On 11th December 2024, while replying to a question in Pakistan’s National Assembly, the federal finance minister admitted for the first time that since 2019, and while under an International Monetary Fund (IMF) programme, gas prices increased by a record 840% and electricity tariffs rose by over 110%.
Website Editor: The Mayor's motion discussed below was passed by the Vancouver Council.
Dec. 11, 2024
Vancouver mayor Ken Sim wants to transfer some of the city's financial reserves into Bitcoin cryptocurrency — and says it will be good for the climate, too. His claim has some experts scratching their heads.
Generating power but flooding land loved by locals
After 11 weeks, the Site C dam reservoir in northeastern B.C. is now fully filled.
B.C. Hydro announced the process was complete on Nov. 7, having started in August.
One electricity generating unit has already started feeding into B.C.'s power grid, and another five are set to come online between now and the fall of 2025, increasing the province's power production capacity by an estimated eight per cent.
