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.
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...
Laurentian Board Approves Agreements Reached with LUFA and LUSU
Greater Sudbury, April 14 – The Board of Governors of Laurentian University of Sudbury and its two largest labour partners have ratified terms of agreement which include a new five year term of the Collective Agreement with the Laurentian University Faculty...
Changes in Varsity Sports
As part of the restructuring of its operations under the Companies’ Creditors Arrangement Act (CCAA), I regretfully inform you that Women’s and Men’s Varsity Swimming and Hockey programs will be discontinued, effective April 30, 2021. Laurentian University has...
Laurentian University Academic Senate Votes to Approve Certain Program Closures
Sudbury, April 12, 2021 -- Last week, the Laurentian University Academic Senate voted in favour of a series of program closures that have had historically low enrolment. This will allow the University to restructure its operations, enabling a financially...
Message from the President on the CCAA Restructuring: Staff and Faculty
Monday, April 12, 2021 Hello, Aanii, Bonjour, Last week, a special in-camera session of the Academic Senate was held to determine the future of academic programming at Laurentian University. In February, six Senators were elected by their fellow Senators to...
Message from the President and Vice-Chancellor to Students on Program Restructuring & Student Supports
Monday, April 12, 2021 Hello, Aanii, Bonjour, I write to you today with important news on the future of academic programming at Laurentian University. Last week the Laurentian Academic Senate voted in support of a plan to close a number of programs which have had low...
Update for Students on the CCAA — Federated Universities
Hello, Aanii, Bonjour, Laurentian University last week announced that it had terminated its federation agreement with Huntington University, Thorneloe University and the University of Sudbury. Students enrolled in programs and courses through the federated...
Laurentian University & Huntington University Reach Agreement
Sudbury, April 7, 2021 -- Laurentian University and Huntington University have each signed a Term Sheet outlining the negotiated terms that will be implemented by the parties following the disclaimer of the Federation Agreement by Laurentian on April 1, 2021 as part...
Laurentian Federation Relationship Terminated
Sudbury, April 1, 2021-- On February 1, 2021, the Laurentian community embarked on a very difficult chapter of our history, commencing restructuring proceedings under the Companies’ Creditors Arrangement Act (CCAA). This step provided the best, and possibly the...