House of Commons passes legislation to remove public PSE institutions from BIA, CCAA


At the end of May, the House of Commons passed Bill C-59, which includes changes excluding public postsecondary education from Canada’s Bankruptcy and Insolvency Act (BIA) and the Companies’ Creditors Arrangement Act (CCAA). “This is an important victory for academic staff and all Canadians because treating universities and colleges […] like corporations is not in the best interest of our country,” said CAUT President Peter McInnes. The legislation has moved to the Senate, where it recently completed its second reading. CAUT states it is expected to be passed into law.

House of Commons | LEGISinfo (C-59) | CAUT