After two years and no takers, Nova Scotia is poised to end its efforts to sell an idle wind turbine manufacturing plant in Pictou County, bringing to a close another failed government-backed industrial enterprise. "At $150,000 per month to keep the operation at status quo, we want this to happen, we want to find a viable operator. But the clock is ticking," Business Minister Geoff MacLellan said Thursday, after touring the mothballed DSME Trenton plant. Starting in 2010, Nova Scotia taxpayers pumped $56 million into the operation via provincial loans and grants before the government called a $32-million loan in February 2016, pushing the manufacturing plant into receivership. The receiver, PricewaterhouseCoopers, has had offers but a sale was never finalized.

Source: CBC News February 15, 2018 21:15 UTC