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Editorial: LU insolvency rumours give university bad rep

Lambda Social February 13, 2021 – Posted in Opinion by Lexey Burns, Editor-in-Chief Can we just agree that Canadian Party Life is not a news source?  Canadian Party Life (CPL) is an Instagram page that features videos of university students from across the country doing dumb stuff (mainly while intoxicated).  So of course when they posted a screenshotted tweet saying “Laurentian University files for bankruptcy & owes three Canadian banks $91 million” they just went with it. They took this information from Financial Post’s article “RBC, TD, BMO snared in Laurentian University bankruptcy.”  Laurentian filed for creditor protection but what does that really mean?

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