Called "School Schmool" (education is a tool of the proletariat!), it commemorates the invention of the pipe bomb and encourages vandalism of advertisements.
Those of us with long memories might remember "Uprising", the 2001 Concordia student agenda, which had a similar ultra-activist slant, titles in Broken Typewriter font for that extra edge, the same "alternative" calendar anniversary notes, and encouraged people to vandalize advertisements, dismantle the capitalist system by firing their "bo$$e$" (l33t!), squat in abandoned buildings, steal expensive cars to take for joy rides and then crash into other expensive cars and setup pirate radio stations.
It also, of course, demonized Israel, the U.S., the media, the university, police, heterosexuals, capitalism and just about any large company.
Unfortunately for Concordia's student handbook, it was released in September 2001, which was pretty horrible timing. It eventually helped lead to an unprecedented student revolt that took the student union's executive out of office. (This one probably won't generate a reaction on the same level, if only because it wasn't the official student union agenda.)
Like all stupid student ideas, after five years when everyone's graduated, they start repeating themselves. Embezzlement of student funds, patronage appointments, election fraud, all tend to come and go on a five-year cycle. As do all the election promises that later turn out to be too complicated to accomplish or too impractical to be worth the time.