Vermont Business Magazine Phase 2 is in the waning days of the 2017 construction season and the whole team is working hard to pave the remaining 1 ¼ miles from North Beach to Shore Road. Meanwhile, the push is on to complete as many intersections as possible before winter shutdown. As long as Mother Nature stamps an OK, our contractor plans to move in paving equipment today (Friday, November 17) and begin laying the base course of asphalt.
Vermont Business Magazine Vermont's Congressional Delegation recently secured $18.9 million dollars in federal funding for the Low-Income Heating Assistance Program. These funds will help 20,000 Vermont households keep warm this winter. Low-income households across Vermont can expect to receive an average of $879 to assist with winter heating costs.
Vermont Business Magazine US Senator Bernie Sanders (I-Vermont) held a student town meeting Friday with the entire student body of Burlington High School and the Burlington Technical Center to discuss the opioid crisis in Vermont and throughout the United States. “I need your help. Not only for Vermont, but for the entire country,” Sanders told the students. “It is critically important that we have an honest and open discussion about this crisis that claimed the lives of 112 Vermonters last year, and affected thousands more. If we do not have the courage to talk about this issue. We are never, ever going to solve it.”
Vermont Business Magazine OneCare Vermont, a Vermont Accountable Care Organization, announced today a major investment in an innovative pilot program to improve the quality of mental health and substance use treatment services for residents of two Burlington area housing communities specializing in the coordination of care and services for older adults and those with special needs.
Vermont Business Magazine The University of Vermont and its faculty union, United Academics, remain at impasse following negotiations facilitated by a mediator. Under established Vermont law procedures, the next step in the process involves an independent fact-finder, who will review evidence from both parties and offer a recommended resolution. The parties may accept the recommendations of the fact-finder or negotiate further in an effort to reach a contract settlement.
Vermont Business Magazine Senate Appropriations Committee Vice Chairman Patrick Leahy (D-Vermont) Friday issued the following statement on the Trump Administration’s emergency supplemental request, totaling $44 billion, to address recent natural disasters. Earlier this month, Leahy and Senator Schumer led a letter outlining what Senate Democrats believe should be contained in the supplemental request.
Public Assets Institute Vermont’s unemployment held steady at 2.9 percent last month—the sixth-lowest rate in the nation. But that was the rate for all workers. For the last few years, joblessness among men has exceeded the rate for women by almost a full percentage point.
Vermont Business Magazine On Thursday over 200 friends, family and community members, and community partners gathered at Trader Duke’s Hotel in South Burlington to celebrate Norwich University President Richard W Schneider as the Vermont Chamber of Commerce’s Citizen of the Year. Schneider was selected by the Vermont Chamber of Commerce for the Citizen of the Year Award for his extensive community leadership and continual devotion to the betterment of Vermont.
by Timothy McQuiston Vermont Business Magazine Mount Snow, which was delayed last year in its efforts to expand using EB-5 foreign investor funds through the state's regional center, has received approval to open its own regional center.
by Timothy McQuiston Vermont Business Magazine The Vermont unemployment rate was unchanged in October, but all the major indicators showed improvement, with even the Labor Force growing slightly. Private employment was up, while Government employment lost 1,200 jobs, almost entirely from State held positions. The Vermont Department of Labor announced today that the seasonally-adjusted statewide unemployment rate for October was 2.9 percent. This reflects no change from the revised September rate. The national rate in October was 4.1 percent. Overall, Vermont’s unemployment rate was tied for the sixth lowest in the country. New Hampshire was tied for third (2.7 percent); Hawaii was lowest (2.2 percent); and Alaska was highest (7.2 percent). As of the prior month’s preliminary data, the Burlington-South Burlington Metropolitan NECTA was tied for the 15th lowest unemployment rate in the country for all metropolitan areas.
Vermont Business Magazine New England residents on Thursday hit Eversource Energy and Avangrid Inc with a class-action lawsuit stating that the two energy companies caused electricity consumers to incur overcharges of $3.6 billion in a years-long scheme that impacted six states and affected 14.7 million people, according to the lawsuit filed in federal court in Boston. The lawsuit, filed November 14, 2017, in the US District Court for the District of Massachusetts states that 7.1 million retail electricity customers and an overall population of 14.7 million people have been affected by Eversource and Avangrid’s “unique monopoly” spanning at least from 2013 to 2016. The scheme raised electric prices by at least 20 percent for those living in Massachusetts, Maine, Vermont, New Hampshire, Connecticut and Rhode Island. The complaint alleges the scheme violates multiple federal and state competition laws and state consumer protection statutes.
by Ansley Bloomer, Assistant Director, Renewable Energy Vermont A healthy working landscape is a crucial part of Vermont’s identity. With almost 80 percent of Vermont covered in forested land, wood markets provide a sustainable economic solution for rural Vermont communities. Stewardship of these natural resources is essential, so historically we have relied on low-grade wood markets to incentivize the tasks essential to maintaining forest health.