Clearford Water Systems
Embattled Ottawa cleantech firm said it intends to make a proposal to its creditors under the federal Bankruptcy and Insolvency Act after racking up an accumulated deficit of more than $90 million.
The Ottawa-based water solutions company said earlier this week the new loans are valued at US$1 million each and carry an interest rate of 9.75 per cent.
The firm said the new loans will help it manage its debt as it transitions to a full-service water solutions company.
Clearford Water Systems is restructuring some of its debt and taking on a new loan as the company shows progress in executing on a new business model
Clearford Water Systems’ transition to a full-service utility provider has begun to bear fruit as the Ottawa clean-tech company’s acquisitions boosted both its revenues and bottom line in
After racking up tens of millions of dollars in losses while it struggled to find a market niche, Ottawa cleantech firm Clearford Water Systems believes it’s finally tapped into the right formula t
Techopia’s annual tech-firms-to-watch list is about more than high-potential startups.
Kanata North’s business leaders say a new report that puts a dollar figure on the area’s economic impact should warrant a fresh look at infrastructure investment in the region.
Clearford Water Systems’ M&A strategy is yielding higher revenues for the Ottawa-based cleantech firm, according to its third-quarter results released this week.
The developer constructing the National Capital Region’s largest warehouse is turning to a Kanata clean-tech firm to install an onsite wastewater treatment plant at the 1.02-million-square-foot fac