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Companies owed money by Ekati need to get paid: Kieron Testart - Yellowknifer
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Companies owed money by Ekati need to get paid: Kieron Testart - Yellowknifer
Range Lake MLA Kieron Testart thinks the GNWT hasn’t done enough to help those affected by the events at Ekati diamond mine. Arctic Canadian Diamond Company (ACDC), the mine’s owner, is currently under insolvency protection under what’s known as the Companies’ Creditors Arrangement Act (CCAA). That allows for businesses to come up with a plan to figure out finances so creditors can be paid, if they ever will be, and temporarily stops creditors f…
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