ILAC Education Group files for bankruptcy, ceases operations

The International Language Academy of Canada has ceased operations after filing for bankruptcy on Friday. ILAC cited “significant regulatory changes affecting the sector” and the associated financial impacts as its reason for the decision. Over 1,300 international students across its Toronto and Vancouver campuses are estimated to be impacted, according to The PIE News. ILAC said on its website that it is “working closely with relevant regulators” to support transitions for affected students, and that it is working to minimize impacts on students, employees, and partners. Languages Canada is working to find alternate classes for language students.