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Business

New strategies needed for real recovery

Pessimism about our economy rarely pays off in the long run.

Time and time again when we were feeling particularly glum, things turn around before we reach any kind of disaster.

While that record is worth noting, Canadians and our counterpart south of the border are despondent. There can be no mistaking the decidedly subpar character of the current economic recovery.

OSB interest rate re-set

The Ontario government announced last week the interest rate for the Variable-Rate Ontario Savings Bonds (OSBs) will be re-set at 1.00 percent for the next six months.

The rate reset applies to Variable-Rate Bonds purchased from 2005-08.

The next rate reset will occur on June 21, 2012 and will be reset semi-annually until maturity.

BIA looking at new banners

The Business Improvement Association will work with local artist Lindsay Hamilton to help freshen up the downtown decor with some new banners next year.

BIA chair Connie Cuthbertson said last week that it has retained Hamilton to work on designs for new, metal banners to replace the current cloth ones.

Union Gas, OHA give help to Riverside

Riverside Health Care is lowering operating costs, and reducing the environmental footprint of its facilities in Fort Frances, Emo, and Rainy River, thanks to Union Gas and the Ontario Hospital Association.

Union Gas and the OHA’s Green Hospital Champion Fund provided $17,600 in incentives to help Riverside complete a thorough energy assessment of its three facilities.

Accessibility makes good business sense

Ontario is helping businesses succeed in becoming more accessible to Ontarians with disabilities.

In the next 20 years, an aging population and people with disabilities will represent 40 percent of total income in Ontario—that’s $536 billion.

Making sure all Ontarians have accessible customer service is not only the right thing to do, it makes good business sense.