Understanding the local economic impacts demand that our Elected Representatives act.
Several noted Economists have been sounding the alarm bells over the declining Labour Participation forecasts coming from organizations such as Statistics Canada. While I don’t consider myself an Economist, I instruct university-level business courses that demand some basic understanding of the subject.
The Cobourg 2022 operations budget was released on Friday October 22, 2021. This, along with the accelerated budget review/approval schedule, are a welcome improvement over past budget timetables.
There is a serious problem however. The 2021 YTD actual comparative data are as at October 19, 2021 and do not represent a full year of operation’s activity.
In Ontario the prices that local electricity distribution companies such as Lakefront Utilities can charge their customers are set by the Ontario Energy Board (OEB).
Every five years Lakefront proposes a “price list” for the next four years. This year was Lakefront’s time to propose charges for January 2022 to January 2027.
At the August 23, 2021, Committee of the Whole Council meeting, Ted Williams gave a delegation to Council on behalf of the Cobourg Taxpayers Association (CTA).
We are pleased that Council unanimously voted to reject the travel lift. It was the right decision.