BDO Report to Council

BDO Canada Limited was engaged as Financial Advisor through Brownlee LLP, legal counsel for the Town of Olds, for the purpose of providing financial and other advisory services in respect of loans made to Olds Institute for Community and Regional Development and the guarantee of Olds Fibre Ltd.
The BDO report summary outlines the steps taken by BDO, as well as the various options provided to the Town.

Below is the report summary presented to Council at its August 26 meeting.

BDO Report Summary

Summary of the Financial Advisor Report

Background information on the intent to create a Municipally Controlled Corporation

Audio Recording of the August 26 Council meetinG (mp3)