Last week, Minister Katrine Conroy viewed new owner signage at the Waneta Expansion Generating Station. The deal to purchase Fortis Inc.’s original 51% interest in the project closed on April 16, 2019 restoring ownership to the originally mandated 50/50 Columbia […]
Trust, Columbia Power Purchase Waneta Expansion
Columbia Basin Trust and Columbia Power Corporation announced today they have entered into an agreement with Fortis Inc. to purchase its 51 per cent interest in the Waneta Expansion hydroelectric generating facility located near Trail, B.C. for $991 million. “We […]
Trust and Red Mountain Constructing Hostel, Nowhere Special
Columbia Basin Trust and RED Mountain constructing a modern hostel only minutes from the chairlift. (Rossland) – After a season of serious excitement, RED Mountain Resort, in partnership with Columbia Basin Trust, has yet another exciting announcement: It’s called Nowhere […]
New Seniors Housing Comes to Cranbrook
Kootenay Street Village will include units for low-income seniors thanks to $3.2-million Trust grant Columbia Basin residents have said our region needs more affordable housing, including the people in and around Cranbrook. To help make this happen, Columbia Basin […]
Elk Valley Thrift Shop is on the Move
The Elk Valley Thrift Shop in Sparwood is a relatively new enterprise run by a successful non-profit organization that distributes $5,000 each month to its community. In just three years, the Elk Valley Thrift Shop Society donated more than $220,000 […]
Trust Puts Economic Development Plan into Action
Working with entrepreneurs to bring ideas to life Columbia Basin Trust has a vision for economic growth and is putting a new plan into action. The Trust is purchasing a commercial building in the Waneta Industrial Park near Trail and […]
