All language subtitles for Clairtone.2025.1080p.WEBRip.x264.AAC5.1-[YTS.BZ]

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♪ Fly me to the moon ♪

♪ Let me play among the stars ♪

♪ And let me see
what spring is like ♪

♪ On a-Jupiter and Mars ♪

♪ In other words ♪

♪ Hold my hand ♪

♪ In other words ♪

♪ Baby, kiss me ♪

♪ Fill my heart with song ♪

♪ And let me sing forevermore ♪

♪ You are all I long for ♪

♪ All I worship and adore ♪

♪ In other words ♪

♪ Please be true ♪

♪ In other words ♪

♪ I love you ♪

Clairtone was already history

by the time I was a child,

by the time I was old
enough to talk about

those kinds of
things to my father.

But for him, it loomed large.

It always loomed large,
right to the end of his life.

He would say, "Clairtone
was my first great love,

"and you never
forget your first love."

Newsreel narrator:
In the heart of Central Europe,

situated on both banks
of the Danube, is Budapest.

In 1896, the Hungarians,
led by Prince Árpád,

established their
government here.

The favorite promenade of
the Hungarians is the Corso.

Here at midday
and late afternoon,

the people of Budapest gather
to walk or sit at the many
cafes

and look out
at the lovely Danube.

Two blocks from the Corso

is the fashionable shopping
district, the Váci utca.

Nina: My dad was 16 when the
Germans marched into Hungary.

Knowing the worst was to come,

his grandfather managed to get
the family on the Kastner train,

a secret rescue operation

that saved 1,686 Hungarian Jews.

When the war was over,

there was no reason
to go back to Hungary.

There was nothing to go back to.

His father decided it was best
for him to leave Europe.

So, with help
from his uncle Nick,

who owned a machine tool
business in Toronto,

my dad managed to get a student
visa to come to Canada.

♪ Everywhere you go ♪

♪ Sunshine follows you ♪

♪ Everywhere you go ♪

At the University of Toronto,

he studied
electrical engineering,

where he was a determined
student and earned high marks.

Uncle Nick knew someone
over at Atlas Radio,

a company specializing
in high-fidelity equipment.

After he graduated,

Atlas hired my dad as their
chief electrical engineer.

Around that time,
he met my mother,

Linda Gutterson,
and they got married.

Crowd: Mazel tov!

Nina:
My dad was entrepreneurial.

And seeing his ambition,
his father-in-law,

my maternal grandfather,

told him to leave Atlas
and start his own business.

Man: Good afternoon,
Peter Monk Associates.

Nina: He borrowed $3,000
from his father-in-law

and $1,500 from his
father and Uncle Nick.

He hired a technician
and a cabinet maker,

and he started making
custom hi-fi systems

for affluent Torontonians.

That's how it all started.

In the mid-1950s,
the way people listened to music

was transformed by
a new audio technology,

which brought the richness
of the concert hall

into people's living rooms.

What you're going
to hear about today

is nothing short of a miracle.

It's dramatically new,

made possible only
through years of research

and innovation,

living stereo
played on a record.

And now,
it's available for everyone.

Stereo. Stereo. Stereo. Stereo.

Stereo.

♪ It's a most unusual day ♪

♪ Feel like throwing
my worries away ♪

♪ As an old native-born ♪

♪ Californian would say ♪

♪ It's a most unusual day ♪

Nina:
At Diana Sweets,

a student hangout
near the university,

my dad met David Gilmour.

I think he's cute.

They were total opposites.

David was from
a blue-blood Canadian family.

He was raised by a governess.
He played polo.

He wore
a signet ring on his pinky.

My dad?

My dad was an immigrant
with a Hungarian accent,

who'd arrived in Canada with
only the shirt on his back.

They hit it off.

David had no interest
in joining his father

in the stock brokerage business.

Instead, he began importing
modern Scandinavian furniture,

what was known as the New Look.

Commercial narrator:
From the heart of Scandinavia

comes a revolution in design
known as the New Look.

In Denmark,

craftsmen transformed
natural materials

into sleek,
functional furniture,

designed not just for use,
but for harmony with life.

Potters shape stoneware

that is both
delicate and durable,

perfect for the modern home.

Glass blowers shape molten
glass into elegant forms.

