Category : Search result: Laurentian University insolvency


McGill's $50M facility crisis preceded sports team cuts

A month before axing teams, McGill's athletics director warned the Board of Governors of deteriorating, unsafe facilities needing over $50M in repairs. Discover the details behind the controversial decision.

King's College in N.S. reports $1.8-million deficit

The University of King's College in Halifax confronts a significant $1.8-million budget shortfall for 2025, attributing it to escalating operational expenses. Learn about the financial pressures facing the historic institution.

Laurentian Bank sells $1.9B portfolio in strategic split

Laurentian Bank CEO Éric Provost details the strategic $1.9 billion asset sale to National Bank and Fairstone Bank, marking a significant shift for the Canadian financial institution. Learn the details and implications.

B.C. reviews post-secondary sector sustainability

The B.C. government launches a review of the post-secondary sector's sustainability, blaming federal international student caps for financial crises forcing program cuts at major institutions.

McGill cuts 25 varsity teams, athletes devastated

McGill University's decision to eliminate 25 varsity sports teams has left student athletes reeling, calling the move an 'absolute gut punch' to their athletic careers and campus lives.

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