LATEST VIDEOS FROM CTV REGINA
Regina Food Bank may close its doors
Published Tuesday, September 27, 2011 12:53PM CST
The Regina Food Bank is appealing for community support after revealing that a legal dispute with its tenant has left the non-profit group on the verge of bankruptcy.
The lengthy dispute over rent and utility bills has reportedly cost the organization nearly half a million dollars. Regina Food Bank CEO Wayne Hellquist says the future is looking bleak.
He says the legal dispute with grocery wholesaler Independent's Choice Distribution has drained the organization financially and could force it to relocate, cut services or even close its doors.
"Every month, we receive some $8,000 less than we're invoicing Independent's Choice Distribution for their space at the food bank," Hellquist said at a news conference Tuesday.
"That accumulated loss is now over $500,000, which places us at tremendous risk of being able to continue to operate."