On August 1, the provincial cabinet revoked tax breaks granted to two companies in the province under the Economic Development and Growth Enterprises (EDGE) program.
Order-in-Council 2013-218 states that cabinet took the decision “due to the companies not meeting a term or condition to which the incentives are subject.” The two companies are:
- Newlab Clinical Research Inc., and,
- Gander Aerospace Manufacturing.
The order in council doesn’t indicate what term or condition the companies failed to meet.