By Tania Kohut
National Online Journalist
January 29, 2016
Thunder Bay, Ont., could see both its local TV stations sign off for the final time Sept. 1.
The stations are currently in the red and running on funds from life insurance policies, not revenue, Don Caron, vice president and general manager of Thunder Bay Electronics told a Canadian Radio-television and Telecommunications Commission (CTRC) panel in Gatineau, Que., Wednesday.
“The reason that we’re still in business and that we’re still operating is the fact that we unfortunately had a general manager and an owner who passed away in the last year and the company had fairly significant life policies on them,” Caron said.
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