
Universities are important public institutions. The education of students and the research undertaken on campuses have a broad impact throughout our economy and society. In Canada, a significant portion of university budgets also comes from government.
In smaller cities and towns, universities are often among the largest employers in addition to serving as important community hubs. Perhaps nowhere has this impact become more apparent than Sudbury, Ont., where — as the province of Ontario’s auditor-general reported — mismanagement at Laurentian University led to significant job losses and disruption to the local economy.