Summer Games turned $140,000 profit

Lethbridge weather was great. Attendance was high.

And the 2012 Alberta Summer Games actually turned a $140,000 profit.

That was the news Monday for Lethbridge city council. George Virtue, chair of the late-July event, told council more than $90,000 of the proceeds will be shared by arts and sports groups in Lethbridge.

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Hurricane Sandy: Richard Garneau, Resolute CEO, Says Canada’s Forestry Industry To Profit From Storm

MONTREAL — The destructive wrath of Hurricane Sandy will help boost recovery in Canada’s forest products industry next year as communities in New York City area and along the New Jersey coast rebuild, the head of Resolute Forest Products said Friday.

“When you look at the devastation it’s mind boggling and it’s going to have an impact,” CEO Richard Garneau said in an interview.

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