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Lloydminster debt projected to top $100M as major infrastructure spending continues
Administration says about $19.6 million in additional borrowing is already included as the city funds major projects and plans future capital work.
Summary by meadowlakeNOW
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Battlefords NOW
Battlefords NOWLloydminster debt projected to top $100M as major infrastructure spending continues
The Cenovus Energy Hub in Lloydminster is among the major infrastructure projects contributing to the city’s borrowing, with a $30.4-million loan disbursement taken for the project earlier this year. Lloydminster projects its total outstanding debt could reach about $102.5 million by the end of 2026. (Image Credit: Kenneth Cheung/battlefordsNOW staff)
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Leaning Left0Leaning Right0Center2Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
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