- 26 British Members of Parliament are calling for a greater
percentage of the money supply to be issued by public
institutions. Click here for more

-The Alberta government will loan $100 million to Alberta
municipalities interest-free.  However, since this is not money
issued interest-free by the Bank of Canada, the taxpayer will
still be paying for the interest.

- The Edmonton team received confirmation from
the City of Edmonton financial department that a request has
been sent to the Federation of Canadian Municipalities to investigate
the concept of interest-free loans for municipal infrastructure.   

- The Federation of Canadian Municipalities passed
both the Squamish, BC and Kingston, Ontario resolutions calling
for interest-free loans for municipal infrastructure.

- The Federation of Canadian Municipalities conference
ended with the participants calling on the provincial and federal 
governments to come up with "innovative" solutions to a probable 
upcoming municipal funding crisis.