After Years of Advocacy, the U of G Board of Governors Approves Divestment

After almost seven years of pushing by the student advocacy group Fossil Free Guelph, the majority of the Board of Governors at the University of Guelph voted Wednesday to divest the institution’s endowment from companies that hold fossil fuel reserves. After a debate, and a few amendments, all but three board members followed the lead of Vice-President of Finance Don O‚ÄôLeary, and voted to divest over the next five years. Continue reading “After Years of Advocacy, the U of G Board of Governors Approves Divestment”

Divestment Debate Comes to a Head at Board of Governors Meeting Tomorrow

It’s Sunday, it’s minus 18 degrees before the wind chill, but at least the sun is shining. Despite that, over 50 people are standing at the corner of Gordon Street and College Avenue demanding that the University of Guelph divest the $38 million portion of its endowment that’s invested in fossil fuel companies like Exxon-Mobil and Suncor. Continue reading “Divestment Debate Comes to a Head at Board of Governors Meeting Tomorrow”