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Friday, September 13, 2024

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Funds raised set to benefit the Touchwood Park Association

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A local initiative is returning for its fifth year this weekend. On Sept. 15, at 3:00 p.m., the Walk With Us Campaign is welcoming all interested to join them at the Langford Walking Trails for a walk and barbecue.

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Click to read articles on page 2... 

Canada Post is in trouble

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The government of Canada has a number of financial disasters on its hands. Some are ongoing like the CBC that sucks up $1.3 billion a year in taxpayers money. Another is Canada Post as between 2018 and 2023 it has lost $3 billion. In the first six months of 2024 CP has reportedly lost $464 million. The Corporation has current loans and borrowings of $1 billion, of which $500 million is due for repayment in July 2025. At least $1 billion in new borrowings or other liquidity measures are required for 2025, including refinancing $500 million in existing debt.

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Click to read full article on page 4... 

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