Artisans working in metal

produce a wide range
of everyday objects

that are modern and minimalist.

Form and function
work hand-in-hand,

making life simpler,
smarter, and more beautiful.

This is Scandinavian design,

the New Look - a timeless
vision for living well.

Nina: David and my dad decided
to try something together.

Inspired by a modern
Danish sideboard,

they made their first prototype.

It was a long, low,
oiled teak cabinet

outfitted with one
of my dad's hi-fi systems.

They put it in
the window at Sheila's--

a boutique in Yorkville
owned by David's sister.

It cost $700,

which was
a huge amount of money in 1958.

It sold right away.

My dad and David saw that people

would pay for high-quality
stereo equipment

in beautiful furniture.

So, they started
a company to do just that.

They called it Clairtone.

♪ You're walking
along the street ♪

♪ Or you're at a party ♪

♪ Or else you're alone ♪

♪ And then you suddenly dig ♪

♪ You're looking
in someone's eyes ♪

♪ You suddenly realize ♪

♪ That this could be the
start of something big ♪

Woman Shoppers,
Simpsons invites you

to enjoy our fine buffet
in the Arcadian Court,

level, ninth floor.

Simpsons is proud to announce

the arrival of fine
perfumes from Paris.

Nina: It was a long shot
for Simpsons to pick up

an unknown brand by
two Canadian nobodies,

especially since
Clairtone's stereo

cost twice as much
as the competition.

But, hey, it looked great,
it sounded great,

and the head of Simpsons
radio and TV department

agreed to give it a try.

Woman: "Stereophonic"?
What's that?

Man: I think it's a record
player, but with two speakers.

Woman: I like the way it looks.

Narrator: You've heard nothing
yet like Clairtone--

a Canadian-built,
Canadian-owned company,

exclusively at Simpson's
stores across Canada.

Nina: The salesman at Simpsons
reported that Clairtone's design

was especially
popular with women,

who saw it as a stylish
addition to their homes.

Within a few months, David
and my dad had orders to build

and deliver 82 stereos
to stores across Canada.

Man
The next demonstration

of the new
Clairtone stereo console

begin in
five minutes in Hall B.

Nina: My dad and David
brought their stereos

to an industry
trade show in New York,

and they quickly became
the talk of the event.

Their modern design and
innovative engineering stood out

from what the big American
companies were offering.

By the end of the weekend,
they had secured a deal

to distribute Clairtone stereos
in stores across the US.

Sales took off,

from $23,000 a month,
to $67,000 a month,

to $300,000 a month.

It was wild.
Even my dad was amazed.

Clairtone wasn't just a stereo.
It was a revolution in allure.

It was Canada's
most seductive export.

Newsreel narrator:
The people of Canada are using

their resources to
build a growing economy.

This is a nation of lumbering,

of fishing, of mining,

of farming,
and the manufacture

of agricultural machinery.

Today, Canadians are
looking to a bright future,

as they find new ways
to bring forth the riches

they draw from this great land.

Nina: The most fashionable

luxury brands
from around the world

were always displayed in the big
department stores of Manhattan.

For a Canadian
stereo to be featured

in the windows of
Bloomingdale's was unimaginable.

And yet, there it was.

My dad was seen
as a trailblazer,

and soon began
getting invitations

to speak to
Canadian business leaders

about Clairtone's rapid success.

Peter Munk actor:
Canada's success

depends on adopting
a bold new attitude,

free of inferiority, proud of
the "made in Canada" label,

and committed to innovation
and international trade.

By embracing this new attitude,

we can thrive as
a confident, competitive nation.

Thank you.

Nina:
Orders flooded it.

But the bigger Clairtone became,
the more money it needed.

Between the expanding payroll,
expensive components, rent,

and having to extend
credit to retailers

who never paid on time,
they were always short of cash.

To keep them going, David
took out a $20,000 mortgage

on the house he'd
inherited from his parents.

But that was just
a short-term fix.

One day, the tax department
demanded immediate payment

of $27,000 in overdue sales tax

or they'd force
the company into bankruptcy.

My dad and David were
already overdrawn at the bank.

They had borrowed against
every asset they had.

Their banker refused to
advance them another penny.

They had five hours
to come up with $27,000.

Somehow, though,
my dad was able to convince

a few of his biggest
retailers to make immediate

advance payments
on future deliveries.

