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THUNDER BAY – City council put its stamp on a massive $25.5 million funding agreement with the federal and provincial governments for improvements to Thunder Bay Transit Monday, though the plan drew criticism for its continued reliance on fossil fuels. The City also received an annual report, and dividend, from its majority ownership of Synergy North, and another report on the implementation of one recommendation from the Seven Youth Inquest.   Hydro ownership pays off The City of Thunder Bay will receive over $660,000 in dividends from its majority ownership of Synergy North. A dividend was deferred last year due to the pandemic. At a virtual AGM of the city-owned Thunder Bay Hydro Corporation, which has a 91.69 per cent stake in Synergy North, company leadership said the utility had weathered the pandemic with better-than-expected results in 2020, emerging with comprehensive income of $3.6 million.

Thunder bayAndrew fouldsJonathan paskeRobert maceYouth inclusion programThunder bay hydro corporationCanada infrastructure programParking authorityThunder bay transit mondaySynergy northSeven youthThunder bay hydroThunder bay transitSeven youth inquestFrederica streetJohn street road