Calgary-based Swimco has gone bankrupt after 45 years in business. "Canada is a country built on family business, and with that drive and determination we will see bluer skies and greener seas in the future." In a June court filing,Swimco Group estimated it had $6.5 million in unsecured claims, including $1.6 million in landlord rent. The company's online store remains open, with all products marked 45 per cent off. Swimco started selling swimsuits through the mail in 1975, before opening its first store in Calgary in 1982.

Source: CBC News October 20, 2020 05:14 UTC