B.C. fruit group files for creditor protection after crop losses, ‘liquidity crisis’
- The B.C. Tree Fruits Cooperative is seeking creditor protection after suffering significant crop losses and a liquidity crisis.
- The cooperative's announcement highlighted stone fruit damage due to weather as "the final tipping point" for its financial troubles.
- On August 6, the Canadian Imperial Bank of Canada demanded repayment under the Bankruptcy and Insolvency Act regarding debts owed by the cooperative and its subsidiaries.
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Total News Sources0
Leaning Left11Leaning Right1Center2Last UpdatedBias Distribution79% Left
Bias Distribution
- 79% of the sources lean Left
79% Left
L 79%
14%
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