Fredericton closer to allowing single room occupancy rentals
The City of Fredericton is exploring options to help ease the city s housing crisis and allowing for single room occupancy developments may be one way to tackle the problem.
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Posted: Jan 14, 2021 6:10 PM AT | Last Updated: January 14
80 per cent of people surveyed said they were comfortable with a single room occupancy building in their neighbourhood. (Daniel McHardie/CBC)
Forrest retired in December 2019, after 42 years of working for the same company. “If we provide a reliable supply there are no complaints – we’re typically only seen in times of storms when things go wrong, but a lot goes on behind the scenes to achieve success,” Forrest explained. In the early 1990s, after the government announced significant reforms to the electricity industry, Forrest led a group of industry entities in seeking community-owned assets. The group successfully received recognition of an ownership structure in the form of a trust that directly benefited local consumers. Forrest said it had been an “absolute pleasure” to serve the electricity consumers, and it was particularly satisfying during times of reforms to work towards trust ownership, where “the benefits go back to the consumers”.
Marlborough Lines managing director Ken Forrest is stepping down after 42 years in the power industry.
A long-serving Marlborough Lines manager received more than his annual salary for six months’ work when he retired at the end of last year. The “special payment” to former managing director Ken Forrest was questioned at a public power trust meeting on Monday, along with a decision to give the company’s seven directors an 8 per cent pay rise, the same year the trust decided not to give power users an annual distribution payment. The trust decided not to make the distribution payment, due to be paid next February, following a “disappointing” trading year for wine company Yealands, which the lines company paid $89 million for an 80 per cent stake in 2015, and $22.8m for the rest in 2018.