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LaSalle College has filed for creditor protection in Quebec Superior Court as it faces nearly $48 million in debt to the Quebec government.

The private Montreal institution says the amount includes more than $29 million in penalties for exceeding quotas on English-language students and nearly $18 million in overpaid subsidies.

The court granted the college a 10-day protection period to allow negotiations with the provincial government.

LaSalle College says the penalties are unfair and excessive, arguing the students were legally admitted with the required government authorizations. The…

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