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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 (/ ˈ k r æ n b r ʊ k / KRAN-bruuk) is a city in southeast British Columbia, Canada, located approximately 10 km southwest of the confluence of the Kootenay River and the St. Mary's River. [6] It is the largest urban centre in the region known as the East Kootenay.
Crown corporations in BC are public-sector organizations established and funded by the Government of British Columbia to provide specialized goods and services to citizens. [1] They operate at varying levels of government control, depending on how they are defined, funded, and the kinds of services they provide.
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:
The expansion project is a partnership, with Fortis Inc. holding a 51% share in the project and the two Crown agencies Columbia Power Corporation and Columbia Basin Trust holding a 32.5% and 16.5% share, respectively. SNC-Lavalin designed and built the project. In January 2019, Columbia Power and Columbia Basin Trust announced that they had ...
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 ...
The Kootenays are more or less defined by the Kootenay Land District, though some variation exists in terms of what areas are or are not a part.The strictest definition of the region is the drainage basin of the lower Kootenay River from its re-entry into Canada near Creston, through to its confluence with the Columbia at Castlegar (illustrated by a, right).
Two months earlier, a Canadian customs office opened across the border at Eastport. In July 1906, an office opened at Kingsgate, under the administrative oversight of the Port of Nelson. In 1909, the Port of Cranbrook assumed oversight. In 1948, the status was upgraded to Port of Kingsgate. In 1961, 24-hour service began. [2]