Newsletter n°8, Winter 2010

Global survey on Impact of the financial crisis on the Public Finance specialized banks and their regional and local partners. You find the survey here.

Click here to read the Press Release.

ICLC's Conference and General Assembly took place in Brussels, 14 - 16 October.

The Conference tackled the impact of the financial and economic crisis on banks specialised in public financing and their local partners.

All news

Newsletter n°8, Winter 2010

Survey shows that the autumn financial crisis did not lead to a credit crunch for Local Authorities.

Click here to read press release.

The International Centre for Local Credit present itself here.

Looking at the Urban century and gives a snapshot on the local status of a global crisis.

Alberta Capital Financing Authority

The ACFA is a non-profit Corporation established in 1956 under the authority of the Alberta Capital Finance Authority Act.

The Alberta Capital Finance Authority ("ACFA") is a provincial authority and acts only as an agent of the Alberta crown. Its business is to provide local entities with financing for capital projects. ACFA is able to borrow in capital markets at interest rates which would not be available to local authorities acting independently.

ACFA makes loans to Alberta municipalities, school boards and other local entities at interest rates based on the cost of its borrowings.

ACFA issues various types of debt obligations to borrow the funds necessary to finance loan requirements. These obligations of the Authority are unconditionally guaranteed by the Province of Alberta.

Alberta Capital Financing Authority (www.acfa.gov.ab.ca)

Financial information

Alberta Capital Finance Authority: 50 Years: 1956-2006 - Helping Alberta Grow