Co-op News for April 24, 2018

//Co-op News for April 24, 2018

Co-op News for April 24, 2018


Co-op Housing Federation welcomes B.C. investment in community housing

The Co-op Housing Federation of BC is praising the provincial government’s historic investment in the community housing sector.

Last week, the government announced it will build 14,000 new affordable rental housing units over the next 10 years. This will be done through partnerships with non-profit housing providers, co-ops and municipalities.

“The Community Housing Sector is prepared to make our own investments to turn these funding announcements into homes for people,” says Thom Armstrong, of the Co-op Housing Federation of BC.

Thom is a frequent guest on Each for All.

Popularity of car sharing growing in Nanaimo

The high cost of vehicle ownership is being highlighted by backers of the growing ride-sharing cooperative movement.

Car sharing co-op Modo said it recently added 22 members in Nanaimo, bringing their total there to 120.

BCAA data shows the average Honda Civic owner in British Columbia shells out $9,500 annually to operate and maintain their car. Compare that with the $600 a year that members spent with Modo.

Nanaimo News Now: Popularity of car-sharing in Nanaimo growing as cost of living rises

Solar power delivers savings every day, says B.C. energy co-op

B.C.’s Peace Energy Cooperative spends a lot of time and effort answering questions about solar energy.

The co-op had “Save with Solar” sessions, hosted in Chetwynd, Dawson Creek, Fort St. John and Hudson’s Hope this past winter.

One common question at the sessions was the cost of solar power systems. The co-op says solar power systems can be sized to meet any budget, from small starter systems for less than $5,000 to massive systems to power a whole farm and shop.

But the co-op notes that solar is a long-term, low maintenance asset that increases the value of a home or business. It provides a return on that investment every day in reduced electrical bills.

The Mirror: Solar questions are answered

Good reason to move to a credit union!

Looking for a reason to move from your bank to a credit union?

Well, financial advisers working for Australia’s largest bank continued charging clients service fees after they died. In one case, for more than a decade.

An inquiry revealed that the Commonwealth Bank had been receiving complaints from clients of being charged for services that had not been provided, since 2002.

A financial adviser knew his client had died in January 2004. But it was still getting 1,000 Australian dollars a year in service fees.

Australian Treasurer Scott Morrison said that evidence from the inquiry was “despicable.” He said breaches of the Corporations Act can be punished with prison sentences.

CTV News: Australian bank charges dead client service fee for a decade

By |2018-11-04T17:17:19-08:00April 24th, 2018|News|0 Comments

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