Village of Carmacks Council Meeting Agenda Packet March 2026
Village Approves Scotiabank Investment Strategy
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Description
The Village Council approved a new investment strategy with Scotiabank, placing $500,000 in a two-year non-redeemable term, $100,000 in a thirteen-month term, and $100,000 in a cashable investment to maximize interest earnings.
Contract Details
Contract Amount
$500,000 two-year non-redeemable term, $100,000 thirteen-month non-redeemable term, $100,000 cashable term investment
Vendor
SCOTIABANK
Agency
Village of Carmacks, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
March 3, 2026
Contract Term
Two-year term, thirteen-month term, and cashable term
Renewal Date
2028-03-03
Renewal Info
Each term corresponds to its respective tenure. Investments may be renewed or reallocated upon maturity, as determined by Council and Administration.
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Village of Carmacks Council Meeting Agenda Packet March 2026
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Village of Carmacks Council Meeting Agenda Packet March 2026
Village of Carmacks Council Meeting Agenda Packet March 2026
Village of Carmacks Council Meeting Agenda Packet March 2026
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