Ottawa severs ties with Plasco as company files for creditor protection
Ottawa Citizen

By Joanne Chianello and Matthew Pearson, Ottawa Citizen, February 10, 2015

On the same day that city officials recommended that Ottawa end its relationship with Plasco Energy Group, the home-grown waste-management firm filed for creditor protection, resulting in the loss of 80 jobs and the end of an era for a company once considered a shining light in the local clean-tech industry. The city’s relationship with Plasco is “for all intents and purposes” done, Mayor Jim Watson said Tuesday after learning of the news. “While it’s regrettable the Plasco arrangement did not work out, the fact is we have to move forward and find other technologies other than burying garbage in a hole.” via Ottawa severs ties with Plasco as company files for creditor protection | Ottawa Citizen.

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