On August 24, 2026, Collège LaSalle, a post‑secondary institution in Montreal, disclosed that it owes roughly $48 million to the Government of Quebec and is asking the province for solutions to its financial difficulties.
The college said the amount represents a large liability to the provincial treasury and that the debt has arisen as the institution has faced ongoing financial strain. It indicated that the balance is owed to the government and that the college is seeking assistance or a plan to address the shortfall.
The request for help comes after a period in which the college has been struggling to meet its operating costs. Officials from the college have approached the provincial authorities to discuss possible measures that could alleviate the pressure created by the unpaid amount.
The Government of Quebec has been informed of the debt and is expected to consider the college’s appeal for a resolution. The province’s response could shape the future of the institution, which provides education to a diverse student body in Montreal.
The $48 million figure underscores the scale of the financial challenge facing Collège LaSalle. If unresolved, the debt could affect the college’s ability to continue offering programs and maintaining its facilities. The situation highlights the broader issue of funding and sustainability for post‑secondary institutions in the province.
Collège LaSalle has not provided a timeline for when the debt might be settled, nor has it detailed specific actions it hopes the government will take. The college’s announcement marks a formal step in its effort to secure a path forward amid its fiscal difficulties.