By the numbers / Laurentian University financial crisis

Repercussions of the CCAA process

Primary causes of the insolvency

Companies’ Creditors Arrangement Act (CCAA) costs to the University

* Media reports indicate that deficits ran back to at least 2014. 

Sources: Preliminary Perspective on Laurentian University, Office of the Auditor General of Ontario, April 2022 | Annual Financial Report Fiscal Year Ended April 30, 2021, Laurentian University