Romano says special advisor’s report will play a key part coming out of insolvency

Ontario’s Minister of Colleges and Universities, Ross Romano, is adamant that he will not discuss the insolvency process underway with Laurentian University because he is not in a legal position to do so.

Romano says the special advisor Alan Harrison’s report will still have a key role even with restructuring already underway at the university.

He says LU has had financial challenges for nearly 15 years and with the information they have already received the ministry is already looking at ways to ensure a similar situation does not occur again.

Romano says once the insolvency court proceedings are complete, he will have more to say as to how the university moves forward in its restructuring and ensuring that students can access the programming they need.

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