The buyer at Simpsons,
for example,

who had been the first
to show confidence in them,

agreed to help.

But only if my dad could deliver
14 stereos by 3 p.m. that day.

He pulled it off.

Still, it was one
financial crisis after another.

They were growing faster than
ever, but barely staying afloat.

They needed to find
a long-term solution.

At a party, their accountant
was introduced to Irving Gould,

a financier who
assured them he could raise

a quarter of a million dollars
by selling a tiny part

of Clairtone on the
so-called "unlisted market".

Within a year,
shares had quadrupled in value.

At that moment, my dad and
David were millionaires...

at least on paper.

First thing my dad did
was pay back the $3,000

he'd borrowed
from his father-in-law.

Coming off
a record-breaking year

and excited about
their new product line,

David and my dad
turned their attention

to making Clairtone
a household name.

Newsreel narrator:
Ever wonder why advertising

is the key to business success?

Let's take a look.

Imagine you have
a great product,

but no one knows about it.

How can you make it visible?
The answer is advertising.

When your product is visible,

John and Jane Consumer
can see it,

and that means
more sales for you.

But how did John and Jane know

that Acme was
the best widget to buy?

Well, there's
newspaper advertising.

It's aimed at everyone.

But there's also
magazine advertising.

It's aimed at people
with special interests.

And on top of that,
there's radio advertising.

Radio DJ:
Acme widgets are darn good.

Newsreel narrator: It reaches
John as he's driving to work,

and Jane as she cooks
dinner or cleans the house.

Jane:
Which one should we buy, John?

John: Well, I've heard that
Acme widgets are darn good.

Jane:
Why did you hear that?

John:
Hmm, I'm not sure.

Yes, John isn't even
sure where he heard it.

All he knows is that Acme
widgets are, well, darn good.

So, why wait?

Invest in advertising today
and watch your business grow.

Nina: Dalton Camp, the ad man
and political strategist,

was hired to come up
with a brand-new

advertising campaign
for Clairtone.

Instead of focusing on technical
specs and sound quality,

Dalton Camp's ads
focused on David and my dad.

Understatement's always
been a virtue in Canada,

but the Clairtone Boys,
as they were known,

were anything but understated.

They were unapologetic showmen.

Dalton Camp also made the
most of negative or white space.

He used minimal text
and minimal color

to really emphasize the beauty
and modernity of a Clairtone,

to position it
as a status symbol.

When my dad asked
why they were paying

for all that white space,
Camp told him,

"It represents the missing note

"that can only
be heard on a Clairtone

"because the sound's so great."

My dad loved that line.

Another thing they did
is hire Hugh Spencer,

a genius designer from England.

The first thing Hugh did
was design a modern,

minimalist look
for the company.

Clairtone's advertising campaign
and image-building strategy

translated into
so much new business

that they moved
into a brand-new factory.

My dad said he had
to pinch himself

to make sure
he wasn't just dreaming.

News narrator: Today,
Clairtone Sound Corporation

moved out of
the unlisted market

and was officially listed on
the Toronto Stock Exchange.

In other news,
the Toronto Maple Leafs

have clinched the Stanley Cup
for the second year in a row.

Will this dynasty ever end?

From the very beginning,

Clairtone fused modern design
with the latest technology.

And in 1963,

they introduced the world's
first transistor-powered stereo.

The transition from hot
and bulky vacuum tubes

to solid-state
transistor components...

...which were far more efficient
and didn't need ventilation,

opened up a whole new world
of design possibilities.

Radio announcer: Clairtone
Sound Corporation Limited

brings you the world's first
tubeless stereo console.

The Clairtone Model T355

features the XB5 solid-state
transistor receiver,

all enclosed in
a beautiful walnut cabinet.

This revolutionary advancement
in sound technology

is only available
at select retailers

of premium stereo equipment.

Nina: Clairtone became known as
one of the most forward-thinking

electronics companies
in North America.

In the 1960s, the design
of things was changing--

music, clothing, everything.

♪ CHUM 1050 Toronto ♪

♪ The station that
keeps you in the know ♪

Radio DJ: Tonight's topic,
the new City Hall.

Seymour in North York,
go ahead, speak your mind.

Seymour: It's a disgrace.

Looks like some
kind of spaceship.

