Lower West Peace residents who have had multiple problems in the last five years with water seepage in their basements can soon rest easy as BC Hydro commits to complete a permanent solution.
Read more: http://tinyurl.com/opvn8ba
Tag Archives: funds
City looking at Crystal Centre upgrades
The City of Grande Prairie will consider more than $2.65 million in improvements to the Crystal Centre during its 2014 budget review later this month.
Read more: http://tinyurl.com/q7arpgl
Federal dollars for flood mitigation to take years
Federal aid aimed at Alberta’s flood recovery and mitigation efforts will be a lengthy process that could stretch out over several years, said Canada’s minister of public safety and emergency preparedness.
Read more: http://tinyurl.com/l4gzgj6
OPINION: Why picking rural Alberta’s pocket is a bad idea
Rural Alberta is being targeted for the money it collects. As the home to the robust industries that drive Alberta’s economy, there has been an increasing push for rural municipalities to share their perceived wealth with urban neighbours.
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City getting almost $10M for flood rebuilding
The City of Medicine Hat will soon receive $9.66 million from the Province to assist in the rebuilding of areas affected by the flood.
Read more: http://tinyurl.com/owknt7h
Province asks Ottawa for first $1B in flood relief funds
Municipal Affairs Minister Doug Griffiths says Alberta has asked the federal government for a $1-billion advance to deal with the cost of the flooding that swept through Calgary and much of the province’s south this summer.
Read more: http://tinyurl.com/mfd6p8v
Want 9-12% returns? Here’s where to invest
Anthony Scaramucci, Managing Partner at SkyBridge Capital lists the types of mortgage markets investors should look at and explains why he’s staying out of macro plays.
Video: http://tinyurl.com/mhquqvx
Rocky View Schools board boasts $7M reserve fund
Rocky View Schools (RVS) trustees learned the board is finally back in the black after the sale of several land parcels left the board with about $7 million in their reserve account.
Read more: http://tinyurl.com/k4qlu6d
Mutual Funds Try Hard To Hide One Statistic
Gary Halbert of Halbert Wealth Management shared a FINRA quiz on economic and investment basics with his readers and one of the questions many of them missed was on drawdowns. “Maximum (or max) drawdown refers to the worst-ever losing period for any given investment,” he writes. Mutual funds according to Halbert try hard to hide this statistic because “it doesn’t fit into their “relative return” view of the world.”
Read more: http://tinyurl.com/n7fzh9f
On track for surplus
The town believes it is on track to record a $240,000 surplus from its 2013 budget.
In second quarter financial report to town council, Paige Milner, senior manager of corporate services, told town council both general and building permit revenue are up and, after being offset in part by higher engineering, planning and legal costs, the town is projecting a $240,000 surplus at year’s end.
Read more: http://tinyurl.com/mwk3m5x