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
What to know about avian influenza in dairy cows and the risk to humans
Why is H5N1, or bird flu, a concern, how does it spread, and is there a vaccine? Here are the answers to some frequently asked questions about avian influenza.
'I was scared': Ontario man's car repossessed after missing two repair loan payments
An Ontario man who took out a loan to pay for auto repairs said his car was repossessed after he missed two payments.
opinion The special relationship between King Charles and the Princess of Wales
Royal commentator Afua Hagan writes that when King Charles recently admitted Catherine to the Order of the Companions of Honour, it not only made history, but it reinforced the strong bond between the King and his beloved daughter-in-law.
New Norad commander calls Canada's defence policy update 'very encouraging'
American troops will be spending more time training in the Far North, the new commander of Norad says, a strategy that fits 'hand-in-glove' with Canada's renewed focus on Arctic defence.
$70M Lotto Max winners kept prize a secret from family for 2 months
During a special winner celebration near their hometown, Doug and Enid shared the story of how they discovered they were holding a Lotto Max ticket worth $70 million and how they kept this huge secret for so long.
Are Canadians getting sick from expired food?
A new survey by Dalhousie University's Agri-Food Analytics Lab asked Canadians about their food consumption habits amid rising prices.
Documents reveal Ottawa's efforts to get Loblaw, Walmart on board with grocery code
It was evident to the federal government as early as last fall that Loblaw and Walmart might be holdouts to the grocery code of conduct, jeopardizing the project's success.
Charlie Woods, son of Tiger, shoots 81 in U.S. Open qualifier
Charlie Woods failed to advance in a U.S. Open local qualifying event Thursday, shooting a 9-over 81 at Legacy Golf & Tennis Club.
Improve balance and build core strength with this exercise
When it comes to cardiovascular fitness, you may tend to focus on activities that move you forward, such as walking, running and cycling.