Fri. Feb 23rd, 2024

The Government of N.-É . will not help Maritime Fuels customers after bankruptcy

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Maritime Fuels declared bankruptcy last week .

The Canadian Press

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The Prime Minister of the New -Scotland has announced that its government will not offer help to customers who find themselves in the lurch after the company to which they had paid in advance for fuel oil filed for bankruptcy last week.

Tim Houston says the province doesn't want to provide a safety net for Halifax-based Maritime Fuels and doesn't want to set a precedent.

Maritime Fuels owes $2.5 million in prepayments to its customers in Nova Scotia and New Brunswick, according to documents posted on the website of licensed insolvency trustee PwC Canada.

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Tim Houston, Premier of Nova Scotia.

< p class="StyledBodyHtmlParagraph-sc-48221190-4 hnvfyV">Tim Houston suggests that some assistance is available for those eligible for the provincial home heating assistance program.

This one offers a $600 rebate to individuals who make $55,000 or less and families who make $75,000 or less.

The Liberals and NDP say the government should increase income thresholds to help people affected by the oil company's bankruptcy.

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