Business

Bridesville residents say road conditions are unacceptable

Bridesville residents say Emcon is not plowing their roads frequently enough during periods of heavy snow fall. Photo, Erin Perkins
Bridesville residents have had enough and they let the government and Emcon know it.
 
On the evening of Monday, Dec.

More than 50 scientists protest BC Hydro closures/lay-offs in Castlegar and Nelson

Sturgeon protection and re-population is but one of many project being implemented locally.

 A group of more than 50 scientists is publicly lobbying BC Hydro to reconsider its decision to close the Fish and Wildlife Compensation Program (FWCP) office in Nelson, and to lay off staff in Castlegar, Nelson and Prince George.

 
The offices are to be closed by January 2012, and the program consolidated in Burnaby offices.
 
“In this particular program, they’re laying off everyone and assigning one person to contract out the work,” said conservation ecologist Greg Utzig, who penned a protest letter that was subsequently signed by more than 50 experts in the field and CCed to virtually every political entity in the region.
 

Castlegar debt-free after paying out loan 2.5 years early

Castlegar debt-free after paying out loan 2.5 years early

It's a black day for the City of Castlegar - black ink, that is, according to a report offered at Monday’s regular city council meeting.

In the report, city director of finance Andre Buss told council that the city’s only remaining long-term loan (issue 58, which the city undertook to build the RCMP detachment as well as do some infrastructure work), has been fully paid – roughly two-and-a-half years ahead of schedule.
 

Want change? So you can whine ... or wine

Want change? So you can whine ... or wine

 Making the switch to online media two-and-a-half years ago was like a crack in the dam – the changes in my life have been coming fast and furious ever since.

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This is a good thing, and largely something I’ve chosen – Gandhi wasn’t blowing smoke when he said, “Be the change you want to see in the world”.

MORTGAGE TRENDS: Short-term rates stay put

MORTGAGE TRENDS: Short-term rates stay put

Canada’s key interest rate will end 2011 unchanged.

 

The Bank of Canada (BoC) left its policy rate at 1.00 percent this week, as anticipated.

 

In a statement, the Bank said European economic performance will be worse than expected, Canadian and United States growth are “slightly” better than expected, and inflation will “ease.”

It added: “With the target interest rate near historic lows and the financial system functioning well, there is considerable monetary policy stimulus in Canada.”

B.C. deficit projections up $313 million

B.C. deficit projections up $313 million

B.C.'s deficit is now projected to rise by $313 million to $3.1 billion by the end of the fiscal year because of lower revenues, Finance Minister Kevin Falcon announced in Victoria on Monday.

"While British Columbia is still expected to continue to outperform most other North American economies, we expect revenues to decline and we are revising our deficit calculations as a result," said Falcon.

NDP’s BC caucus pushes for government action on IRS

freelogovector.com

Members of the federal NDP B.C. Caucus are calling for stronger action by the federal government to protect Canadian citizens affected by a series of measures undertaken by the United States Internal Revenue Service (IRS).

B.C. economy to grow moderately in 2012

B.C. economy to grow moderately in 2012

The B.C. Economic Forecast Council has lowered its growth projections for the province this year and next in light of the worsening global economy.

On average, the council expects B.C.’s GDP growth to be 2.2 per cent in 2011, down from its 2.7 per cent forecast in January of this year. The council also predicts B.C.’s GDP will grow 2.2 per cent in 2012 and average 2.7 per cent in 2013-16.

New investment strengthens mills' potential

New investment strengthens mills' potential
The sawmill in Grand Forks will be getting an overhaul over the next year-and-a-half as International Forest Products Ltd. (Interfor) pumps $24 million into the region.
 
The company’s announcement came last Wednesday, Nov. 2 when general manager Andrew Horahan unveiled their decision to invest $19 million in Grand Forks and $5 million in the Castlegar mill.

Interfor to invest $24 million in Castlegar and Grand Forks mills

Interfor to invest $24 million in Castlegar and Grand Forks mills

 At its meeting Monday, Interfor's Board of Directors approved a $24-million capital plan to upgrade the Company's Grand Forks and Castlegar sawmills.

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