Multi-purpose school in works

SPRUCE GROVE – The Parkland School Division school board trustees have officially made a request to the Government of Alberta for a new Kindergarten to Grade 9 School in Spruce Grove.

This comes after both Spruce Grove Council and Parkland School Division lobbied with the provincial government due to problems with over capacity at local schools.

“Our board has undertaken a very extensive system review in community engagement. We’ve worked hard to know the schools we need in Spruce Grove and what the plans are for the future,” said Parkland School Division Superintendent Tim Monds.

Read more:  http://tinyurl.com/bvdncle  

Property tax and utility rates to rise next year in Spruce

Property taxes and water and sewer utility rates will be going up next year in Spruce Grove after council unanimously passed the 2013 – 2015 Corporate Plan this past Monday.

After making amendments to the budget earlier this month, council approved the corporate plan that will see a 3.29 per cent increase in municipal property taxes and a 7.39 per cent increase in water and sewer utility rates.

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Stony Plain Fire Department receives the acceptance of implementation plan

STONY PLAIN – The Town of Stony Plain Council has unanimously approved the Stony Plain Fire Department Operational Plan Implementation Report.

The fire department will receive one full time firefighter in each of the next three years and additional ones in 2013 and 2015. The Town allotted the funds for the extra firefighters in the budget for both of those years. The 2013 budget has allocated $78,500 for the new fire fighters coming into the detachment.

Read more:  http://tinyurl.com/c8lnlgo

CRH 5-storey expansion to be complete by 2015

Providing patient-centred, quality health care to Lethbridge and its surrounding communities requires not only great practitioners and programs, but also excellent facilities to meet those needs.

The Chinook Regional Hospital’s new 5-storey, 19,000-square-metre wing, is moving ahead on schedule, and officials anticipate completion by 2105, said Senior Project Manager Larry Raymond.

Read more:  http://tinyurl.com/btgdw9f  

Fort developer pitches land deal to city

FORT SASKATCHEWAN – A Fort Saskatchewan development company is interested in possibly selling a little land to the city in order to facilitate a light industrial project it has in mind for a four-hectare plot of land near 100 Avenue and 112 Street.

The company, 881454 Alberta Ltd. is proposing to sell the city land near Ross Creek, on the edge of the landowner’s property for the cost of conducting a survey and the registration of the sale, Clayton Kittlitz, director of city planning told council.

He explained while the property is in the industrial buffer zone between Sherritt Gordon and residences on the northeast end of the city it remains under a light industrial zoning designation.

Read more:  http://tinyurl.com/blt8z8u

 

Air Canada expands Asia-Pacific flights to boost revenue

Air Canada (AC.B-T 1.81 0.01 0.56%) unveiled a major expansion in its flights to Asia, a high-growth area for Canada’s biggest airline in recent years, as it seeks to boost revenue in an attempt to become profitable.

In what it described as its “most far-reaching international expansion of its schedule in its 75-year history,” Air Canada said on Thursday it would add flights from Canada to Asian cities including Beijing, Seoul and Narita, Japan. Subject to government approval, the airline will also start flying to Istanbul.

Read more:  http://tinyurl.com/d9knyqy  

Can Russia Maintain Current Oil Production Levels until 2020?

Uncertainty whether Russia can maintain its high level of oil production continues – 10.7 million b/d in 2012 to date on average. A new more benign tax regime that has recently been put in place and significant industry investments may plausibly enable the Russian Bear to extend its “plateau production” to 2020.

The post below outlines how this impressive achievement has been made possible, given that the decline of existing production is plausibly 6% or more every year for most old giant fields in West Siberia. In other words, the Russian oil industry needs to invest substantially in pushing more oil from existing fields (lowering decline rates) and new field developments to keep production steady.

Read more:  http://tinyurl.com/bql9nap  

Big ticket projects dominate “aggressive” capital plan

Devon’s 2013 capital budget was reviewed as part of the budget deliberations over the Nov. 23-24 weekend. Described as an “aggressive” budget, 2013 capital expenditures are scheduled to top out at $5,330,481, to be funded by a combination of cost-sharing, grants, town reserves and $1,093,500 in borrowing.

The capital budget was split into two distinct categories: new infrastructure, which looked at the development and expansion of several facilities and potential facilities, and repairs, maintenance and replacement.

Read more:  http://tinyurl.com/bzolht5