This week, Sydney-based Techlink Entertainment closed its doors and laid off 50-60 staff. This, despite an $8 million equity stake in the company purchased by taxpayer-funded Nova Scotia Business Inc. NSBI loaned Techlink an additional $6m just three years ago.
Also, as the completion date for Halifax’s new convention centre gets pushed back, independent downtown businesses are concerned for their future. Will the opening of the Nova Centre price local retailers out of the area?
And, Trade Centre Limited announced the Connecticut-based Centerplate company would be taking over the concessions trade at the $48 NSF Fee Centre, despite involvement in labour disputes at some of the other arenas and stadiums in which they work. Readers may recall that former Conterplate CEO Des Hague was infamously videotaped kicking a puppy in a Vancouver elevator.