 months.

Laurentian University violated French Language Services Act when it cut programs: report

Sudbury’s Laurentian University violated Ontario’s French Language Services Act when it cut 29 programs in April 2021, according to a new report from a provincial commissioner. The school filed for insolvency a couple of months earlier.

Laurentian agrees to lift stay on Freedom of Information requests on May 1 with reservations

Sudbury’s Laurentian University has agreed to answer three existing Freedom of Information requests starting on May 1, when a stay on requests will be lifted.

Laurentian should respond to Freedom of Information requests: Privacy Commissioner

The Information and Privacy Commissioner is now asking Laurentian University to meet its obligation to respond to Freedom of Information requests.

Laurentian University review calls for major investments to reach 'baseline standard'

Sudbury’s Laurentian University will need to invest up to $32.5 million over three years for a “major transformation program”, according to a new operational review of the institution.

Deadline day for Laurentian University for documents ordered by province under Speaker's warrant

Laurentian University has a deadline to meet on Tuesday. This is the date set by the Ontario legislature in December for the handing over of certain documents Laurentian had refused to disclose to the auditor general.

How Laurentian University will be run and what it owns to be decided in next few months, says monitor

The court-appointed monitor overseeing Laurentian University's insolvency says the Sudbury school needs more time to solve its financial woes. The latest report released Tuesday contains a long to-do list for northern Ontario's largest post-secondary institution.

Speaker's warrant would cause Laurentian University 'irreparable harm,' says lawyer

If Laurentian University is required to submit privileged information to Ontario’s Legislative Assembly, it would cause “irreparable harm,” argued legal counsel for the Sudbury university.

Laurentian's lawyers ask judge to rule on legality of Speaker's warrant forcing release of private info

Lawyers for insolvent Laurentian University continue to defend against a Speaker’s warrant issued by the Ontario Legislature that aims to force the Sudbury school to give up privileged information to the auditor general.

'The best word to describe it is strange': financial crisis looms over Laurentian University this fall

Laurentian University students are getting ready to write exams this week, capping off a semester where the campus of northern Ontario's largest university came back to life, but definitely not back to normal. 

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