Conservation Authority Issues Flood Watch

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"The city's proportion of residents aged 65 and over was about 25 per cent, compared with 16.7 percent in Ontario, reflecting Sault Ste. Marie's growing popularity as a retirement destination," Maniyar said.

The Sault Ste. Marie Region Conservation Authority would like to extend a warning to residents and visitors to use extreme caution when close to rivers, creeks and streams. High water levels and flows can be especially dangerous and stream banks can be slippery.

The Sault Ste. Marie area received 20-25 mm of rain overnight. Rain will continue over the remainder of the day and into overnight. Rain at times heavy will begin this afternoon and another heavier period of rain this evening.

Hurricane Nate may influence the potential for increased moisture to be available during this weather event.

Standard & Poor’s is an internationally recognized credit-rating agency that issues ratings for the debt of public and private corporations. (QMI AGENCY)"Although Sault Ste. Marie continues to gradually diversify away from its traditional resource-based economy, we believe that medium-term economic and related GDP growth will remain muted relative to that of some peers," S&P said.Surplus Furniture & Mattress Warehouse

"While some of the city's cash and investment is used to fund Essar Steel's $25 million of unpaid taxes, we expect cash and investments will rise on repayment."

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