And with all the hot air
coming from the politicians,

it'll probably lift off.

Radio DJ: Interesting.

Dave in Yorkville,
speak your mind.

Dave: Groovy, man.
What's inside? Like a club?

It's City Hall, idiot.

Patrick in Corktown,
uh, speak your mind.

Patrick: Uh, I just wish they
hadn't torn down Jimmy's Diner.

Best corned beef
and cabbage in town.

Patrick, it's the 60s.
Something had to go.

Nina: Recognizing that
the times were changing,

my dad turned to Hugh Spencer
to design something far out.

Hughes' design had
a low-slung rosewood cabinet

that floated on a metal base,

and cantilevered at either end,

two rotating
black aluminum sound globes

that project at
340 degrees of sound.

It didn't look
like any other stereo.

It looked like
it came from outer space.

My dad and David launched the G

at the National
Furniture Show in Chicago.

And then, they personally
introduced it

to every major retail
executive in North America.

No one had seen anything
remotely like it before.

♪ On a wonderful
day like today ♪

♪ I defy any cloud
to appear in the sky ♪

They hired a product placement
agency in Hollywood.

Their first coup was getting
a Project G into a major movie:

Marriage on the Rocks,

starring Frank Sinatra
and Dean Martin.

Open fireplace with a real fire.

Just the right kind of music.

Bar not too far from the action.

Other films quickly followed.

'L' is for

♪ The way you look at me ♪

♪ 'O' is for ♪

♪ The only one I see ♪

And then, Clairtone
sought and got endorsements

from some very
enthusiastic celebrities.

♪ Extraordinary ♪

♪ 'E' is even
more than anyone... ♪

Oscar Peterson said
his music sounded as good

on a Project G as it did live.

♪ ...is all that
I can give to you ♪

♪ Love is all... ♪

Sinatra liked
the Project G so much,

he ordered a half dozen
for his Rat Pack friends.

♪ Two in love can make it

♪ Take my heart ♪

♪ And please don't break it ♪

♪ Love was made for me ♪

Hugh Hefner bought one
for the Playboy Mansion

to play at all his parties.

♪ Oh, no ♪

Announcer: Congratulations
on the purchase

of your new Clairtone
console stereo system.

We thought you might
like to hold a party

for your new Clairtone,

so we've enclosed everything
you need to get started.

Cue the music, dim the lights,
and let the good times spin.

♪ He don't act like he knows ♪

♪ She belongs to me ♪

♪ Yeah ♪

♪ Now, look at how they wobble ♪

♪ Uh-huh ♪

♪ He's the best in town ♪

♪ Oh, yeah ♪

♪ I think I'm in trouble ♪

♪ Oh, no ♪

♪ She forgets that I'm around ♪

♪ Yeah, yeah, yeah, yeah ♪

Promotional narrator:
We here at Clairtone

want to congratulate you,

our dealers
across North America,

for your record-breaking sales

of Clairtone's award-winning
Project G stereos.

Now, for 1966's modern
consumer,

we present the lower,
sleeker G2 series,

with removable speaker globes

that can be
positioned anywhere.

And for the
space-conscious consumer,

there's the G3,
our smallest console yet,

perfect for
the go-go generation,

as they prepare for their
Saturday night dance parties.

♪ The more I see you ♪

♪ The more I want you ♪

♪ Somehow this feeling ♪

♪ Just grows and grows ♪

♪ With every sigh ♪

♪ I become more mad about you ♪

♪ More lost without you ♪

♪ And so it goes ♪

♪ La la la la ♪

♪ La la la la ♪

♪ La la la la ♪

Nina: But the bigger
Clairtone became,

the more money it needed.

Most of the cash flow was
going to pay outside suppliers

who had to be paid in advance.

But the income from sales didn't
arrive until months later.

It was an impossible situation.

Determined as always,
David and my dad decided

the solution was
to become even bigger,

to become an industrial giant,
like a Zenith or an RCA Victor.

To do that,
they needed an enormous factory,

big enough to bring every part

of the manufacturing
process under one roof--

the cabinets,
the electronics, everything.

There was only one problem:

if Clairtone could barely
fund its day-to-day operations,

what were
the chances of financing

a multimillion-dollar factory?

♪ Out of the tree of life ♪

♪ I just picked me a plum ♪

At a crossroads,
David and my dad

were determined to find money
to build a new factory.

