[ad_1] The Canadian government is backing up to C$2 billion ($1.5 billion) in new commercial loans for Trans Mountain Corp (TMC), the crown corporation building an over-budget and long-delayed oil…
Tag: local news
Opinion: Trudeau’s Liberals broke Canada’s immigration system. Here’s how they can fix it
[ad_1] The Trudeau Liberals have begun to find words to describe how they broke Canada’s immigration system, which was once a model for the world. But they have yet to…
Bank of Canada officials more confident that rates are high enough, according to meeting summary
[ad_1] Open this photo in gallery: The bank’s next interest rate decision is on Jan. 24.Sean Kilpatrick/The Canadian Press Top officials at the Bank of Canada are growing more confident…
Canadian airlines are using NDAs to keep a lid on passenger settlements
[ad_1] Colleen Dafoe was at the Halifax airport last December with her husband and daughter when WestJet told her their trip was cancelled. The airline suggested rescheduling them on a…
Canada’s inflation rate holds surprisingly steady on pressure from services
[ad_1] Canada’s inflation rate unexpectedly held steady in November as higher prices for housing put pressure on consumers, although this was mitigated by lower prices for gasoline and smartphone plans.…
Auto industry wins concessions on hybrid vehicles under Canada’s zero-emissions regulations
[ad_1] Open this photo in gallery: Environment Minister Steven Guilbeault announces details of Ottawa’s plan to eventually phase out the sale of gas-powered vehicles in Canada, on Dec. 19.Frank Gunn/The…
Ottawa delays launch of innovation funding agency Canada Innovation Corporation
[ad_1] Open this photo in gallery: Chrystia Freeland, Minister of Finance, speaks at a meeting of federal, provincial, and territorial finance ministers in Toronto on Dec. 15, 2023.Nathan Denette/The Canadian…
U.S. Steel expecting $250 million in EBITDA in fourth quarter
[ad_1] U.S. Steel announced it’s expecting $250 million in earnings before interest, taxes, depreciation and amortization in the fourth quarter. The Pittsburgh-based steelmaker, one of the Calumet Region’s largest employers, released…
Canadian wholesale sales, excluding petroleum products, oilseeds and grains, fell 0.5% in October
[ad_1] Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseeds and grain, fell 0.5 per cent to $81.7-billion in October. The agency says sales…
City Market’s 2-year closure has vendors concerned about the future of their businesses
[ad_1] INDIANAPOLIS — City Market, the longtime downtown establishment, will close for two years beginning March 2024 as part of the City Market East Project. The $200 million joint venture…