Ontario Association dissolves
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Board members of the Ontario Metis and Aboriginal Association have voted to disband because of the organization's crippling financial situation.
A series of bad business deals, including the purchase of a city hotel, lead to the Oct. 2 vote, said Ron Swain, president of the association.
"They incurred enormous deficits over the last few years," said Swain. "It was
not feasible to continue. We are $4.5 million in debt. If we get fair market value for our holdings and real estate, we'd still be $2.6 million in the hole."
