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Tag Archives:
business
Damages in Jasper wildfire rise to $1.2B, goal to clear rubble for May construction
JASPER, ALTA. - The Insurance Bureau of Canada says last year's wildfire in Jasper, Alta., which destroyed one-third of the town's homes and buildings, is the second costliest fire disaster in the cou...
The Canadian Press
Jan 29, 2025
Ontario judge begins hearing arguments over landmark $32.5-billion tobacco settlement
TORONTO - An Ontario judge began hearing arguments Wednesday about whether to approve a landmark $32.5-billion settlement that would see three major tobacco companies compensate provinces, territories...
The Canadian Press
Jan 29, 2025
NDP urges action on pharmacare, dental care as health ministers meet in Halifax
OTTAWA - The federal New Democrats are urging the Liberal government to move quickly to complete expansion of the dental care program and start signing deals with the provinces and territories to begi...
The Canadian Press
Jan 29, 2025
BoC cuts key rate by quarter point to 3% as tariffs threat loom
OTTAWA - The Bank of Canada delivered another interest rate cut on Wednesday, reducing its policy rate by a quarter percentage point to three per cent. But looming U.S. tariffs are weighing on the cen...
The Canadian Press
Jan 29, 2025
Most Canadian business leaders support retaliatory tariffs: KPMG
TORONTO - The vast majority of Canadian business leaders want a targeted, dollar-for-dollar retaliatory response if the United States delivers on its tariff threats this week, a new KPMG in Canada sur...
The Canadian Press
Jan 29, 2025
Smith announces new Crown corporation to oversee Alberta's rainy day fund
Alberta Premier Danielle Smith announced a new Crown corporation Wednesday to oversee the province's rainy day fund. The Heritage Fund Opportunities Corp. is to direct policy for the Heritage Fund, wh...
The Canadian Press
Jan 29, 2025
Trump's pick for commerce says president's tariff threat could be just the beginning
WASHINGTON - The man U.S. President Donald Trump has chosen to oversee his tariff agenda says hitting Canada with 25 per cent across-the-board duties would be an emergency measure to achieve border se...
The Canadian Press
Jan 29, 2025
Alberta pension manager cuts 19 employees, including DEI program lead
EDMONTON - Alberta's public pension manager has laid off 19 employees and cut their positions, including the role of running its diversity, equity and inclusion program. A spokesperson for the Alberta...
The Canadian Press
Jan 28, 2025
Trump's press secretary says Feb. 1 deadline for tariffs 'still on the books'
WASHINGTON - U.S. President Donald Trump's press secretary says the plan to slap Canada with punishing tariffs on Saturday is still in play. Karoline Leavitt told reporters at the White House that she...
The Canadian Press
Jan 28, 2025
“This is a process and we will be working through this process, I would expect for some time. People should get ready for a bit of a bumpy ride,” said Canada’s Minister of Energy and Natural Resources Jonathan Wilkinson, who was in Saskatoon on Tuesday. (THE CANADIAN PRESS/Sean Kilpatrick)
Ottawa's 'meh' budget drew skepticism from public, finance department was told
OTTAWA - Vague, mediocre, "smoke and mirrors" - even "meh." Those are all words Canadians used to describe the Liberal government's last budget in a series of focus groups, summarized in a report comp...
The Canadian Press
Jan 28, 2025
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