Laurentian's use of the Companies Creditors Arrangement Act admist bankruptcy has sparked conversation about the legality of this resource from community members, the CUAT and federal government
In February 2021 the leadership of Laurentian University made the decision to file for creditor protection from the Companies Creditors Arrangement Act amidst bankruptcy. The CCAA allows large corporations facing insolvency to receive guidance, including plans to restructure their corporation. As a federal law, the Government of Canada introduced this act to help companies proceed with their work as they manage their internal finances. The university has since exited insolvency and terminated their protection under the CCAA as of Nov. 2022.
A review done in 2022 by then Ontario Auditor General Bonnie Lysyk found that since the incitement of the CCAA, 195 university staff and faculty lost their jobs.
With the protection of the CCAA, they were not required to honour agreements previously made with labour groups, such as senior staff firing and severance. Additionally, 76 academic programs were cut, impacting roughly 932 students.
CTV news coverage shared their firing had been done through zoom, where Laurentian University’s Vice President of Academics promptly exited the call after sharing the news.
To protect the release of this information reaching the public for review, Laurentian university has spent $30 million in advisors and lawyers.
A statement and commissioned report by the Canadian Association of Universities Teachers shared that they believe that the decision made by Laurentian can become a precedent for others if access to CCAA is not legally halted. The CAUT stated that it is important to prevent public universities to file for bankruptcy in the same manner as commercial businesses.
Following these demands for prevention of public universities to utilize resources like CCAA, the Canadian federal government released statements. In Nov. 2023, they shared that they will be taking active steps to change CCAA so that public universities can no longer utilize this tool amid financial hardship. The exact steps taken are yet to be released and are awaited by many in 2024.
PHOTO C/O Arnaud Jaegers
An overview of the current state of Canada’s political parties
By: Max Cornblum, Contributor
On Sept. 20, 2021, Canadians across the country voted in an early federal election called by Prime Minister Justin Trudeau.
Results of the election formed another minority government under the Liberal party, leaving Canadians to wonder what the future of the government would look like in the face of a new, but almost identical, parliament.
Liberal Party
After winning 159 seats and maintaining their minority government, many now-former members of parliament have lost their pensions. Pensions are awarded after six years of being seated in parliament and this election was called just over two months before some of those pensions would have vested.
Filomena Tassi, Member of Parliament for the Hamilton West, Ancaster and Dundas constituency, stands by the Liberal government’s decision to call a snap election.
Tassi believes that the party’s win proves Canadians agree with what the party has been doing and what they plan to do moving forward.
“The Canadians have accepted the mandate and that they agree with the way that we have navigated through COVID-19 and they say that they agree with our plan moving forward with regards to [future plans in things] such as environment, childcare and housing,” said Tassi.
Tassi added that she doesn’t see the snap election as a waste of money, but rather as a mandate from Canadians to have either voice heard.
“It is important that as we move forward, we are listening to Canadians, and this was the opportunity for Canadians to have their say with respect to what we have invested in,” explained Tassi.
“It is important that as we move forward, we are listening to Canadians, and this was the opportunity for Canadians to have their say with respect to what we have invested in.”
Filomena Tassi, Member of Parliament for Hamilton West, Ancaster & Dundas Constituency
Justin Trudeau currently remains the leader of the party. However, following public outrage regarding Trudeau’s decision to call the snap election, it remains to be seen as to whether the Liberal party is still committed to the Trudeau name.
Conservative Party
As the Conservative Party’s leader, Erin O’Toole’s platform let the voters know that he was pro-2SLGBTQIA+ and pro-abortion. He also supported a federal carbon tax, which was unheard of for a conservative leader.
However, the Conservative Party’s turn towards the centre with a more moderate leader such as O’Toole didn’t make up any ground from the Liberals.
As a result of the snap election, the Conservative Party now holds 119 seats in the House of Commons, a loss of two seats compared to the 2019 election.
“While [the Conservative Party] didn’t get the results we had hoped for, I am proud of our team for holding the Liberals to a minority in this pandemic election,” said O’Toole.
“While [the Conservative Party] didn’t get the results we had hoped for, I am proud of our team for holding the Liberals to a minority in this pandemic election.”
Erin O'Toole, Conservative Party Leader
New Democratic Party
The New Democratic Party was unable to pick up a sizable amount of seats despite their overwhelmingly popular policies. The NDP now holds 25 seats in the house of commons.
Although NDP leader, Jagmeet Singh, has garnered a large amount of popularity through social media platforms such as TikTok, this did not translate to an increase in seats in the House of Commons.
