financial

Here’s what the Osoyoos Indian Band chief and council are paid

OSOYOOS - Newly released Osoyoos Indian Band financial statements show a huge gap between First Nations and local governement when it comes to salaries and expenses. The 2014 financial documents, submitted as required by the new First Nations Financial Transparency Act, outline the earnings and expenses of Chief Clarence Louie and the band's five councillors....

Surprise construction costs blow new Vernon sports track budget

VERNON - Unexpected costs mean Vernon’s new sports track is more than three quarters of a million dollars over budget. But taxpayers shouldn’t worry about the $790,000 overrun, says Greater Vernon director Mike Macnabb. The extra funding is expected to be recovered through reserves and donations. “We have a very aggressive plan to get some...

Penticton gets new business from Alberta

PENTICTON - City officials say Penticton is seeing more businesses and people coming to town from Alberta, and Jet Power and Controls Ltd. is the most recent. The Alberta-based business is in the process of opening a manufacturing plant in Penticton’s industrial sector. Jet Power is a growing company, having doubled in size every year...