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From what I know of Seneca (used to teach a course there), according to their Minimum Acceptable Performance Standards, full-time students who fail 2 courses in one term might get suspension for one semester from college. Part-time students are assessed on the basis of how many courses they were taking when they failed a course etc.
That being said, I would also advise you to consult with someone at the Registrar's office for more information.
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