Renewal
At Laurentian University, this is a time of transformation and determination to make our university strong for the future.
Companies’ Creditors Arrangement Act (CCAA) Proceedings
On February 1st, Laurentian University commenced a court proceeding for a formal restructuring to be undertaken pursuant to the CCAA. The 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.
The court proceedings will provide a court-supervised platform for the University to financially and operationally restructure and become sustainable long-term. Updates and important documents are shared on this website.
Stay connected with our success
We’re continuing to serve our community and to create a nimble space for critical thinking and innovation. A space where students can reach their full potential, and faculty can push the boundaries of knowledge within a unique tricultural environment.
Laurentian University successfully exits CCAA process
Solid financial foundation to serve students, staff, faculty and the community for future generations November 28, 2022 - Laurentian University has successfully completed its restructuring process under the CCAA and has now emerged from the court proceedings which...
Laurentian Embraces Auditor General’s Recommendations
November 17, 2022 - Today, Ontario’s Auditor General released her Special Report on Laurentian University, which examines the University’s operations since 2010. This includes a review of the circumstances that led to Laurentian’s insolvency and subsequent filing for...
Court Approves Laurentian’s Plan of Arrangement
Approval paves way for University to exit CCAA process (October 5, 2022) - Laurentian University’s exit from the Companies’ Creditors Arrangement Act (CCAA) process is now within reach as Ontario’s Superior Court of Justice has approved the university’s Plan of...
Laurentian University Creditors Vote to Approve Plan of Arrangement
Approval paves way for University to exit CCAA process Sudbury ON, September 14, 2022 – Laurentian University today announced that its creditors have voted to approve the Plan of Arrangement filed with the Superior Court of Justice in July, clearing the way for the...
Laurentian University Reduces Timeframe for Payments under Plan of Arrangement from Four Years to Three
An Amended Plan of Arrangement has been filed with the Court by Laurentian University today, following an update received from the Province of Ontario. As a result of the Province’s continuing assessment of Laurentian’s properties, the Province is confident that it...
LUFA, LUSU, and the Laurentian University Board of Governors recommend support of CCAA Plan of Arrangement
August 16, 2022, GREATER SUDBURY—The Laurentian University Faculty Association (LUFA), Laurentian University Staff Union (LUSU), and Laurentian University Board of Governors are recommending that creditors vote in favour of the negotiated Plan of Arrangement that will...
Ontario Superior Court Authorizes Laurentian University Meeting of Creditors
Vote on Plan of Arrangement to be held September 14, 2022 Sudbury ON, July 28, 2022 – Today, Laurentian University received an Order from the Superior Court of Justice, confirming the University’s intention to call a virtual meeting of Creditors on September 14, 2022...
Laurentian University files Plan of Arrangement
Plan brings the university one step closer to a successful emergence from CCAA proceedings Sudbury ON, July 21, 2022 – Laurentian University reached a significant milestone in its restructuring today with the filing of its Plan of Arrangement with the Superior Court...
Laurentian University Board of Governors announces leadership transition
President and Provost to Retire Sudbury ON, July 21, 2022 – As part of the Plan of Arrangement materials filed today with the Superior Court of Justice, Laurentian University announced the pending retirement of Dr. Robert Haché as President and Vice-Chancellor and Dr....
Laurentian University Commits to Immediate Actions and Full Cooperation with Auditor General
Sudbury ON, April 22, 2022 – Last week, the Auditor General released her preliminary findings on her continuing value-for-money audit regarding the factors over the past 12 years that led Laurentian University into financial crisis. “Laurentian, its management and...