News 1. Teachers The Liberal government passed the third and final reading of Bill 75 yesterday afternoon. All 33 Liberal MLAs voted for the bill, and all 17 opposition MLAs voted against. Once proclaimed (no doubt this morning), a new contract will be imposed on the province’s teachers. As Michael Gorman reports for the CBC: […]
Unique Solutions is kaput and taxpayers have lost $5.6 million: Morning File, Wednesday, August 3, 2016
News Views Noticed Government On campus In the harbour Footnotes News 1. Unique Solutions is kaput The board of directors of MeID, which is the rebranded name for Unique Solutions Ltd, voted to cease operations yesterday, and all employees were given termination notices, effective immediately. The move came after secured creditors initiated foreclosure proceedings. Unique Solutions was […]
Dartmouth body scan company on the verge of going belly-up
Unique Solutions needs to raise $4 million in six weeks, and $10 million in all. If it can't, it will cease operations, and Nova Scotia Business Inc. will lose its entire $5.6 million investment.
Unique Solutions Design Ltd will cease operations if it doesn’t find $10 million in new investment. In fact, if the company doesn’t raise $4 million in the next six weeks, “assets will likely be liquidated to satisfy secured creditors and it is unlikely that there will be any residual value for shareholders.” That’s the bleak assessment of the...