for the stereos, a task that at the old plant in Rexdale, Ontario, could be organized in a single day, took several weeks. As for the manufacturing process itself, Clairtone's inexperienced management team was over its head, and sinking: inventory went missing; unidentified parts accumulated on the factory floor; the assembly line seldom if ever ran at full speed or full capacity." By March 1970, Clairtone was sold to the Government of Nova Scotia and came under new management. At this time it began to offer cheaper products including the world's smallest transistor radio, the "Mini Hi-Fi". The company hemorrhaged money to the amount of $19 million that year, losses that were absorbed by the province. Clairtone's stock was de-listed from the Toronto Stock Exchange in 1971, and the company finally closed in 1972. The assets were sold but the company was not officially dissolved until 1979. Over the period of its investment the Government of Nova Scotia lost approximately $25 million, considerably more in today's money. Notes Further reading Roy E. George, The Life and Times of Industrial Estates Limited, Halifax: Henson College, Dalhousie University, 1974. (IEL was the company crown agency that attracted Clairtone to Nova Scotia and later took over the company.) Garth Hopkins, Clairtone: The Rise and Fall of a Business Empire, Toronto: McClelland & Stewart, 1978. Nina Munk and Rachel Gotlieb, The Art of Clairtone: The Making of a Design Icon, 1958-1971, McClelland & Stewart, May 2008. The Clairtone Sound Corporation Fonds is an extensive archive of photographs, technical drawings and graphical material deposited by Clairtone at Nova Scotia Archives and Records Management, Halifax, Nova Scotia. There is also a small archive of Clairtone ephemera (catalogues and brochures) as well as a G2 console at the Design Exchange (DX) Resource Centre in Toronto. External links Clairtone Sound Corporation Fonds at Nova Scotia Archives Clairtone Catalogue on Flickr 1967 TV commercial, starring Clairtone's founders, Peter Munk and David Gilmour, with footage from the factory in Stellarton, NS. YouTube. "New York"—1967 TV commercial for Clairtone's G-TV, shot in New York City by Frank Spiess and was produced by Young & Rubicam. Clairtone Collection: Clairtone Collection Website created by Daniel Leblanc and DC Hillier showcasing their extensive Clairtone collection. YouTube: 2008 CBC News Feature Canadian Broadcasting Corporation (CBC) news feature about Clairtone. Companies based in Nova Scotia Consumer electronics Defunct manufacturing companies of Canada Furniture companies of Canada