The B.C. government has announced $30 million in grants to restore and maintain ecosystem services and watershed health across the province.
The funding was originally announced in Budget 2021 and will also support climate resiliency and support local organizations in meeting their mandates.
Premier John Horgan participating in the announcement, his first government announcement since his COVID-19 diagnosis.
2:04 B.C. Premier John Horgan tests positive for COVID-19
B.C. Premier John Horgan tests positive for COVID-19 – Apr 5, 2022
“Healthy watersheds and wetlands are critical for climate adaptation,” Horgan said.
“They serve as a protective buffer for communities against flooding, droughts and wildfires. This new funding will help safeguard B.C.’s watersheds and wetlands for generations to come, while continuing to create good, local jobs for people throughout the province.”
Half of the funding, $15 million, will be provided to Watersheds BC through the MakeWay Foundation to co-ordinate watershed restoration projects led or co-led by First Nations.
The remaining $15 million will go to six organizations to support watershed restoration work throughout the province. They are BC Wildlife Federation, Ducks Unlimited, Living Lakes Canada, Redd Fish Restoration Society, Farmland Advantage (Investment Agriculture Foundation of BC) and the Rivershed Society of BC.
“The Cowichan and Koksilah rivers have always played an integral role in the well-being of Cowichan people,” Cowichan Tribes chief Lydia Hwitsum said.
“Continued investment is necessary to protect our community from future flooding events and restore critical fish habitat, ensuring a valuable resource is sustained for generations to come.”
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.
