Transition Brockville archive

Tag : Local investing (63)

OREC targets $2 M with fifth securities offering

OREC / 16 January 2017

The Ottawa Renewable Energy Co-op launches its fifth securities offering and is seeking to raise up to $2 million to invest in four local solar power projects. The Co-op’s latest projects include a rooftop project at both the Twin Elm Rugby Park and KIN Vineyard in Carp along with a ground mount system in Alfred, Ontario, and a rooftop system on a private building. These projects will start to produce power for the grid starting in June, 2017.

OREC’s previous four securities offerings raised $5.1 million, financing 13 solar rooftop projects in Ottawa – four of which are found on local French language schools.

“Working with the French school boards to install these solar projects has been such a pleasure. We are accomplishing our environmental and educational goals, while also providing a profitable, socially-responsible investment option for our members,” says Janice Ashworth, OREC’s General Manager.

Investments can be made by purchasing Preference Shares or Member Investment Notes and is open to all residents of Eastern Ontario who become members of the co-op. OREC’s preference shares have 20-year terms, are RRSP & TFSA-eligible, and average a 4% annual dividend plus return of capital over time. Member Investment Notes have five year terms and provide a fixed 3% annual return with the capital returned at the end of year five.

As opposed to a mutual fund where individual investors have little control, with a co-op, every investor becomes a member and has a vote in decisions that affect operations and investments.

[ FULL ARTICLE ]

Local food systems and rural development

Citizens’ Institute on Rural Design / Angela Moreno-Long / 24 October 2016

Local food systems in rural communities can provide much more than just access to high quality food, food systems are linked to the economic vitality, sustainability and health of communities. The Iowa State University Community Design Lab produced an “Agricultural Urbanism” toolkit for revitalizing local food systems in order to create resilient communities, promote social equity and build financial sustainability. Don’t let the “urbanism” title fool you, agricultural urbanism is a process which can be used in cities and towns of any size across America–the key idea is integrating food systems and agriculture into the planning, design, and social fabric of communities. The Agricultural Urbanism Toolkit highlights pilot projects at multiple scales that use creative design solutions for local food systems.

[ FULL ARTICLE ]

REconomy Project teleseminar: Enterprises that Build Resilience

Transition US

What if our economy actually served people and the planet, and built stronger communities? Instead of extracting resources, what if businesses built local wealth and resilience while regenerating ecosystems? And what if we create enterprises that provide good jobs, reduce income inequality, and lower our carbon footprint?

The Transition US REconomy Project seeks to explore these three questions and develop strategies to bring these economic ideals to life.

Join us to learn from some of the incredible businesses featured in our new REconomy Report 25 Enterprises that Build Resilience: Lopez Community Land Trust and the Local Investing Opportunities Network.

Date: Wednesday, November 9, 2016 – 1:00 pm – 2:15 am EST
Registration: To participate, register online and you will receive call information via email.

FABN seeks City support for its FAB Go Local campaign

Transition Brockville / 28 October 2016

go-localBrockville City Council will be considering a request from the Frontenac Arch Biosphere Network for financial support for the FAB Go Local campaign at the Council meeting on Tuesday, November 1, 7 pm. From the FABN written request:

In a nutshell: The FABN proposes to develop and implement a “Go Local” campaign that will promote sustainable community development within the Frontenac Arch Biosphere Reserve. Local businesses and organizations play crucial roles in creating jobs, enhancing local character, and strengthening communities. Our “Go Local” campaign will specifically support local independent businesses and organizations in building thriving local economies.

[ FULL REQUEST ]

Area abbatoir set to open as a non-profit

Recorder & Times / Darcy Cheek / 12 October 2016

schaefer-bernickyWhen Rideau Meats in Smiths Falls closed early in 2015 Barbara Schaefer felt she had to do something to try and keep local livestock producers from spending more of their hard-earned cash transporting cattle, swine and sheep to a dwindling number of available slaughterhouses.

With a local facility on Addison Road vacant, the Athens-area heritage swine producer embarked on a mission to fill a void in the local livestock industry.

“The writing was on the wall for the region,” said Schaefer from the plant on Wednesday. “(Rideau Meats) was the largest and the busiest slaughterhouse in the area.”

Schaefer was soon convinced a former abattoir vacant for several years could be rejuvenated. She formed the not-for-profit Farmersville Community Abattoir and sold memberships to raise capital for renovations.

The abattoir went through its final Ministry of Agriculture Food and Rural Development food inspection branch inspection last week and is expected get its operational license this week.

[ FULL ARTICLE ]

Eastern Ontario Local Food Conference, November 23

NFU-O Local 316 / 05 October 2016

food-conference-2016The Eastern Ontario Local Food Conference is just around the corner and this year’s focus is all about resilience in the face of climate change and other contemporary challenges. Join us, and best-selling local food author and CBC columnist Sarah Elton, as we explore ways that Eastern Ontario local food and its producers, processors and influencers can meet those challenges and seize opportunities that are unique to Eastern Ontario local food.

This year’s conference includes content for municipalities, farmers, eaters, food hubs, rural businesses, and more!

[ MORE INFO ]

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