CityWest's city receives $400,000 in annual distribution

PRINCE RUPERT – Municipally owned network operator CityWest has transferred its annual distribution payment of $400,000 to its sole shareholder, the City of Prince Rupert.Since it spun out into a corporation in 2005, CityWest has provided the city of Prince Rupert with $7.5 million in dividends and distribution payments, as well as over $1.8 million in local taxes and levies, the company said in a release. CityWest employs over 80 people and provides internet, phone and television to more than 15,000 business and residential customers.Over the past year, CityWest has expanded into more communities in the Bulkley Valley, from Lake...