Over the first three quarters of the fiscal year, the ferry corporation recorded a total of 10.6 million passengers and 5.3 million vehicles, which represents a year-over-year decrease of 42% and 27%, respectively.
Without the use of this funding, the net loss over the final three months of 2020 would have been $56.4 million. The use of the funding also led to net earnings of $98.4 million for this period, compared to a net loss of $8.3 million in the same quarter in 2019.
Prior to the pandemic, BC Ferries typically saw losses during the slower travel months over the fall and winter seasons, with the peak travel months in the spring and summer months offsetting those losses and resulting in an operating profit.
Hastings Highlands has approved financial assistance for property owners who are struggling due to COVID-19.
They say that penalties for overdue property tax accounts will be waived between February and July of this year. They are able to waive the fees due to funding they received from the Safe Restart Program.
They say they have further information here.
Torontoâs tax-and-spend budget for 2021 not a serious plan for cityâs financial woes
January 14, 2021
Toronto, ON: The Canadian Taxpayers Federation is slamming Toronto city council for proposing to raise taxes and take more of taxpayersâ money from other levels of government while proceeding with costly pet projects in its 2021 budget released this morning.
âTorontonians are struggling right now, but itâs business as usual for city council: raise taxes and continue wasting money,â said Jasmine Moulton, Ontario Director for the Canadian Taxpayers Federation. âInstead of abandoning wasteful pet projects, Toronto Mayor John Tory is raising property taxes well beyond the rate of inflation and asking for more taxpayersâ money from other levels of government.â
City of Williams Lakes transit system gets help from COVID-19 Safe Restart Program mycariboonow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mycariboonow.com Daily Mail and Mail on Sunday newspapers.
REGINA Several new items were approved at City Council’s final meeting of 2020 on Wednesday. Council approved increasing Regina Exhibition Association Limited’s debt limit by $8 million to $21 million. A proposal from REAL said it was struggling to make money due to a lack of events this year. Council also approved providing $700,000 a year to REAL starting in 2021 to help pay debts. A McDonald’s planned to be built on the Evraz Place campus was given a 40 year lease by council. A long discussion surrounding the process lead to council asking administration to develop a report looking at creating an open and transparent procurement process with REAL, for choosing businesses on the Evraz Place campus and how local businesses apply.