Laurentian Terminated Faculty Committee renews calls for inquiry into use of creditor protection act

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In a letter to the editor published by Sudbury.com, members of the Terminated Faculty Committee of Laurentian University call for an inquiry into the university’s use of the Companies’ Creditors Arrangement Act (CCAA) during its insolvency crisis. The calls come in response to the conclusions of Laurentian University President Lynn Wells’ “listening tour,” which were reported in late June. In the letter, the committee calls for “an acknowledgement of the harm” done by the university’s former administrators, a public inquiry into the causes of the CCAA, and the sharing of the total costs of the CCAA process.

Sudbury.com