Laurentian is also working to end agreements with three federated universities — Thorneloe, Huntington and the University of Sudbury — saying it would help it retain $7.7 million. But the University of Sudbury and Thorneloe are challenging the move in court. The university is seeking an external adviser to review operational and governance matters throughout the institution. The school also plans to review the value of its real estate, including buildings leased to other parties, to determine assets that "could be monetized" to pay off debt. Fears of damaging school's historyForest-Niesing finds this step disturbing, given the University of Sudbury sits on land owned by Laurentian.

Source: CBC News April 23, 2021 07:52 UTC