Atlantic Theatre Alive For Another Season

“Officials with the Atlantic Theatre Festival, a premiere classical theatre venue in Wolfville, Nova Scotia, announced Tuesday that they have secured the financing they need to go ahead with its 10th anniversary season… Earlier this month, the festival had announced it was $300,000 in debt. While some creditors had agreed to a restructured payment plan of the $150,000 owed to them, others did not. Also, the Wolfville town council voted against a motion to guarantee a loan for the festival to repay its creditors. The ATF board had set a goal to stabilize its finances before beginning its new season and announced that if it couldn’t find the funds, it would cancel the festival.”

Source: CBC News - 01/21/04