update

Update to TLC Members from John Shields

Dear TLC Members, In the four months since my last update letter TLC has experienced further successes and setbacks within the Companies’ Creditors Arrangement Act (CCAA). While going through CCAA has not been easy, the Board of Directors and I see a light at the end of the tunnel. TLC has undergone a great many [...]

By Dianna Stenberg|2017-11-19T21:08:51-08:00September 4th, 2014|Board of Directors, Maltby Lake, Wildwood Ecoforest|Comments Off

FAQ’s from TLC’s Board of Directors

1. How are you dealing with the $1.2 million TLC owes in short term arrears? We have reduced operating costs to a third of past costs to ensure we aren’t adding to short term debt, and we are in discussions with employees, lenders and some suppliers to develop a plan to satisfactorily resolve their arrears. [...]

By Dianna Stenberg|2016-10-26T18:38:14-07:00November 22nd, 2012|Board of Directors|Comments Off