Showing posts with label Companies' Creditors Arrangement Act. Show all posts
Showing posts with label Companies' Creditors Arrangement Act. Show all posts

2021-04-19

The future of Laurentian University is in the hands of a flawed process and an anti-education government

When Laurentian University was founded it was not to create a profit making enterprise but to create an educational institution to serve the north, one that went on to include an important partnership with the Franco-Ontarian and Indigenous communities.

Using a mechanism (Companies' Creditors Arrangement Act) designed to ensure profit making enterprises can continue to earn a profit as a means to solve it’s financial problems is doomed to failure from the start. I fear greatly that this great institution will be damaged beyond repair by this process as our anti-education provincial government and “businessman first” Premier stand idly by and watch.

We now have a process based on making cuts to ensure profitability and prioritizing revenue earning programs rather than than prioritizing the programs most important to the institution and the community.

The first thing that should have been done to address Laurentian University's future was to identify the most important programs, particularly those that can only be provided by Laurentian University or provided better there than elsewhere.

At this time of reconciliation there is one program at Laurentian University that stands out from all others and that is the Indigenous Studies Program, and supports for Indigenous students and ties to the Indigenous community. This is a program that is historically important not just to Laurentian University but to all of North America.

A plan to save Laurentian University must have its indigenous component at the forefront. The Indigenous Studies Program should not only be preserved with no cutbacks but expanded. Retaining a few courses and slapping them together into a token program is the worst thing that could be done and would be about as disrespectful as could possibly be to the Indigenous community.

That, of course, should not be the only priority. Near the top should be programs and research in the social sciences that focus on Northern Ontario in particular and northern communities in general.

In the sciences and engineering sectors, programs, courses, and research dealing with the ecology and environment of the north should prioritized along with programs and research related to the mining industry.

As well, programs in the health sciences and professional schools designed to meet the particular needs of Northern Ontario, such as social work, nursing and midwifery, also need to be protected.

The traditional arts programs and courses may be easier replaced by programs at other institutions but courses relating to northern history and culture, including francophone culture and history, should be protected.

As an Honours Bachelor of Arts (Political Science) graduate (May 1973) I would be remiss if I did not mention the Political Science program, which in my time provided me with a unique education in both applied and theoretical politics with a particular Northern Ontario focus.

Only after it has been determined what needs to be saved to protect the unique Northern Ontario mandate of the University should an analysis of what should be done to solve the university’s financial problems be undertaken. Gutting the university is not the answer. Strategic investments are more likely to be succesful.

To be done properly this process would require extensive community consultation, impossible with the flawed process that has been chosen that puts the process in the hands of bankers and accountants rather than educators and community representatives.

With the ultimate decision making power in the hands of a provincial government that is anti-education and anti-community I fear for the future of Laurentian University.

2020-10-02

The MEC Mess an Intuitive Understanding

These comments are not based on any comprehensive analysis but rather my intuitive response to what has been filed in court and published online and the media coverage.

It appears that both sides may be correct, sort of.

From a business point of view the Board of Directors actions may be the best way to preserve as much of the operating business as possible.

From a co-operative point of view the opposing MEC Members are clearly correct that this goes in opposition to MEC's founding principles and values and those of co-operatives in general.

Need it be stated that MEC is a co-operative and not a for-profit business.