MLA suggests interest-free loans for Ekati’s creditors
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Article Excerpt
MLA suggests interest-free loans for Ekati’s creditors Kai Wilson·Thursday May 28, 2026 at 8:48am MT Kieron Testart. Ollie Williams/Cabin Radio Share A Yellowknife MLA has asked the territory’s industry minister to provide a zero-percent interest loan to NWT businesses owed money from Arctic Canadian Diamond Company or ACDC. In the Legislative Assembly on Monday, Range Lake MLA Kieron Testart argued the proposed zero-percent interest loan would help businesses “secure their cash flows, which would prevent further layoffs until there is a resolution of these court proceedings.” ACDC, the Burgun…
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May 29, 2026