Posts from September 2021

Earlier this week, The Toronto Star published a contribution from OCUFA President Sue Wurtele that highlights the need for the next federal government to pass changes to federal insolvency and bankruptcy legislation to exempt public institutions, including universities. Read “Laurentian University’s collapse shows federal government must protect public institutions from private-sector restructuring.”

Ontario faculty associations are sending letters to federal candidates running in their regions and asking those seeking a seat in Parliament to exempt public institutions from private-sector restructuring under the federal Companies’ Creditors Arrangement Act (CCAA) and the Bankruptcy and Insolvency Act (BIA). It was under the CCAA that, earlier this year, Laurentian University acted […]

TORONTO, September 9, 2021 — OCUFA welcomes the Federal New Democratic Party’s commitment to reform the Companies’ Creditors Arrangement Act (CCAA) so that public postsecondary education institutions are not subject to restructuring under federal legislation. The commitment, on page 13 of the Federal NDP’s A Better Future for Northern Ontario, states that, if elected, the […]

TORONTO, September 2, 2021 — OCUFA is pleased to see the Federal Liberal Party’s commitment to exempting public postsecondary education institutions from being subject to restructuring under federal legislation. The commitment, on page 31 of the Liberal platform, states that, if elected, the Liberals would, “Protect public post-secondary educational institutions, such as Laurentian University, from […]