Poor management, new buildings led to Laurentian University insolvency, Ontario AG's preliminary report says

[news]

https://i.cbc.ca/1.5833174.1649872990!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_460/covid-ont-20201207.jpg Laurentian University’s capital expansions from 2010 to 2020, along with “poor management of its financial affairs,” were big factors in the Sudbury school's insolvency last year, according to an Ontario auditor general's preliminary report submitted to the Legislature.


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