You hit the nail on the head with your article. Back when I was a footloose lad, I use to regularly attend the MEC AGM and it was such a great community event. You felt you were part of something. I've watched the slow motion train wreck and knew things were not right: the rapid expansion into markets and goods that didn't make sense, going into debt to finance newer, bigger and fancier stores and a massive head office building. The locking down of who can get on the board because we need "business experts" on the board. (How did that work out?)
I'm super frustrated by it all but I guess I can't complain since I didn't do much other than try to still vote for the limited candidates that were available.
I don't know that there really is much hope but a group has been started to save MEC and they will be in court again today to try and get some breathing room to work out an alternate deal. Apparently RBC is the major creditor (or at least the one with the debt coming due right now) so if anyone wants to write an email to them that is what the group is currently asking. More details here:
[https://www.change.org/p/members-of-mec-anyone-who-has-purchased-anything-from-mec-save-mec/u/27802908?cs\_tk=AuHlQQu95bjqQp15dl8AAXicyyvNyQEABF8BvAOhGs3P00Al8DIEKcfhNa0%3D&utm\_campaign=e4d3fe971d7d4cea83f7b377664ae171&utm\_content=initial\_v0\_4\_0&utm\_medium=email&utm\_source=petition\_update&utm\_term=cs](https://www.change.org/p/members-of-mec-anyone-who-has-purchased-anything-from-mec-save-mec/u/27802908?cs_tk=AuHlQQu95bjqQp15dl8AAXicyyvNyQEABF8BvAOhGs3P00Al8DIEKcfhNa0%3D&utm_campaign=e4d3fe971d7d4cea83f7b377664ae171&utm_content=initial_v0_4_0&utm_medium=email&utm_source=petition_update&utm_term=cs)
(Sorry for the long text in the link, I couldn't get figure out how to get the link function to work properly.)
Sept. 29, 2020, 7:20 a.m. - Brad_xyz
You hit the nail on the head with your article. Back when I was a footloose lad, I use to regularly attend the MEC AGM and it was such a great community event. You felt you were part of something. I've watched the slow motion train wreck and knew things were not right: the rapid expansion into markets and goods that didn't make sense, going into debt to finance newer, bigger and fancier stores and a massive head office building. The locking down of who can get on the board because we need "business experts" on the board. (How did that work out?) I'm super frustrated by it all but I guess I can't complain since I didn't do much other than try to still vote for the limited candidates that were available. I don't know that there really is much hope but a group has been started to save MEC and they will be in court again today to try and get some breathing room to work out an alternate deal. Apparently RBC is the major creditor (or at least the one with the debt coming due right now) so if anyone wants to write an email to them that is what the group is currently asking. More details here: [https://www.change.org/p/members-of-mec-anyone-who-has-purchased-anything-from-mec-save-mec/u/27802908?cs\_tk=AuHlQQu95bjqQp15dl8AAXicyyvNyQEABF8BvAOhGs3P00Al8DIEKcfhNa0%3D&utm\_campaign=e4d3fe971d7d4cea83f7b377664ae171&utm\_content=initial\_v0\_4\_0&utm\_medium=email&utm\_source=petition\_update&utm\_term=cs](https://www.change.org/p/members-of-mec-anyone-who-has-purchased-anything-from-mec-save-mec/u/27802908?cs_tk=AuHlQQu95bjqQp15dl8AAXicyyvNyQEABF8BvAOhGs3P00Al8DIEKcfhNa0%3D&utm_campaign=e4d3fe971d7d4cea83f7b377664ae171&utm_content=initial_v0_4_0&utm_medium=email&utm_source=petition_update&utm_term=cs) (Sorry for the long text in the link, I couldn't get figure out how to get the link function to work properly.)