Mining industry surges forward in 2011
B.C.’s $7-billion mining industry is reason to celebrate Mining Week, May 8-14, with employment, revenue, exports, production and prices all up over the previous year and on the rise. The province has eight metal mines and 10 coal mines in operation, as well as more than 30 industrial minerals mines and over 650 aggregate...
West Creek Village touts homes with pricing comparable to local rent
A local development company says it has paid attention to what the Nelson market needed and has come up with affordable housing.The result is West Creek Village, an eight-home condominium community with two-bedroom designs on the ground level and three-bedroom living on the upper level. Located on Perrier Road within City...
Obama urges oil producers to increase output
By Alister Bull and David Alexander, Reuters President Barack Obama urged world oil producers to lift crude output this week, as he sought to deflect public anger over high gasoline prices that has hurt his popularity among voters. U.S. motor fuel prices have become a heated political issue after pushing toward $4 a gallon....
As the Canucks go, so does the hospitality industry in Nelson
By Bruce Fuhr, The Nelson Daily SportsThere are people walking down Vernon Street wearing Canucks jerseys.There are cars cruising through Heritage City flying Canuck mini flags from outside their side windows.They all can breathe a little easier now that ‘Nucks have finally exorcized their demons from the Windy City, defeating...
60th anniversary brought greater community contribution from NDCU
Nearly $208,000 was distributed to 139 local community organizations in 2010 through the Community Investment Program, the Nelson and District Credit Union board revealed recently.On Wednesday, April 20 at the 60th Annual NDCU General Meeting, the financial results for 2010 and new board members were introduced, as well as ...
Paving to improve safety of Blueberry-Paulson Pass
A portion of Highway 3 through the Blueberry-Paulson Pass will be resurfaced this year, improving the safety of the highway for travellers and commercial vehicles. Selkirk Paving has been awarded a $2.65-million contract to resurface approximately 11 km of Highway 3, from the Paulson brake check to the Sheep Creek rest area....
Nelson and District Credit Union prepares to SWITCH banking systems
Nelson and District Credit Union (NDCU) and members are preparing for the SWITCH to the new banking system, Acumen of Fiserv Solutions.Member will experience branch closures and electronic service interruptions during SWITCH, Friday, April 29 at 5 p.m. to Wednesday, May 4 at 10 a.m. The Credit Union has spent the past 10...
New skills program for mining sector hits pay dirt
While the wild days of the gold rush may be over, future miners are discovering there is still prosperity to be found in the West. Supported by more than $1.6 million from the Province, this year the Workforce Exploration Skills Training (WEST) program will give 58 participants the skills and training they need to fill the ...
Bank of Canada maintains overnight rate target at one per cent
The Bank of Canada announced Tuesday it is maintaining its target for the overnight rate at one per cent. The Bank Rate is correspondingly 1.25 per cent and the deposit rate is .75 per cent. As anticipated in the January Monetary Policy Report (MPR), the global economic recovery is becoming more firmly entrenched and is...
Review of BC Hydro aims to lower rate increases
The government of British Columbia has appointed a panel of senior officials to review BC Hydro and develop options to reduce the impact of hydro rate increases on B.C. families. “Our goal is to find the right balance between investing in our hydro system, while keeping rates as low as possible for BC families – and this...
