September 27, 2017
Council this Week: Highlights from September 27 County Council Agenda
Rail passenger service, County credit rating, and immigration initiatives funding
County comment on VIA high-frequency rail proposal
Oxford County Administration is seeking Council’s approval to appeal to federal and provincial levels of government to carefully consider the risks of bringing high-frequency rail (HFR) to the Toronto-Ottawa-Montreal corridor. The County, supported by rail transportation consultant Greg Gormick, is concerned that VIA Rail’s HFR proposal will further contribute to the decline of VIA passenger rail service in southwestern Ontario and elsewhere.
Read Council report CAO 2017-13-Oxford County Interest in the VIA Rail Canada Proposal for High-Frequency Rail (HFR)
Oxford County 2017 credit rating
County Council will receive a report on September 27 confirming Oxford County’s AA+ credit rating and stable outlook. The Standard & Poor’s annual rating is based on the County’s healthy liquidity, robust budgetary performance, and very low debt burden. The credit rating gives the County more opportunities to invest funds under the terms of Ontario’s Municipal Act.
Read Council report CS 2017-31 - Credit Rating Review-2017
Other reports and presentations
- Delegation – Greg Gormick, On Track Strategies: The Looming Crisis in Rail Passenger Service
- CS 2017-30 – Immigration Initiatives Funding Agreement
Questions or comments?
Council this Week highlights Council activities for the public, employees and community partners. Please send your questions and comments to firstname.lastname@example.org