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Sault Ste. Marie

OPG finalizes sale of hydroelectric stations (5/02)

The sale of four hydroelectric generating stations in northeastern Ontario from Ontario Power Generation to the Great Lakes Hydro Income Fund was finalized May 17. The four stations are located on the Mississagi River, east of Sault Ste.

Merger creates North's largest member-owned financial institution (5/02)

Sudbury-area Nickel Centre Credit Union will integrate its four branches with Sault Ste. Marie-based Northern Credit Union.

Broadcast group aiming to bring local television, more jobs to Algoma district (5/02)

The Algoma Broadcast Group, a Sault Ste.

Eliminating paper overload problems (5/02)

By Leslie Sanders Xerox DocuShare has brought a Sault Ste. Marie area insurance company’s filing system up to date and uncovered its employees from mountains of paperwork. Algoma Insurance Brokers Ltd.

Algoma Steel president resigns (5/02)

Algoma Steel president Alexander (Sandy) Adam announced his resignation effective Aug. 31 to surprised shareholders at the company's annual meeting May 23 in Sault Ste. Marie.

Hospital construction in Northern Ontario - Sault Ste. Marie (5/02)

A new $175 million hospital project was approved for Sault Ste. Marie in mid-December 2001. In 1999, the Health Services Restructuring Commission recommended closure of Plummer Memorial Hospital in favour of expanding Sault Ste.

Rail spur expected to address traffic jam issue (5/02)

Long traffic tie-ups at Sault Ste. Marie rail crossings may be a thing of the past with a deal struck between Canadian National Railway and Algoma Steel to build a $1-million rail spur.

Waste-water capacity increases required in order to accommodate developments (4/02)

FedNor is providing funding of $200,000 to the Town of Thessalon for expansion of its waste-water lagoon and sewer system. The Town of Thessalon plans to establish a new industrial park and facilitate business expansion and new housing development.

Sault to host 2003 Winter Cities conference (4/02)

Sault Ste. Marie city council recently passed a resolution approving a plan and budget to host the 2003 Winter Cities conference.

Sault's tax shortfalls reimbursed (4/02)

The City of Sault Ste. Marie will be reimbursed for a $1.5-million tax shortfall lost through Algoma Steel's financial restructuring. Minister of Municipal Affairs Chris Hodgson provided a one-time allocation of $1.