Company offering boat tours of Niagara Falls struggles under $1.2B debt, bankruptcy protection

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WNews 1 Min Read

The company known for its boat tours that drench millions of tourists in the thick mist of Niagara Falls each year is navigating rough financial waters. 

Hornblower Group is under bankruptcy protection in the U.S., where it’s based, and in Ontario where it runs boat tours on the Canadian side of Niagara Falls, according to documents filed in the Superior Court of Justice last month. 

Hornblower also offers sightseeing cruises around Toronto Harbour and the Thousand Islands near Gananoque, Ont., as well as tours in Australia, the U.S. and major cities around the world. 

Bankruptcy protection is a temporary measure given to companies

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