The NDP will reevaluate their leadership and platform to see if they can improve their results with another leader or may decide to continue the course with Jagmeet Singh.
Jagmeet Singh remains the leader of the NDP and has stated that he’s confident he will keep that position.
Bloc Quebecois Party
The Bloc Quebecois won 33 seats, short of their goal of 40 seats. As is the case with other parties, the Bloc Quebecois won a similar number of seats as the 2019 election where they won 32 seats.
Yves-François Blanchet, leader of the party, criticized Trudeau for calling the election.
“We almost feel like saying ‘All of that for this’,” said Blanchet.
“We almost feel like saying ‘All of that for this’.”
Yves-François Blanchet, Leader of the Bloc Quebecois
Green Party
After losing a Member of Parliament to the Liberals because of an internal party dispute about the Israel-Palestine conflict, the Green Party received far fewer votes than in 2019 and won two seats.
Despite climate change being a top priority for voters, the party dedicated to the climate lost ground and credibility with voters.
In her own riding in Toronto Centre, the previous leader of the Green Party, Annamie Paul, was unable to win her seat as well. Even before the election, her standing within the party was already in tatters.
Paul has now resigned and the Green party will begin its search for a new leader.
With only two seats in the House of Commons after this election, the Green Party does not meet the requirement of at least 12 seats to be deemed a recognized party for parliamentary proceedings.
People’s Party
While the People’s Party of Canada was able to increase its share of the popular vote, it remained unable to make any ground and won zero seats.
PPC leader, Maxime Bernier, also lost in his own riding in Beauce.
While the rise of right-wing populism has given great success to parties around the world, it appears that the ideology shared by these parties is not welcomed by enough Canadians to make this party feasible.
After an election that didn’t change the political landscape, every party is left to reflect on what happened in their campaign. Every party must reevaluate its strategies and come prepared for the next election either in 2025 or earlier.
By Nicholas Marshall, Contributor
Grits. Reds. Libs. We need to talk. Let us consider Justin Trudeau’s domination in the 2015 federal elections. Here, Trudeau, the son of the heavenly father of our Constitution, descended from the lofty peaks of Canadian society to liberate our wretched souls from the clutches of Harper’s conservative austerity. I take it you were feeling pretty confident this time around. Trudeau was a media darling, beloved on the world stage and, in contrast with our neighbors to the south, a head of government that was hoping to unite our diverse population with Canada’s virtues of multiculturalism and equality.
But then, the scandals started rolling in. They began as relatively innocuous misdemeanours; his trip to India donning garb of another culture may have seemed like a substantial embarrassment, but it was only foreshadowing whats to come.
Things started to get more serious when the Liberal government approved the expansion of the Trans Mountain pipeline. The Trans Mountain pipeline is poised to carve a path straight through the Liberal rhetoric on climate change, and undermine every word that spilled out of Trudeau’s mouth about protecting future generations.
Nothing could have prepared us for the big fish: the SNC-Lavalin scandal was a disaster for public confidence in our prime minister. A private corporation lobbying the government to change the law in their favour so that they could escape conviction was and is an international scandal. But to also pressure and demote your attorney general and then lead a coverup inside your own cabinet demonstrates a profound lack of respect for the political process and the rule of law. In fact, according to the ethics commissioner, the sitting prime minister had broken the law. At least things couldn’t get any worse, right?
We soon learned that the prime minister was “two-faced” in more ways than one.
So, where do we go from here? Justin Trudeau has been involved in scandal after scandal, while Andrew Scheer, the Conservative party leader, is climbing in the polls. Scheer, the leader who pinky promises that his personal opinions about gay people won’t inform his policy decisions.
So what do we do?
The truth is, most people like how the Liberals brand themselves, but in practice they don’t like watching their feminist darling sell war machines to Saudi Arabia. So, perhaps it’s time to wake up to the fact that Liberals campaign themselves as New Democrats and govern themselves as Conservatives, especially when they know no one is looking.
This election, it’s time we build our image of the Liberal party based on actions and not on words. We should recognise that the policies the Liberals win on are the actual policies of the NDPs and the policies they sneak in behind our backs are Conservative.
And, we must keep in mind that when Canadians don’t have the appetite for a scandal-ridden Liberal, voting Conservative is a counterproductive exercise in masochism (see Doug Ford). When your sheep start to bite, you don’t start shearing wolves.
This election has only just begun, so now is the time to get to know your candidates and evaluate them based on what they offer you as a citizen. Take nothing at face value, and remember that these people may not be exactly what you expected. But if you give it time, I’m sure they will all reveal their true colours to you.
