Monday, April 9, 2012
Eldridge Financial: Eldridge Financial Blog: EXCLUSIVE: $7.94-million ...
Eldridge Financial: Eldridge Financial Blog: EXCLUSIVE: $7.94-million ...: http://www.redgage.com/blogs/goldstonger/eldridge-financial-blog-exclusive-7-94-million-omafra-funding-to-stimulate-bluewater-s-economy.html...
Eldridge Financial Blog: EXCLUSIVE: $7.94-million OMAFRA funding to stimulate Bluewater’s economy
http://www.redgage.com/blogs/goldstonger/eldridge-financial-blog-exclusive-7-94-million-omafra-funding-to-stimulate-bluewater-s-economy.html
HEATHER BOA Bullet News BLUEWATER – The Ministry of Agriculture, Food and Rural Affairs is granting nearly $7.5 million in funding to the Municipality of Bluewater for a shopping list of projects that are meant to stimulate its economy.
The one-time economic development funding will be matched by about $2.8 million from the municipality.
Projects include: road upgrades and storm water management study, a contract economic development officer, Stanley landfill above-grade expansion, Hensall sewage lagoon upgrades, Bayfield public library and public washrooms, and Zurich public library project.
“The government is pleased to make this important investment in the Municipality of Bluewater. This is great news for the community” said Mark Cripps, who is press secretary to Minister of Agriculture, Food and Rural Affairs, Ted McMeekin.
Bill Dowson, who is the mayor of Bluewater, said there was a range of options for investment, but they settled on projects to improve infrastructure.
“The choice was made to spend it to stop taxes from going up. Everything we’re going to do had to be done someday and it was going to affect the budget and the taxes,” he said.
HEATHER BOA Bullet News BLUEWATER – The Ministry of Agriculture, Food and Rural Affairs is granting nearly $7.5 million in funding to the Municipality of Bluewater for a shopping list of projects that are meant to stimulate its economy.
The one-time economic development funding will be matched by about $2.8 million from the municipality.
Projects include: road upgrades and storm water management study, a contract economic development officer, Stanley landfill above-grade expansion, Hensall sewage lagoon upgrades, Bayfield public library and public washrooms, and Zurich public library project.
“The government is pleased to make this important investment in the Municipality of Bluewater. This is great news for the community” said Mark Cripps, who is press secretary to Minister of Agriculture, Food and Rural Affairs, Ted McMeekin.
Bill Dowson, who is the mayor of Bluewater, said there was a range of options for investment, but they settled on projects to improve infrastructure.
“The choice was made to spend it to stop taxes from going up. Everything we’re going to do had to be done someday and it was going to affect the budget and the taxes,” he said.
Eldridge Financial: Eldrige Financial Blog: Fed Apprehension job gains...
Eldridge Financial: Eldrige Financial Blog: Fed Apprehension job gains...: http://www.eldridgefinancial-blog.com/category/businesss/ WASHINGTON – The current strong gains in hiring makes the Federal Reserve polic...
Eldrige Financial Blog: Fed Apprehension job gains could fade
http://www.eldridgefinancial-blog.com/category/businesss/
WASHINGTON – The current strong gains in hiring makes the Federal Reserve policymakers worried that it could buzz if the economic growth of the US doesn’t go up.
According to the Fed’s minutes on Tuesday, members were first stated their concerns before they make a plan to keep interest rates at record lows until at least late year 2014. However, some of the members want to take further procedures to improve the economy current status if a condition gets worse or inflation remains reclaimed.
After the meeting, Fed presented the somewhat current view of the economy mainly because of the three consecutive months of hiring in two years. It was concluded that there have been similar raptures of hiring in the previous two years which ended up fading.
On the speech echoed by the Fed Chairman Ben Bernanke last week in the economists gathering, the decline of the economy recovery was the main concern of Fed as it did last year.
Americans aren’t receiving meaningful pay augmentation. Gas prices are high. Additionally, Europe’s debt crisis could reflect on the U.S economy. Provided that the inflation will remain on its current position, analysts think that the Fed will likely give interest rates down in order for them to give the economy an additional support. Most of the economists don’t think that Fed officials will alter their interest-rate policy at their following meeting on April 24-25 and will only relieve credits if the economy gradually moves from its current status.
The economy outlook is going up. Employers added an average of 245,000 jobs a month from December through February. On the other side, the rate of unemployed dropped nearly to 8.3%. The government will report Friday on the job market in March. Most of the economists supposed that the report will give a better month of job creation with a net gain of 210,000 jobs. They also expect that the unemployment rate will remain at 8.3%.
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