Nickel Belt MPP France Gélinas criticizes the provincial government for the ongoing insolvency issues at Laurentian University, urging for a faster resolution to allow the university to move forward.
Nickel Belt MPP France Gélinas expressed frustration over the ongoing insolvency issues faced by Laurentian University , a situation he believes is detrimental to the community of Sudbury . The university, which emerged from insolvency in November 2022, must meet its obligations to creditors by November 2025, a deadline that is now just over a year away. However, the sale of the university's land to the province to fund creditor payouts has not yet been completed, leaving many creditors unpaid.
Gélinas criticized the provincial government for its lack of interest in resolving the issue, highlighting the need to move forward and rebuild the university
Laurentian University Insolvency Nickel Belt France Gélinas Sudbury Provincial Government
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