Columbia Basin Trust says it provided $76.1 million towards communities in the past year, funding over 2,670 projects.
In its 2024–25 Annual Service Plan Report, the Trust reported earning $101 million, mostly from investments in hydropower, real estate, and other holdings.
That money was reportedly used to support 56 active programs.
Here’s how the Trust spent the money:
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$58.1 million in grants and community projects
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$7.1 million invested in commercial real estate
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$6.5 million in new business loans
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$4.4 million in capital investments
According to the Trust, one of its main power facilities, was offline for part of the year due to turbine repairs.
Revenue from other hydropower plants, plus insurance payments, reportedly helped cover the loss.
“We’re proud of what we accomplished, even with some challenges,” said President and CEO Johnny Strilaeff.
“These results were made possible by many local partners, including First Nations, non-profits, and businesses.”
The Trust will hold its Annual General Meeting on Thursday, Sept. 11 at 1:00 p.m. MT at the Radium Hot Springs Centre.
People can also attend online via Zoom.
A free community BBQ will follow from 4:00 to 7:00 p.m. MT.
To read the full report or learn more, visit ourtrust.org/annualreport.
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