Tracing Laurentian’s Path Part 3 : 2020/21
Laurentian was the first public university in Canada to close its campus in reaction to COVID. On March 11, after the first case was identified, the institution decided to move to teaching at a distance. Almost immediately, the consequences of COVID came into view. The university had anticipated going into the new fiscal year with a combined $40 million in net deficits, line of credit owing, and “internal borrowing”, and now it was $45 million, with projected losses (at the