{"id":3026,"date":"2015-07-28T18:02:40","date_gmt":"2015-07-28T22:02:40","guid":{"rendered":"https:\/\/huntsville.dopperonline.ca\/?p=3026"},"modified":"2015-09-06T11:55:29","modified_gmt":"2015-09-06T15:55:29","slug":"towns-lakeland-dividends-on-the-rise","status":"publish","type":"post","link":"https:\/\/doppleronline.ca\/huntsville\/towns-lakeland-dividends-on-the-rise\/","title":{"rendered":"Town&#8217;s Lakeland dividends on the rise"},"content":{"rendered":"[ratings]\n<p>Council members and municipal staff got some good news from Lakeland Holdings Ltd. at a committee meeting held on July 29.<\/p>\n<p>Huntsville&#8217;s shareholder dividends are expected to increase from $220,000 in 2015 to an estimated $330,000 in 2016.<\/p>\n<blockquote class=\"modern-quote full\"><p>Love the dividends, keep them coming.<span class=\"text_exposed_show\"><br \/>\n<\/span><\/p>\n<p><cite>Councillor Brian Thompson.<span class=\"text_exposed_show\"><br \/>\n<\/span><\/cite><\/p><\/blockquote>\n<p><span class=\"text_exposed_show\">The company offers a multitude of services, including Internet, and is expected to add another<br \/>\n130 km<\/span><span class=\"text_exposed_show\"> to its ex<\/span><span class=\"text_exposed_show\">istin<\/span><span class=\"text_exposed_show\">g Hu<\/span><span class=\"text_exposed_show\">ntsville coverage area.<br \/>\n<\/span><\/p>\n<p><span class=\"text_exposed_show\">Lakeland Holdings Ltd. is the first municipally owned company to purchase privately owned assets.<br \/>\nThe holding company purchased Burk&#8217;s Falls Waterpower Corporation in 2005 and Bancroft Generating Station in 2012. Huntsville&#8217;s share of the company sits at 21.7per cent.<br \/>\n<\/span><\/p>\n<p><span class=\"text_exposed_show\">Burk&#8217;s Falls, Magnetawan, Sundridge, Bracebridge and Parry Sound are also shareholders. Parry Sound joined on July 1, 2014, resulting in the addition of the Cascade Generating Station to the company&#8217;s holdings.<br \/>\nBracebridge is the largest shareholder at 56.31 per cent.<br \/>\n<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><strong><broadstreet-zone zone-id=\"45657\" keywords=\"\" soft-keywords=\"true\" zone-alias=\"\"><\/broadstreet-zone><\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ratings] Council members and municipal staff got some good news from Lakeland Holdings Ltd. at a committee meeting held on July 29. Huntsville&#8217;s shareholder dividends are expected to increase from [&#8230;]<\/p>\n","protected":false},"author":6,"featured_media":3141,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10],"tags":[26],"class_list":["post-3026","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-breaking"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Town&#039;s Lakeland dividends on the rise - Huntsville Doppler<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/doppleronline.ca\/huntsville\/towns-lakeland-dividends-on-the-rise\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Town&#039;s Lakeland dividends on the rise - Huntsville Doppler\" \/>\n<meta property=\"og:description\" content=\"[ratings] Council members and municipal staff got some good news from Lakeland Holdings Ltd. at a committee meeting held on July 29. 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