The City of Burnaby approved a grant of $100,000 to the Burnaby Board of Trade at Monday night's council meeting.

The board receives an annual grant for the operation of the city's economic development program, given in quarterly install-ments of $25,000, starting in October.

The board president, Paul Holden, and the chair of the board of directors, Leza Muir, made a presentation on the board's achievements to the city's finance and civic development committee on Oct. 25.