FINANCIAL_SERVICESRECOMMENDED

Merrickville-Wolford Recommends RBC Infrastructure Loan

Merrickville-Wolford recommended entering into a $1,640,761 borrowing agreement with Royal Bank of Canada to finance capital infrastructure projects. The debt will be amortized over 15 years, with a four-year interest term and subsequent rate renegotiation.

Document date · October 13, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$1,640,761
Contract type
FINANCIAL_SERVICES
Contract term
15-year amortization; 4-year interest term
Renewal date
2030-10-13
Renewal
The four-year interest term will be renewed with the interest rate renegotiated after the initial term; the overall borrowing is amortized over 15 years.
Document type
AgendaPacket
Source document
Village of Merrickville-Wolford AgendaPacket Regular Council Meeting 2026-10-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Village of Merrickville-Wolford?

Royal Bank of Canada was awarded this financial services contract by Village of Merrickville-Wolford, as recorded on October 13, 2026. The contract value is $1,640,761.

How much is the Royal Bank of Canada contract with Village of Merrickville-Wolford worth?

The Royal Bank of Canada contract with Village of Merrickville-Wolford is valued at $1,640,761, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Village of Merrickville-Wolford AgendaPacket Regular Council Meeting 2026-10-13 (AgendaPacket), dated October 13, 2026 from Village of Merrickville-Wolford. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Royal Bank of Canada hold?

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What is Village of Merrickville-Wolford currently buying?

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