Bluenose II Assets Still Not Given To Province

 

Nova Scotia's heritage minister is frustrated over the situation brewing over the assets of the province’s iconic sailing ambassador. After seven years, the Bluenose II Preservation Trust Society has still not handed over all of the schooners assets to the province. Senator Wilfred Moore is head of the society and announced earlier this month they had handed over half of its $1.4 million in assets. However, Leonard Preyra says that's not the case and the province is still waiting for full disclosure of financial records.



Under an agreement with the province the society maintained and operated Bluenose II from 1994 until 2005. The "Company Store" in Lunenburg - which closed earlier this month - is considered their main asset.