Canadian Musicians Employment Status Archive Monday July 26, 1999
Ray of hope for troubled Thunder Bay Symphony BOB STEELE - The Arts Report WINDSOR, Ont - There's a ray of hope for the troubled Thunder Bay Symphony orchestra. The orchestra is bankrupt and it's been trying to get its creditors to accept a debt re-structuring. However, the orchestra's major creditor, none other than Revenue Canada, has been standing tough. The orchestra has responded with a new plan and this time Revenue Canada says it will co-operate. So far, details of the new plan have not been released. The Thunder Bay Symphony's other creditors are arranging to vote on the new offer.
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