Billes Resigns as U of G Chancellor Because of Divestment Vote

Last month‘s vote by the University of Guelph’s Board of Governors to divest from fossil fuel companies was the fiscally prudent move according to the financial committee. But while the committee was sure that the U of G would suffer no fiduciary consequences to divestment, there has been a different kind of loss for the university as a result. Martha Billes, the chancellor of the U of G has quit, and she say’s it’s because of the divestment vote. Continue reading “Billes Resigns as U of G Chancellor Because of Divestment Vote”

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’Leary, and voted to divest over the next five years. Continue reading “After Years of Advocacy, the U of G Board of Governors Approves Divestment”

U of G Students Push Admin to Looking Again at Divestment

Over 100 University of Guelph students led a solidarity process with the hereditary chiefs of the Wet’suwet’an territory on Wednesday on campus, and then they went inside to push the administration to divest the university from fossil fuels. Although the U of G Board of Governors voted down such a motion last year, Vice-President of Finance Don O’Leary promised the protestors that he would bring it up again. Continue reading “U of G Students Push Admin to Looking Again at 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”

Student Pressure Makes Board of Governors Pause Final Divestment Decision

In an interview on the subject, a spokesperson from Fossil Free Guelph said that whatever the outcome of a vote on an ad-hoc committee report at Tuesday’s Board of Governors’ meeting, “It’s not done, until we get divestment.” As luck would have it, despite a report that said otherwise, the debate over whether or not the University of Guelph should divest its endowment from fossil fuel companies is not over. Yet. Continue reading “Student Pressure Makes Board of Governors Pause Final Divestment Decision”

Student Group Hopes to Change Minds on Divestment Vote at U of G

On Tuesday, the Board of Governors at the University of Guelph are meeting, as they regularly do. But there’s an item on the agenda this month that is quite irregular. The final report of an ad-hoc committee on Special Action Requests is bringing back the results of an investigation into whether or not the U of G should divest from fossil fuel companies, and the people that helped bring the request forward are not going to like the answer. Continue reading “Student Group Hopes to Change Minds on Divestment Vote at U of G”