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Columbia Basin Trust received a $295 million endowment by the Province. $250 million is committed to finance power project construction. As directed by Basin residents, $45 million is being reinvested for the benefit of Basin residents through short-term cash investments, business loans, real estate ownership, and venture capital projects.
Cranbrook is at the junction of major highways 3 and 93/95, and due to its close proximity to the borders of Alberta and the United States, it is an important transportation hub. Cranbrook has a major Canadian Pacific Railway yard, which serves as a key gateway for trains arriving from and departing to the United States.
Dec. 5—CASHMERE — The Columbia Basin Project is making gradual progress toward completion with significant accomplishments for the Odessa Groundwater Replacement Program and other milestones ...
Columbia Power Corporation is a Crown Corporation, owned by the province of British Columbia, Canada. Its mandate is to undertake hydro-electricity projects in the Columbia River region of British Columbia. In so doing, it is required to work with its sister crown corporation the Columbia Basin Trust. Its assets include:
In 1948, the status was upgraded to Port of Kingsgate. In 1961, 24-hour service began. [2] The depression-era wooden border station [citation needed] was replaced with a brick border station in 1953. This was replaced with the current concrete and steel structure in 2012. [3] This crossing is open 24 hours per day, 7 days per week.
The Western Financial Place (formerly known as the Cranbrook Recreational Complex) is a 4,268-seat (plus 352 standing room) [3] arena and an aquatics centre which is located in the East Kootenay's in the town of Cranbrook, British Columbia. Western Financial Place is a multi-purpose recreational facility.
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