Borrowing
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$28-million loan approved for Greater Vernon Cultural Centre constructionThe Regional District of North Okanagan said the borrowing is expected to cost the average household $49 per year for 20 years.CanadaMay 6
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New Vernon pool, recreation facility may require ‘serious’ tax hikeThe rough cost estimate for the project is $83-million.MoneyMay 28, 2020
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Coronavirus: Kelowna considering borrowing up to $150M to cover late taxesThe proposed bylaw requires the money to be paid back by the end of the year and city staff said the municipality would not necessarily take out the full amount.PoliticsApr 19, 2020
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ANALYSIS: Finance Minister Bill Morneau’s odd plan to help homebuyers won’t help with housing affordabilityThe chief economist at TD Bank said the budget's measures to help first-time homebuyers could actually push housing prices up by as much as 5 per cent. And that means the Liberals' attempts to make it easier for first-time home buyers could actually make it worse.PoliticsMar 20, 2019
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Swan Lake Corridor property owners face $5.2-million sewer decision"One of the key factors in this whole program is to try to improve the environment," the regional district area director said.PoliticsJan 3, 2019
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Vernon cultural centre borrowing would cost ‘average’ household $48 a yearThe figures were released as the regional district gears up for a referendum on borrowing up to $25 million for the new $40-million facility.PoliticsAug 28, 2018
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Downtown Vernon location picked for proposed $40-million cultural facilityA referendum on borrowing $25-million for the project is expected to take place this fall.PoliticsJun 21, 2018
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Plans for new $40-million Vernon cultural facility move forwardThe regional district plans to borrow $25-million for the project.PoliticsMay 24, 2018
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Shuswap rail trail one step closer to reality“These trails will undoubtedly result in increased tourism activity, and be a tremendous asset to local residents.”Jul 25, 2017
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Credit card delinquencies rise sharply in Alberta and Saskatchewan: TransUnionA new study from TransUnion says Alberta and Saskatchewan had a big jump in credit card delinquencies last year.ConsumerMar 19, 2017
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