Then, out of nowhere,
an opportunity came their way.

♪ The best is yet to come way ♪

Newsreel narrator:
Not too long ago,

Nova Scotia looked to its
primary industries--

fishing, forestry,
farming, and mining--

as the most important
factors in its economy.

But something new
has been happening

in this province by the sea.

Manufacturing has become
the largest single industry.

Money is being placed
in new projects by the province

through Industrial Estates Limited.

Industrial Estates Limited

operates like a private
industrial development company.

If a company wishes to build
a new manufacturing plant

in Nova Scotia,

IEL will finance the
construction of the building,

attracting the
industries of tomorrow,

and ensuring economic progress

for the working men
and women of Nova Scotia.

Nina: To attract new industries
and jobs to the province,

Robert Stanfield,
the Premier of Nova Scotia,

set up an ambitious development
agency they called IEL.

To run it, he hired Frank Sobey,
a respected business leader

who shared Stanfield's vision
for Nova Scotia's future.

Stanfield and Sobey
knew that landing

an innovative
company like Clairtone

would be a shot in the arm
for the entire province.

So, they offered
my dad a sweetheart deal.

Nova Scotia would build
Clairtone a new factory,

if they'd move their entire
operation from Toronto

to the depressed
backwater of Pictou County.

It was too good
an offer to turn down.

Mr. Munk, why did your
company select Nova Scotia?

Because we felt that the
industrial and economic climate

was just right for a growing
company in our industry,

because we felt that
the people of Nova Scotia

seemed to have a
steeped in tradition

of integrity, craftsmanship.

The people are artisans who
appreciate the quality

which are inherent
in our products.

And because of the
geographical location,

which is so
favorable in our case

because most of our
output is being shipped

to the Eastern Seaboard
of the United States.

♪ There's a place
I'll always cherish ♪

♪ 'Neath the blue Atlantic sky ♪

♪ Where the shores
down in Cape Breton ♪

♪ Bids the golden sun to rise ♪

♪ And the fragrance
of the apple blossoms ♪

♪ Sprays the dew-kissed lawns ♪

♪ Back in dear old Nova Scotia ♪

♪ The place where I was born ♪

Peter Munk:
Premier Stanfield, Mr. Sobey,

let me offer a pledge.

We shall not let you down.

We shall be in the forefront

of your industrial revolution.
We shall be in the vanguard

of the change, a change
which will put this region

into the economic mainstream

of Canada's total economic
and industrial revolution.

Nina: The Stellarton factory
stretched out over seven acres.

It was so big, you couldn't
see from one end to the other.

The equipment was
state-of-the-art,

with the latest technology
imported from Germany.

It employed 1,200 workers.

60% of them were women
who'd been specially trained.

In a town that had once been
dependent on the coal industry,

the Clairtone factory brought
Stellarton back to life.

Oh, something else,
my dad persuaded Stanfield

to let him use a million dollars
of the government's money

to bring Japanese car
manufacturing to Nova Scotia.

What do cars have to do
with stereo manufacturing?

Not a whole lot.

But because my dad's eyes
were always on the future,

he got involved with a group

that managed to secure
an exclusive license

to assemble and sell
Toyota cars in Canada,

and he wrapped it all
into the Clairtone deal.

Man: I'm proud to
announce the formation

of Canadian Motor
Industries Limited,

and we want to thank the
government of Nova Scotia

and the Clairtone Company
for their investment.

Like Clairtone, we are
determined to be a key factor

in Nova Scotia's
industrial resurgence.

When Premier Stanfield
approached me

with the idea of
expanding the automotive...

Nina: With their control of CMI,

Clairtone was about to
become an industrial giant.

Announcer: The following
is a color presentation.

Nina: By the mid-60s, color
television was being introduced,

and everyone was convinced

it was going to be
the next big thing.

Newsreel narrator: Imagine
a world where every moment

bursts to life
in brilliant, vivid color.

Your favorite programs are now
more lifelike than ever before.

The ordinary becomes
extraordinary in...

living colour.

Nina: Knowing it would
create even more jobs,

Stanfield and Sobey offered
Clairtone an additional

$3 million if it committed to
manufacturing color televisions.

So, with the enthusiastic
backing of the government,

Clairtone jumped headlong
into the color TV business.

