Laurentian University’s crisis is a reminder to an imperiled sector

When Canadian postsecondary schools run into financial trouble Laurentian University is often invoked as the worst-case scenario.In 2021, after years of budget deficits and a costly campus expansion, Laurentian became the first publicly funded postsecondary school in Canada to file for creditor protection. What followed was a painful dismantling that cost hundreds of jobs and eliminated dozens of programs but allowed the institution to survive.