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Local newspaper stories

Local newspaper stories

Old Sep 14th 2020, 11:50 pm
  #556  
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Default Re: Local newspaper stories

MEC (Mountain Equipment Co-Op) has sold it's assets including most stores to a private equity company in Los Angeles, and MEC has been granted protection under Companies' Creditors Arrangement Act, as they work to complete the deal.

https://www.bnnbloomberg.ca/kingswoo...ding-1.1493903


MEC according to Globe & Mail had been relying on financing from
syndicate of lenders led by RBC to operate, but the financing dried up on August 3.




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Old Sep 18th 2020, 1:31 am
  #557  
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Nothing like spending 300k on furniture during a pandemic, and not just furniture but high end designer-brand Herman Miller furniture.

Would think there would be suitable lesser cost furniture the city could purchase.

The mayor doesn't seem too happy about it either.

And it's not like they ordered it months before the pandemic, they were still ordering in May, a full month after the mayor claimed the city was broke.

Global News has confirmed that furniture was being ordered as late as May 2020 — a month after Vancouver Mayor Stewart
warned the city was facing a financial crisis, and pleaded for a bailout from senior levels of government.

Global News.

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Old Sep 23rd 2020, 5:31 pm
  #558  
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Default Re: Local newspaper stories

The RCMP are now going to investigate this dust-up in Red Deer. An anti-racism protest brought out the Sons of Odin and the boys from the bar.
https://calgaryherald.com/news/local...-investigating
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Old Oct 8th 2020, 6:59 pm
  #559  
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Default Re: Local newspaper stories

Last week (I think I posted it in random thread by error and not this one where I wanted) the Cleveland dam in Metro Vancouver unexpectedly had the spillway opened and massive amount of water went into the Capilano River, the water over 12 feet in a matter of minute or 2 and there was no warning to people downstream.

Looks like the preliminary investigation has found human error as the primary cause.

"While the review continues, we can now confirm that the clearest contributing factor was human error related to programming of the control system for the spillway gate at the Cleveland Dam," said Metro Vancouver Commissioner Jerry Dobrovolny. "Metro Vancouver takes responsibility for this mistake and our deepest sympathies go out to those affected by the tragic loss of life."

Full media release here.
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