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In 2024, the Municipality of Kincardine made the significant decision to sell Bruce Telecom. Council saw the $32.65 million sale as an opportunity to invest in the community’s future while honouring the asset’s legacy.

It looks like 2025 is shaping up to be one for history books with our federal election and trade tensions with the US. Such developments inevitably feed into the financial markets, fostering an atmosphere of uncertainty.

The threat of tariffs has loomed large over Canada since President Trump was elected and since his inauguration the landscape changes regularly – creating uncertainty that is taking a toll on markets and the economy.

Taxpayers expect municipalities to look after communities by both providing critical daily services, and planning for a vibrant future.

Municipalities face a range of financial challenges. Municipal governments must find a way to make current resources go further.

Since their introduction post financial crisis High Interest Savings Accounts (HISAs) had, for the most part, replaced GICs as the preferred place for municipalities to invest surplus balances. It’s why the ONE Investment Pooled HISA program was established.