Laurentian asks for more time to finalize process to deal with claims from former staff
Laurentian University is asking the courts for more time to come up with a process to handle compensation claims from former staff members.
LU had been given until July 30 to work with the two biggest unions at the school – the Laurentian University Faculty Association (LUFA) and the Laurentian University Staff Union (LUSU) – to develop a process to handle the claims.
"Compensation claims generally include the claims of current and former employees, retirees, and labour unions with respect to employment, benefits, pension, and/or labour agreements among the stakeholders and the applicant, and claims of certain third parties with respect to participation of their employees in the retirement health benefit plan," said court documents seeking the extension.
While LUFA and LUSA have received a draft process, more time is needed to get feedback and resolve any issues. LU is hoping to move the deadline to Aug. 20, with a court date set for Aug. 17.
Roughly 150 positions at the university were terminated this spring, as Laurentian went through insolvency under the Companies Creditors Arrangement Act (CCAA) which allowed them to cut staff and programs quickly to become financially stable.
In all, LU said 58 undergraduate programs were cut. Of those, 34 were English-language programs and 24 were French-language programs. In addition, 11 graduate programs were cut.
The court filings under the CCAA revealed the university is hundreds of millions of dollars in debt, has run operating deficits for several years. There are also concerns money donated for bursaries and to support different programs may have been absorbed by the mounting debts.
CTVNews.ca Top Stories
Grandparents killed in wrong-way crash on Hwy. 401 identified
A 60-year-old man and a 55-year-old woman killed in a wrong-way crash on Highway 401 earlier this week have been identified by the Consulate General of India in Toronto.
Police arrest 3 Indian nationals in killing of B.C. Sikh activist Hardeep Singh Nijjar
Three people have been arrested and charged in the killing of B.C. Sikh activist Hardeep Singh Nijjar – as authorities continue investigating potential connections to the Indian government.
Suter scores late goal, clinches series for Canucks
Pius Suter scored with 1:39 left and the Vancouver Canucks advanced to the second round of the NHL playoffs with a 1-0 victory over the Nashville Predators on Friday night in Game 6.
TD worst-case scenario more likely after drug money laundering allegations: analyst
TD Bank Group could be hit with more severe penalties than previously expected, says a banking analyst after a report that the investigation it faces in the U.S. is tied to laundering illicit fentanyl profits.
Quebec man who threatened Trudeau, Legault online sentenced to 20 months in jail
A Quebec man who pleaded guilty to threatening Prime Minister Justin Trudeau and Premier François Legault has been sentenced to 20 months in jail.
Human remains found in rural Sask. possibly a decade old, RCMP say
RCMP say human remains found in a rural area in central Saskatchewan may have been there for a decade or more.
Britney Spears 'home and safe' after paramedics responded to an incident at the Chateau Marmont, source tells CNN
A source close to singer Britney Spears tells CNN that the pop star is 'home and safe' after she had a 'major fight' with her boyfriend on Wednesday night at the Chateau Marmont in West Hollywood.
Canadian doctor concerned new weight-loss drug Wegovy may be used inappropriately
As Wegovy becomes available to Canadians starting Monday, a medical expert is cautioning patients wanting to use the drug to lose weight that no medication is a ''magic bullet,' and the new medication is meant particularly for people who meet certain criteria related to obesity and weight.
Drew Carey is never quitting 'The Price Is Right'
Drew Carey took over as host of 'The Price Is Right' and hopes he’s there for life. 'I'm not going anywhere,' he told 'Entertainment Tonight' of the job he took over from longtime host Bob Barker in 2007.