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"What’s the gist of it?"

Several weeks ago, a conservative student group asked Peterson to speak at Linfield on the general topic of free speech. After some back-and-forth, a date and on-campus venue were agreed upon, Peterson's appearance was announced publicly, and Peterson arranged airplane and hotel accommodations.

Meanwhile, since Peterson is known for - among other things - opposing the mandatory use of newly-invented pronouns for the various categories of LGBTQ people, student LGBTQ groups began to lobby the school administration for Peterson's appearance to be cancelled. It WAS cancelled on the grounds that Peterson's views were incompatible with the university's mission because they constituted a threat to the LGBTQ community's need for the university to be a "safe space" for them.

In response to the cancellation, Peterson offered to waive his speaker's fee so that it could be used to rent an off-campus venue, and I think that is what eventually happened.