Laurentian University recently underwent a checkup by the Ontario auditor general’s office, two years after the AG detailed in special reports the circumstances that led to the university’s 2021-2022 insolvency.
Lysyk’s report included recommendations for the university, its board of governors and senate, as well as the Ministry of Colleges and Universities and the Office of the Integrity Commissioner of Ontario. “As part of our normal processes, we are conducting a two-year follow-up on our 2022 Special Report on Laurentian University,” the statement reads. “While the work is ongoing, the follow-up report will be included in our 2024 annual report.”
“So on May 22 and 23, the audit team of the auditor general of Ontario was on site conducting interviews and reviewing our progress report against each one of those recommendations. The university actually earmarked $8 million in its 2024-2025 budget to transform its operations, which includes the hiring of a lead transformation officer.