[thesil_related_posts_sc]Related Posts[/thesil_related_posts_sc]
By: Saba Manzoor
The federal government has awarded $3.3 million in grants to 72 social sciences and humanities researchers at McMaster.
These grants are a part of the federal government’s social sciences and humanities research council’s “Insight Development Grant” program.
McMaster was one of nearly 80 post-secondary institutions across the country to receive part of the $141 million overall grant funding provided by the Social Science and Humanities Research Council of Canada.
This announcement comes a few months after McMaster maintained its rank as Canada’s most research-intensive university on the list of Canada’s top 50 research universities.
Funding through government programs, such as the SSHRC-IDG, continues to play a significant role in establishing the university’s rank on the list.
In addition to being lauded for the quality of their research, McMaster’s humanities and social science researchers have also been recognized for the communicability of their research.
In particular, they were the recipients of the 2017 SSHRC award of excellence for communications, which recognized the accessibility of McMaster research for non-expert audiences.
One of this year’s research grant recipients is Jeffrey Denis, an associate professor in the department of sociology.
Denis’ funds are being put towards a collaborative project with Reconciliation Kenora, a non-profit organization comprised of Indigenous and non-Indigenous residents in Northwestern Ontario.
The goal of Denis’ project is to improve local relationships and better understand the reconciliation efforts that prevail in this part of the province.
“Our plan is to conduct a series of video-recorded sharing circles with Anishinaabe, Metis and settler residents about what reconciliation means, the barriers and enablers to achieving it and how to engage more people in the process,” said Denis.
Brent McKnight, an assistant professor with the DeGroote School of Business, is another grant recipient this year.
Through this funding, McKnight will be evaluating how external considerations, such as environmental, social and governance factors, contribute to financial investments.
Specifically, McKnight will be examining how these factors play into a retail market investment decisions.
“There are few sources of funding for social science research and this multi-year grant is critical,” said McKnight.
Mark Norman, another grant recipient, is a postdoctoral fellow in the department of health, aging and society at McMaster.
With the funding, Norman will be investigating the organization and social meanings of sport and physical recreation in Ontario youth detention centres.
According to Norman, despite their popularity in youth correctional facilities, evidence suggests that implementing sports programs for at-risk youth produces mixed outcomes.
Norman’s project aims to reconcile the knowledge gap and explore why these programs are yielding these results.
“It is crucial that Canadian governments and post-secondary institutions invest in social sciences and humanities research, particularly projects that investigate pressing social problems or provide insight on how to ameliorate social injustices in our society,” explains Norman.
Other research projects funded through the grant cover a wide range of topics, including the history of smallpox and the effects of taxation on trade.
[thesil_related_posts_sc]Related Posts[/thesil_related_posts_sc]
With elections taking place during reading week, we are using this week’s issue to share as much as we can with you about candidates and knowing your options.
For myself, and many other students, this will be my first time voting in a federal election. I have voted in provincial and municipal elections before, but this will be my first time approaching the beast that is our national electoral system.
As someone who is ready to see our current overlord shimmied out of his current throne, I am making sure that before I go to the polling stations this year, I am informed, aware, and prepared to vote strategically. There has been a large amount of discussion this year about our ability as voters to create the change we want by voting in or out certain parties, and using majority voting tactics in swing ridings to ensure one progressive party receives the majority of votes, instead of having them evenly split across the spectrum and going to the wayside with not enough support.
Our current first-past-the-post system allows for a party to win with a minimum of 34 percent of the votes when split between three parties. This means the two remaining parties could receive up to 33 percent of the vote each, but that one percent would make the difference.
My priority as a citizen, and as a student, is to elect one of the progressive parties that can create meaningful changes for students, education and job prospects, among many other issues.
In the 2008 federal election, a website called strategicvoting.ca identified 68 districts where the combined progressive vote was greater than that of the Conservatives. Meaning there were overall more votes for left wing parties, but the votes were split in a way that made them each negligible.
If the method of strategic voting was followed at that time, we would currently have a minority progressive government.
If you live in a swing riding, look online to see which progressive party has the highest chance of being elected, and if you support the difference this could make, use your vote to count towards that, instead of falling into an almost even split between parties.
As McMaster students alone, we account for thousands of potential voters. It is important that we use this position wisely in order to incite change where we see it fit. In this month’s issue, both our News and Opinion sections look at ways students can benefit from each party’s platform. And while the point of this whole article is to emphasize the importance of strategic voting, it is even more important to know who you’re voting for, and how they can make a difference to you — that’s the real strategy behind voting.
