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Gino Donato/The Globe and Mail
Professors at Laurentian University have agreed to a 5-per-cent salary cut in a new contract ratified just days after dozens of programs were eliminated and more than 100 faculty were fired or took early retirement.
The new collective agreement was approved by a vote of slightly more than 80 per cent of the faculty at the Sudbury university, which has been rocked by a financial crisis ever since administrators filed for creditor protection in February.