Town of Carrot River Minutes Regular Meeting 2026-04-21
Town invests CCBF funds with Prosperity Credit Union
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Description
The Town of Carrot River authorized the Administrator to invest the first two installments of its Canada Community-Building Fund allocation into a redeemable GIC with Prosperity Credit Union. The motion approves placing these federal infrastructure funds into an interest-bearing investment vehicle.
Contract Details
Vendor
PROSPERITY CREDIT UNION
Agency
Town of Carrot River, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
April 21, 2026
Renewal Info
One-time authorization to place CCBF installments into a redeemable GIC; subsequent reinvestment or rollover would require future council direction if outside administrative authority.
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