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The 2021-22 Laurentian University Crisis is a controversial and unprecedented financial crisis at Laurentian University in northern Ontario, Canada. After experiencing financial difficulties over a period of years, the university filed for creditor protection on February 1, 2021. The university subsequently closed 69 undergraduate and graduate programs and terminated 195 faculty and staff with little notice or severance. The federated universities of Laurentian eliminated 143 positions. Approximately 932 students were affected. It also marked the first time in Canadian history that a public university sought to restructure under the Companies' Creditors Arrangement Act (CCAA).
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