My dad hired designer Tony Mann
to come up with a television

that matched
Clairtone's aesthetic.

Tony's design featured
a premium 25-inch picture tube

set in a modular chassis,

all encased in
beautiful Brazilian rosewood

and luxurious black leather.

It sat on a unique
aluminum swivel base

and came with
a snappy remote control.

Radio DJ:
Good morning, Pictou County.

The sun is shining,
the birds are singing,

and it's shaping up
to be another gorgeous day

in our own
little slice of paradise.

Here's the Maritime's
own Caty McKinnon

to tell us what
kind of morning she's having.

♪ It's a beautiful morning ♪

♪ I think I'll go
outside for a while ♪

♪ And just smile ♪

♪ Take in some clean
fresh air, boy ♪

♪ No fun in staying inside ♪

♪ If the weather's fine ♪

♪ And you got the time ♪

♪ It's your chance to wake up ♪

♪ And plan another
brand new day ♪

♪ It's a beautiful morning ♪

♪ Ahh... ♪

♪ Each bird keeps
singin' his own song ♪

♪ So long ♪

Commercial narrator:
The finest color TV you can buy

is a Clairtone.

These two men
insist on factory testing

every Clairtone for one week,

so they can guarantee
the performance.

Peter Monk, president and
director of engineering.

David Gilmour,
executive vice president,

director of styling
and merchandising.

Look into Clairtone color soon.

Smart people won't
settle for anything less.

♪ Would you like to ride ♪

♪ In my beautiful balloon? ♪

♪ Would you like to glide ♪

♪ In my beautiful balloon? ♪

♪ We could float among
the stars together ♪

♪ You and I ♪

♪ For we can float,
for we can float! ♪

Nina: Expo '67 showcased
the boldest designs

from every country in the world,

and Clairtone's G-Series

was selected
as the official television.

♪ Balloon ♪

With the G-TV's high-profile
promotional campaign,

my dad was certain that
sales would take off and soar.

But by the fall of 1967,

it was evident that something
was amiss in the marketplace.

The booming sales of colour TVs

that the industry had geared up
for just wasn't happening.

On top of that,
Japanese companies

started flooding the market
with low-cost stereo components.

Announcer: It's Psycho Mike's
sickest stereo sale ever!

We've got Sony,
Sensui, Hitachi, Hibachi,

Yamaha, Omaha, Kenwood,
Flywood, and Pioner!

Pioner! Pioner! Pioner!

Every speaker, every amp, every
preamp, receiver, tape deck

on sale at 10, 20, 30% off!

I can't believe I'm doing this!

I must be psycho!
I am psycho! I'm Psycho Mike!

Nina:
To make matters even worse,

it turns out Clairtone had
built that big modern factory

in a place totally
unsuited for manufacturing.

The inexperienced
workforce had a hard time

transitioning to the demands
of a modern assembly plant.

And there were other problems.

The road to Stellarton was
so bad that Clairtone stereos

and TVs got damaged
on the way to Halifax.

And because the
factory was so remote,

it took forever to get parts,

which caused endless
production delays.

Inventory went missing.

Union issues threatened
to shut down the plant.

Cost control was impossible.

As the problems compounded,
my dad and David,

in a panic,
tried to raise more capital.

But nobody was interested.

They tried to raise money

through a merger with the
Singer Sewing Machine Company.

But that deal fell through.

And their plans to
build Japanese cars?

That was years away
from generating any income.

Robert Stanfield,
their biggest supporter,

was no help.

He'd left Nova Scotia
to run for leadership

of the federal
Conservative Party.

Party member: The result of the
fifth and final ballot...

And the new leader

of the Progressive
Conservative Party...

Bob Stanfield!

Order.

Order!

Nina: Clairton was
definitely the last thing

on Bob Stanfield's mind.

To save the company
from going under,

Frank Sobey
offered my dad a deal.

Nova Scotia's development agency

would advance another
two million dollars,

but only on the condition
that my father and David

surrender control
of the company.

My dad and David
were forced to step down.

The Nova Scotia
government took over.

It was devastating.

News anchor:
Uh, this just handed to me,

this morning, Frank Sobey of
Industrial Estates Limited

announced the surprise
resignation of Peter Monk

and David Gilmore
from the senior management

of the Clairtone
Sound Corporation,

Pictou County's
largest employer.

