The Edmonton Metropolitan Region Board (EMRB) will no longer receive funding from the Alberta government starting in 2025, with Minister of Municipal Affairs Ric McIver announcing the change. The decision, which also makes membership voluntary instead of mandatory, has sparked concerns from EMRB chair Allan Gamble and Edmonton Coun. Andrew Knack about the future of the organization and provincial government overreach. Despite the financial setback, Gamble expressed determination to plan for the EMRB’s future in light of the funding cut.
Full Article
How a multibillion dollar defence bank could help Canada increase its military spending
A new multilateral Defence, Security and Resilience Bank aims to assist Canada and its allies in bolstering military capabilities amid rising global threats, with plans for a potential presence in Toronto. The bank, backed by member nations, would enable quicker military procurement and provide credit guarantees to commercial banks, thereby facilitating access to funds for defense-related industries. President Kevin D. Reed envisions significant equity raised over time, potentially reaching $400-500 billion, to support enhanced military...
Read more