LUFA, LUSU, Laurentian Board of Governers recommend support for finalized CCA Plan of Arrangement

The Laurentian University Faculty Association (LUFA), Laurentian University Staff Union (LUSU), and the Laurentian University Board of Governers have recommended that creditors vote for the newly negotiated Plan of Arrangement, which would conclude the Companies’ Creditors Arrangement Act process. The plan’s commitments include union consultation on governance reform and fast-tracking for the evaluation process regarding three new faculty positions. The finalized plan will continue employment for around 600 full-time employees and several hundred part-time employees, maintain the pension plan, and ensure no disruptions for students. Laurentian Note: Archived stories may contain dead links or be missing source links.