Castlegar Mayor Lawrence Chernoff, at city council's regular meeting Monday night, unveiled a four-point plan to deal with the fallout of Celgar refusing to pay its municipal tax bill. Celgar's move left the city with a roughly $2.8 million budget shortfall and a legal battle to cope with, and Chernoff said he feels it's...

The City of Castlegar is on the horns of $3.6 million dilemma, as Zellstoff Celgar has refused to pay municipal taxes for 2009, as well as taxes for other levels of government that are invoiced on the city bill, all of which were due at the close of business July 2. (City taxes are $2.785 […]

The Columbia Basin Trust (CBT) is pleased to announce three community pilot projects that will receive financial support as part of the State of the Basin Initiative, a model for monitoring and reporting on social, environmental, economic and cultural indicators and trends in the Columbia Basin region. Earlier this year, CBT invited municipalities, regional districts, First […]

Teck made a major move this week in its continuing efforts to restructure the company’s debt load. Late last year Teck’s debt had soared to just under $10 billion US following a seemingly ill timed $14 billion takeover of Fording coal mere days before the collapse of commodity prices. With a current agreement in place […]