Port in Prescott reports a Profit – more local jobs

Port in Prescott reports a Profit – more local jobs

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Taxpayers in Edwardsburgh/Cardinal are not on the hook for the outstanding one-third share ($11.5-million) of the improvements. The profitable Port possesses adequate reserves to carry its share. It made a tidy $2.2-million in 2008 alone, of which $514,000 was returned to the owning township’s coffers, significantly bolstering the bottom line of the small municipality’s budget.

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