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
NEW From yearning for a change to cost of living, why some Canadians have left or may leave the country
For some immigrants, their dreams of permanently settling in Canada have taken an unexpected twist.
Here are the ultraprocessed foods you most need to avoid, according to a 30-year study
Studies have shown that ultraprocessed foods can have a detrimental impact on health. But 30 years of research show they don’t all have the same impact.
NEW Capital gains tax change 'shortsighted' and 'sows division' business groups tell Freeland
Forging ahead with increasing Canada's capital gains inclusion rate 'sows division,' and is a 'shortsighted' way to improve the deficit, business groups are warning Finance Minister Chrystia Freeland.
Police handcuff man trying to enter Drake's Toronto mansion
Toronto police say a man was taken into custody outside Drake's Bridle Path mansion Wednesday afternoon after he tried to gain access to the residence.
What is whooping cough and should Canadians be concerned as Europe declares outbreak?
There is currently a whooping cough epidemic in Europe, with 10 times as many cases compared to the previous two years. While an outbreak has not been declared nationwide in Canada, whooping cough is regularly detected in the country.
Ontario man frustrated after $3,500 paving job leaves driveway in shambles
An Ontario man considering having his driveway paved received a quote from a company for $7,000, but then, another paver in the neighbourhood knocked on his door and offered half that rate.
Florida deputies who fatally shot U.S. airman burst into wrong apartment, attorney says
Deputies responding to a disturbance call at a Florida apartment complex burst into the wrong unit and fatally shot a Black U.S. Air Force airman who was home alone when they saw he was armed with a gun, an attorney for the man's family said Wednesday.
Air Canada ranks near bottom on customer satisfaction: survey
Air Canada ranks below most other major North American airlines on customer satisfaction, with airfares a particular sore point, according to a new survey.
U.S. presidential candidate RFK Jr. had a brain worm, has recovered, campaign says
Independent U.S. presidential candidate Robert F. Kennedy Jr. had a parasite in his brain more than a decade ago, but has fully recovered, his campaign said, after the New York Times reported about the ailment.