On February 1st, Laurentian University commenced a court proceeding for a formal restructuring to be undertaken pursuant to the Companies’ Creditors Arrangement Act (CCAA).
The court proceeding will provide a court-supervised platform for the University to financially and operationally restructure, and become sustainable long-term. The target date for completion of the key components of the restructuring plan is April 30, 2021.
The ultimate goal of the restructuring is to ensure that current and future students will continue to have access to a high quality post-secondary education at Laurentian for years to come.
Click here to read Dr. Robert Haché’s announcement to the community regarding the filing.
Message from the President and Vice-Chancellor
Hello, Aanii, Bonjour, Laurentian respects the Auditor General’s mandate, and has granted her office direct access to our entire financial database, enrollment system, and all non-privileged documents requested. No Ontario court has ever ruled on whether the Auditor...
Laurentian seeks appointment of Chief Redevelopment Officer as part of CCAA process
CRO represents first step in operational and governance review May 21, 20201 - As part of the next step in the Companies’ Creditors Arrangement Act (CCAA) process, an affidavit was filed today by Dr. Robert Haché, President and Vice-Chancellor of Laurentian...
Message from President to Students and Applicants
Hello, Aanii, Bonjour, There have been a number of developments and announcements at Laurentian University over the past few weeks, and I wanted to take this opportunity to provide you with some updates. It is important that you have the benefit of accurate and...
Court upholds termination of Federation Agreements between Laurentian University and the University of Sudbury, Thorneloe University and Huntington University
Sudbury, Monday May 3, 2021 -- On Sunday May 2, 2021 at 10:00 pm, following two separate days of court hearings on April 29 and 30, Chief Justice Geoffrey B. Morawetz and Madame Justice Cory Gilmore delivered their separate brief decisions with regards to Laurentian...
La Laurentienne and Assemblée de la francophonie de l’Ontario (AFO) Agree to Consent Order
Consultations In Phase 2 of CCAA Restructuring at Laurentian to begin Sudbury, May 3, 2021 -- Laurentian University, la Laurentienne and the Assemblée de la francophonie de l'Ontario (AFO) have agreed to terms that are contained in a court Order drafted by and issued...
Message from the President and Vice-Chancellor
Hello, Aanii, Bonjour, It has been a few weeks of rapid and significant developments at Laurentian University. I write to you today as I am now able to provide an update on what has taken place recently, and also to clarify the next stages in the CCAA process. ...
Statement on Animal Care Facility
Laurentian University wishes to thank the community for their questions and concerns on the Animal Care Facility. The facility is small and has primarily housed mice and rats for medical-related research. With the closure of the Animal Care Facility, these research...
Message from the President and Vice-Chancellor
Hello, Aanii, Bonjour, The last two weeks have been exceptionally difficult for our community. We are a community in mourning for the Laurentian that we once knew, a University whose future we must ensure. Laurentian elicits passion -- and we have heard the outpouring...
In Support of Indigenous Education in Sudbury
Sudbury, April 16, 2021 -- Laurentian University and University of Sudbury have signed an interim agreement outlining the negotiated terms that will be implemented by the parties following the disclaimer of the Federation Agreement by Laurentian on April 1, 2021...
Message from the President and Vice-Chancellor
Hello, Aanii, Bonjour, As we come to today April 15th, a number of major milestones in the first phase of Laurentian’s CCAA process have been completed. While the steps taken have been difficult and impact many in the community, they were necessary to ensure the...