Mr. Speaker, I thank my colleague from Timmins—James Bay and my colleague from London—Fanshawe for bringing forward this important emergency debate this evening.
Members who have already spoken have made it clear Laurentian University in Sudbury is of importance. I am concerned about a number of aspects about this. There are important protections of the CCAA that provide safeguards other than relief of debts for assets. There are certain protections for pensions of workers in these situations.
I know some of these protections do not go far enough. In fact, I have a bill before Parliament that would expand those protections. We need a comprehensive solution that maintains some of the protections for workers that exist with the CCAA.
With that being said, I do fear invoking the CCAA in this way for a public university might be a sneaky way to privatize it. If this were done by the board or the administration of the university, I wonder if the province should not have had the opportunity to step in here and protect the state of the university, including ensuring it remains a public university. I wonder if the member would like to speak to some of those points.