Home » Newswire » N.W.T. gov’t sold 10 barges without advertising they were for sale – CBC
N.W.T. gov’t sold 10 barges without advertising they were for sale – CBC
by ahnationtalk onJuly 12, 201974 Views
Territorial government says it couldn’t find policy stating the sale of surplus goods must be advertised
Jul 12, 2019
The Northwest Territories government quietly sold off 10 barges it had purchased from the bankrupt Northern Transportation Company Limited without advertising they were for sale.
The government’s newly-formed Marine Transportation Service sold the barges in 2017 and 2018. The Department of Infrastructure said it was not necessary to advertise the availability of the barges because many people were already aware they were potentially for sale.
“NTCL’s (Northern Transportation Company Limited’s) bankruptcy in 2016 received meaningful coverage in the commercial marine shipping industry,” said the department in an email. “It is not unusual for a business owner to closely examine the resources of a newly purchased entity, or for other commercial enterprises to show interest in purchasing a portion of the assets of a previous operation.”