Adoption of the Three-Year Capital Investment Program — Investments of $25 million in 2022 to improve infrastructure and enhance the municipal service offer – Pointe-Claire
POINTE-CLAIRE, September 30, 2021—At an extraordinary meeting held on Tuesday, City Council adopted the 2022–2024 Three-Year Capital Investment Program, which includes investments of $25 million in 2022 to improve infrastructure and enhance the municipal service offer.
“In 2022, we plan on continuing to invest in major projects that will benefit the entire community, including repairs to several streets, improvements to parks and green spaces and municipal buildings, and new projects to improve quality of life for everyone,” Mayor John Belvedere said.
In terms of municipal infrastructure, repairs are planned for six streets: Aurora, Wilton, de Windward Crescent south, Chanteclerc (in collaboration with the City of Dorval), Bancroft and Des Sources Boulevard near Highway 40, under an agreement to be reached with the Réseau express métropolitain. In 2022, work will begin on the pedestrian bridge at the Des Sources overpass above Highway 20, in conjunction with the work by the Ministère des Transports in the area.
In terms of parks and green spaces, a mini-splash pad is planned for Augusta Park, and accessible washrooms will be built at the new Tony-Proudfoot Park. The two synthetic surfaces at the Terra-Cotta Park sports fields, which are at the end of their useful life, will also be replaced with new surfaces, which are also synthetic. These surfaces, which are very popular and appreciated by associations, provide more than 1,300 hours of activities per year compared to a grass surface, which provides 225 hours. An amount has also been earmarked in 2022 for lighting, planting and greening work on the new park in the Walton sector planned for 2023, following a public consultation process.
In terms of municipal buildings, investments are planned in order to continue to meet today’s needs and standards. In terms of equipment, we are also aiming to replace certain street maintenance equipment, and our teams are evaluating and prioritizing the acquisition of hybrid or electric vehicles where possible. In terms of street lighting, approximately 30% of public lighting in streets, parks and parking lots will be converted to LED by the end of 2021. The conversion will continue in the spring.
“Our priority remains the same: to continue to make Pointe-Claire an exceptional place to live for everyone by improving and enhancing our service offer for the community, while respecting our taxpayers’ ability to pay,” Mayor Belvedere concluded.
TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.
The S&P/TSX composite index was up 103.40 points at 24,542.48.
In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.
The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.
The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.
The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.
This report by The Canadian Press was first published Oct. 16, 2024.
TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.
The S&P/TSX composite index was up 205.86 points at 24,508.12.
In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.
The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.
The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.
The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.
This report by The Canadian Press was first published Oct. 11, 2024.
TORONTO – Canada’s main stock index was little changed in late-morning trading as the financial sector fell, but energy and base metal stocks moved higher.
The S&P/TSX composite index was up 0.05 of a point at 24,224.95.
In New York, the Dow Jones industrial average was down 94.31 points at 42,417.69. The S&P 500 index was down 10.91 points at 5,781.13, while the Nasdaq composite was down 29.59 points at 18,262.03.
The Canadian dollar traded for 72.71 cents US compared with 73.05 cents US on Wednesday.
The November crude oil contract was up US$1.69 at US$74.93 per barrel and the November natural gas contract was up a penny at US$2.67 per mmBTU.
The December gold contract was up US$14.70 at US$2,640.70 an ounce and the December copper contract was up two cents at US$4.42 a pound.
This report by The Canadian Press was first published Oct. 10, 2024.
