Regional Municipality of Wood Buffalo

Report

Investment Policy Change - Provincial Exemption

Information

Department:Financial ServicesSponsors:
Category:Report

Attachments

  1. Printout

Body

THAT Administration seek approval from the Government of Alberta to allow the expansion of the Regional Municipality of Wood Buffalo investment policy with respect to the purchase of Corporate Bond Issues.

Meeting History

Jul 6, 2021 12:00 PM Video Council Meeting

Linda Ollivier, Chief Financial Officer, and Ray Cayen, Manager, Financial Planning, provided an overview of the proposed exemption request to the Government of Alberta to expand the Municipality's Corporate Bond Issues beyond the one legislated sector.

RESULT:CARRIED [UNANIMOUS]
MOVER:Sheila Lalonde, Councillor
SECONDER:Jane Stroud, Councillor
FOR:Don Scott, Mike Allen, Sheila Lalonde, Phil Meagher, Verna Murphy, Jeff Peddle, Jane Stroud, Claris Voyageur
ABSENT:Krista Balsom, Bruce Inglis, Keith McGrath