OCUFA: Erosion of governance and public funding cause of Laurentian University financial crisis
Sudbury, ON, Feb. 02, 2021 (GLOBE NEWSWIRE) -- The Laurentian University Faculty Association (LUFA) and Ontario Confederation of University Faculty Associations (OCUFA) are concerned to hear that Laurentian University is filing for court protection under the Companies' Creditors Arrangement due to financial challenges it is facing as a result of poorly considered and reckless administrative decisions and the erosion of public university funding.
- Sudbury, ON, Feb. 02, 2021 (GLOBE NEWSWIRE) -- The Laurentian University Faculty Association (LUFA) and Ontario Confederation of University Faculty Associations (OCUFA) are concerned to hear that Laurentian University is filing for court protection under the Companies' Creditors Arrangement due to financial challenges it is facing as a result of poorly considered and reckless administrative decisions and the erosion of public university funding.
- As to how Laurentian got itself into this mess, LUFA has repeatedly raised concerns about the increasingly secretive and non-consultative approach the university administration has taken to making important financial decisions.
- Founded in 1979, LUFA represents over 400 full-time and over 300 part-time professors at Laurentian University, the University of Sudbury, Huntington University, and Thorneloe University.
- Ben Lewis Ontario Confederation of University Faculty Associations 416-306-6033 [email protected] Fabrice Colin, LUFA President Laurentian University Faculty Association 705-698-6763 [email protected]