No indication was given

as to who might be
chosen to replace them.

Nina: The Nova Scotia government
hired a new CEO for Clairtone.

Mangels was his name.

He came from Olin Corporation, a
big American chemical company.

Mangels believed
the way to turn things around

was to go high volume
and low cost.

Clairtone started
pumping out mass-market stereos

and cheap little radios.

It was a complete 180.

From sophisticated technology
and elegant design

to... disposable junk.

Customers who loved
Clairtone for its high quality

and sophisticated style
were not only confused,

they were aghast.

Mangels only lasted a year,
but in that time,

he destroyed everything that
David and my father had created.

My dad retreated to
a small cottage in Georgian Bay

to reflect and try to understand
what went wrong.

My parents were forced
to sell their house

and move into
a rental apartment.

My father's friends disappeared,

the speaking
engagements stopped,

and he began to wonder
if it had all just been a fluke.

That's when I was born.

Reporter:
This new Clairtone plalant

opened at Stellarton in 1966.

It was a showpiece of its time.

But even as the plant opened,
Clairtone was in trouble.

Barely a year later,

IEL took it over
for the province,

and by 1970, it was closed.

A thousand jobs gone,
a dream ended.

What went wrong?

What went
wrong?

What went wrong was
that I forgot my script.

♪ The sun was setting ♪

♪ In the west ♪

♪ The birds were singing ♪

♪ On every tree ♪

News anchor: In an effort
to cut their losses,

Clairtone will have to sell off

approximately 5,000
unsold color televisions

currently sitting
in their warehouse.

This may prove difficult,
especially since Simpsons

and Eaton's department
stores announced today

that they would no longer carry
the Clairtone product line.

♪ .Nova Scotia,
the sea bound coast ♪

♪ Let your mountains ♪

♪ Dark and dreary be ♪

♪ For when I am far away... ♪

It wasn't very long
after you took charge

that things began to go sour.

I don't like
the way you put that.

You sound as though
you were suggesting

that I was to
blame for it going sour.

I think it is true,
however, that, in '67,

the good picture
that had been projected

began to look not so good.

Reporter: Clairtone's
annual report issued today

indicated that losses from all
manufactured products

were much greater
than anticipated.

♪ Farewell to Nova Scotia ♪

Clairtone has had much worse
troubles and much greater losses

after the government took over
control rather than before.

TV reporter:
Following the suspension

of Clairtone's lines of credit,

new Clairtone boss
G.A. McDonald announced today

that all unsold inventory would
be liquidated immediately.

Reporter: Trading in Clairtone
shares was suspended today,

as the company was delisted
from the Toronto Stock Exchange.

From a peak of over $15,

the value of a share had
fallen to less than 30 cents.

Reporter #2: It was a dark day
at the Clairtone factory,

as employees left after punching
out for the final time.

Some spoke of looking
for work in Ontario,

but many will wake up tomorrow

with no jobs and no prospect
of future employment.

♪ Let your mountains ♪

♪ Dark and dreary be ♪

♪ For when I am far away ♪

♪ On the briny ocean tossed ♪

♪ Will you ever heave a sigh ♪

♪ And a wish for me? ♪

♪ Will you ever heave a sigh ♪

♪ And a wish for me? ♪

Nina: After selling off
Clairtone's assets

and the Stellarton factory,

the government of Nova Scotia
had lost over $23 million.

Man: Okay.

Reporter: Looking back,

what would you say was
so special about Clairtone?

It was the best
product at that time,

and it was a great amount of
satisfaction and thrill

to see a product totally
designed and made in Canada,

in a country that
suffered traditionally

from an inferiority complex

vis-a-vis their American
and European counterparts,

to be able to design something,
conceive it, design it,

both from an
exterior point of view,

as well as from an
engineering point of view,

which against
any price competition

stood up internationally
as the best product.

When people like
Frank Sinatra, or Hugh Hefner,

or the Beatles
had bought a Clairtone,

it was not because
they had Canadian nationalism

or because somebody said,
"Buy Canadian,"

it was bought because it was
the best product available

at any price.

Nina: But my dad's story
didn't end with Clairtone.

