I have lost $200,000, plus a couple of hundred thousand dollars in equity," he said. "If I carry on any longer, I'll have to start mortgaging land. Government programs aimed at providing assistance have missed the mark, [Kerry Arksey] said, adding that the final straw was a feed assistance measure last year that paid him only half of what was promised. "I spent $9,000 on feed. I should have been entitled to $7,000 or $8,000. They sent me a cheque for $3,900," he said. Sheila Mowat, general manager of the Manitoba Cattle Producers Association, said Arksey's situation is far from unique. The association doesn't keep statistics on the number of producers who have left the industry in recent years, but estimates that the number of cattle herd liquidation sales has doubled over the past tw...
Heartland has also begun acquiring trailer contents in accidents. It's mostly groceries, not including perishables, which the colony then retails in a small store on the colony. Local non-Hutterites buy the goods. They must ring a buzzer outside on a poorly marked store to summon an attendant. "They're like liquidation sales," said [Paul Hofer]. Like every other industry in Manitoba, Heartland's industries are looking for labourers. Only three people work in the truck shop now. "We farm a lot out because we don't have the manpower," said Paul. That means Heartland's supply of employees is still growing. "We've got 30 or 40 boys coming up (under age 15) who will be in the labour force in a few years," Paul said. Youth would start on a part-time basis until they finish school.
Arksey said federal and provincial governments have failed to help cattle producers, who have been reeling financially ever since the BSE infection crisis in 2003, when the U.S. closed its borders to Canadian beef.
... that the number of cattle herd liquidation sales has doubled over the past two years. Most of...
...Initiating insolvency or liquidation proceedings;. Sales of a business unit beyond a ce...
My colleagues in Alberta have been teasing me, that I am making them look bad because sales are down at their properties," she said. "But that's the way it goes in Manitoba. When they were up 10 or 15 per cent we were in the lower single digits. "January is always the time for stepping back and looking at ways to economize," [Edward Kennedy] said. "This year it was compounded by more bad news on the economy, which is now starting to wash ashore in Manitoba." "In Alberta there has been a real wake-up call," Kennedy said. "Times are a lot tougher now. They are starting to see that maybe this is not a short-term passing downturn."
... through the cluttered aisles of the Liquidation World he manages on Wellington Avenue. He knows th...
... fails, the BIA scheme of liquidation and distribution necessarily provides the backdrop... $5 million, the proceeds of redundant asset sales, to Century Services, the debtor's major secured c...
At a "very depressing" farm meeting last week in Pipestone, south of Virden, attended by federal Liberal agriculture critic Wayne Easter, Rolfe said cattle producers appeared to be "at the end of their tether. They just didn't know which way to turn. If the (livestock) industry is going to have to downsize... then the economic growth and the spinoff that's associated with... ( it) is going to disappear with it. And that would just be a disaster for rural Manitoba," Rolfe said. "It's been extremely rewarding work," Rolfe said of his years as a farm leader. "It's been very frustrating at times, too, dealing with politicians and the glacial pace in which government takes in dealing with issues."
... there's going to be an awful lot of liquidation sales, which are only going to make the situation ...
... what remained was left behind for liquidation. . Somewhat surprisingly, given both debtors' cons...
... liquidation sales may reflect poorly on the property in which....
WINNIPEG - The Saan Store name is about to officially enter the history books, but its concept of servicing small town Canada will continue on with the latest owners. "The way we bring value to customers is with a combination of everyday low prices on everyday products as well we scour the market across North America for end of line products and we are able to provide some brand names products at dramatically lower prices than is typical in the market," Roellinghoff said.
...Liquidation sales have been on-going at Saan stores since June...
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