Student groups denounce USherbrooke decision to privatize student housing

The Université de Sherbrooke has announced that it will transfer the management of its student housing to the private company Groupe Custeau. USherbrooke Vice-recteur aux finances, aux infrastructures et au numérique Jean Proulx told CBC that the agreement was made because of the lack of government subsidies and the scale of renovations that the residences require. Two student groups have denounced the decision, arguing that the privatization may lead to unaffordable rent. USherbrooke said Groupe Custeau will be required to respect guidelines around annual rate increases.