♪ I've got an island
in the Pacific ♪

♪ And everything
about it is terrific ♪

♪ I've got the sun to tan me ♪

♪ Palms to fan me ♪

♪ And... ♪

♪ An occasional man ♪

♪ I've got an island,
it's very lazy ♪

♪ If I should ever leave it,
I'd be crazy ♪

Back in 1962,
when they'd had some money,

David and my dad bought two
parcels of beachfront land

in Fiji, on a whim,
sight unseen.

Turning their attention

to this last thing
they owned together,

they got financing
to build a luxury resort,

and within a few years,

they'd expanded it
into a chain of hotels

and resorts across
the South Pacific...

which they sold in 1980.

With their profits,
David and my dad

then started a commercial
real estate company...

Which they sold in 2006.

And they also founded one of the
biggest gold mining companies

in the world, Barrick Gold.

My dad never forgot

that Canada took him in
when he had nothing,

and he felt
he owed Canada a debt.

As soon as he could,

he began to donate
hundreds of millions of dollars

to support health care,
education, and public policy.

My dad died in March of 2018
at the age of 90.

David Gilmour died
five years later at 91.

From the day they met
until the day my dad died,

he and David remained
the closest of friends.

♪ That's life ♪

♪ That's
life ♪

♪ That's what
all the people say ♪

♪ You're riding high in April ♪

♪ Shot down in May ♪

♪ But I know I'm gonna change

♪ That tune ♪

♪ When I'm back on top ♪

♪ Back on top in June ♪

♪ I said that's life ♪

♪ That's life ♪

♪ And as funny as it may seem ♪

♪ Some people get their kicks ♪

♪ Stomping on a dream ♪

♪ But I don't let it,
let it get me down ♪

♪ 'Cause this fine old world ♪

♪ It keeps spinnin' around ♪

♪ I've been a puppet,
a pauper, a pirate, a poet ♪

♪ A pawn and a king ♪

♪ I've been up and
down and over and out ♪

♪ And I know one thing ♪

♪ Each time I find myself ♪

♪ Flat on my face ♪

♪ I pick myself up and get ♪

♪ Back in the race ♪

♪ That's life ♪

♪ That's
life ♪

♪ I tell you, I can't deny it ♪

♪ I thought of quitting, baby ♪

♪ But my heart
just ain't gonna buy it ♪

♪ And if I didn't think
it was worth one single try ♪

♪ I'd jump right on a big bird ♪

♪ And then I'd fly ♪

♪ I've been a puppet,
a pauper, a pirate, a poet ♪

♪ A pawn and a king ♪

♪ I've been up and down
and over and out ♪

♪ And I know one thing ♪

♪ Each time
I find myself layin' ♪

♪ Flat on my face ♪

♪ I just pick
myself up and get ♪

♪ Back in the race ♪

♪ That's life

♪ That's life
and I can't deny it ♪

♪ Many times
I thought of cutting out ♪

♪ But my heart won't buy it ♪

♪ But if there's
nothing shaking ♪

♪ Come this here July ♪

♪ I'm gonna roll myself up ♪

♪ In a big ball ♪

♪ And...

♪ Die ♪

♪ My, my... ♪

♪ The sun was setting ♪

♪ In the West ♪

♪ The birds were singing ♪

♪ On every tree ♪

♪ All nature seemed ♪

♪ Inclined for to rest ♪

♪ But still there was ♪

♪ No rest for me ♪

♪ Farewell to Nova Scotia ♪

♪ The sea-bound coast ♪

♪ Let your mountains ♪

♪ Dark and dreary be ♪

♪ For when I'm far away ♪

♪ On the briny ocean tossed ♪

♪ Will you ever heave a sigh ♪

♪ And a wish for me? ♪

♪ I grieve to leave ♪

♪ My native land ♪

♪ I grieve to leave ♪

♪ My comrades all ♪

♪ And my parents ♪

♪ Who I held so dear ♪

♪ And the bonnie, bonnie lad ♪

♪ That I do adore ♪

♪ Farewell to Nova Scotia ♪

♪ The sea-bound coast ♪

♪ Let your mountains ♪

♪ Dark and dreary be ♪

♪ For when I'm far away ♪

♪ On the briny ocean tossed ♪

♪ Will you ever heave a sigh ♪

♪ And a wish for me? ♪

♪ Will you ever heave a sigh ♪

♪ And a wish for me? ♪