Melfort Chamber working to get out of debt and back on track
The Melfort Chamber of Commerce is hoping to get back on track following financial challenges within the organization.
The chamber held an information meeting Friday to update members and the public. The organization’s bank account was frozen by the Canada Revenue Agency last fall, and another was opened which currently has a balance of about $5,400, members heard. The Melfort Chamber of Commerce is currently about $40,000 in debt due to $36,000 in unremitted payroll expenses and another $4,000 in unpaid bills. The chamber’s long-time executive director, Nicole Gagne, resigned earlier this year.
“The information came to the chamber last fall, I believe, in November of 2017,” said Mel Annand, a local lawyer and business member of the chamber who spoke at the meeting. “At that point, it was a surprise to the board of directors, apparently, that there was an outstanding debt arising from unpaid employee deductions over the last couple of years.”
Annand said the financial issues date back years, and noted board members can be held personally liable for unpaid payroll deductions.