Bill C 59 Progress Update – Success!

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After years of advocacy, the Ontario Confederation of University Faculty Associations (OCUFA) and its allies have successfully secured passage of federal legislation that will exclude public universities from the Companies’ Creditors Arrangement Act (CCAA) and Bankruptcy and Insolvency Act (BIA).

OCUFA welcomes news that the House of Commons Bill C-59, which included the amendments to CCAA and BIA, passed the third reading in the federal Senate on June 19 and is awaiting Royal Assent to be passed into law.

Read the full release here.

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