Medicine Hat Minute: Carbon Storage, Power Dividend, and Social Program Funding
Medicine Hat Minute - Your weekly one-minute summary of Medicine Hat politics
This Week In Medicine Hat:
Happy Thanksgiving! There are no meetings today as City Hall is observing the holiday.
- On Tuesday, there will be a meeting of the Public Services Committee at 8:00 am. The Committee will hear a presentation on the Electronic Fare Management System, as well as a Veiner Centre update and a Managing Director’s Service Area Update regarding the Moose Recreation Centre Re-Opening and the Big Marble Go Centre Playground.
- Medicine Hat has a new radio station. WILD 94.5 Medicine Hat’s New Country places an emphasis on local hosts, local content, local news, and, of course, country music.
Last Week In Medicine Hat:
Medicine Hat was selected to begin exploring carbon storage. The Province made an announcement granting Project Clear Horizon, along with several other projects across Alberta, the right to further evaluate carbon capture utilization. The emissions-reducing project is now one step closer to reality, as is the City’s goal of becoming a hydrogen hub. In July, Council voted in favour of proceeding with the project and the City will reallocate $11 million to it. A further $2.5 million will come from the Province.
- Newly released financial results showed that profits from the City-owned power plant will yield an $85-million dividend. Record-high power prices mean profits well over the budget forecast at the beginning of the year. Council will debate how to use this money during their 2022-24 budget deliberations.
- More funding for social programs was announced by the Province. A total of $6 million will be given to 41 organizations, including one in Medicine Hat. The Sanare Centre (formerly Southeastern Alberta Sexual Assault Response Committee) will receive $200,000 for employee recruitment and retention. The money comes from Province’s Civil Society Fund - a $20 million investment over three years aimed at addressing social challenges.
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