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business
Nisbet wildfire could cost $25M in timber losses
The Lobstick wildfire in the Nisbet Forest near Prince Albert continues to grow, having already charred more than 6,000 hectares, while local forestry operators warn of millions of dollars in potentia...
Nick Nielsen, paNOW.com
May 29, 2026
Nathan Peters standing on his acreage near MacDowall with the Lobstick fire burning in the background. As the onwer and operator of a sawmill, he anticipates millions of dollars in economic loss as the fire tears through timber in the provincial forest. (Nick Nielsen/paNOW)
Ottawa posts $55.3B deficit for 2025-26 fiscal year, based on monthly fiscal monitor
OTTAWA - The federal government posted a deficit of $55.28 billion for its 2025-26 fiscal year compared with a $43.15-billion deficit a year earlier, according to the Finance Department's monthly fisc...
The Canadian Press
May 29, 2026
$122M in EV rebate claims made since start of new program as dealers wait to be paid
OTTAWA - Canadians claimed more than $122 million in federal subsidies for new electric vehicles since Ottawa reintroduced its rebate program in February, but many car dealers say they're still waitin...
The Canadian Press
May 29, 2026
A car is charged at a charge station for electric vehicles on Parliament Hill in Ottawa on Wednesday, May 1, 2019. THE CANADIAN PRESS/Sean Kilpatrick
In the news today: Canada-China relations, Kenneth Law to enter plea, Habs vs. Canes
Here is a roundup of stories from The Canadian Press designed to bring you up to speed... China's foreign minister Wang Yi set to meet Carney, Anand today China's foreign minister Wang Yi is in Ottawa...
The Canadian Press
May 29, 2026
Economists pour cold water on recession talk after Canada's economy stalls in Q1
OTTAWA - Canada's economy is still struggling to grow but some economists weighing in on the latest real gross domestic product results Friday argued that weakness may not qualify as a recession. Stat...
The Canadian Press
May 29, 2026
Canada committed to deepening ties with China, Anand tells Chinese minister
OTTAWA - Just days after a Canadian warship passed through the Taiwan Strait - defying Beijing's warning that such transits undermine the bilateral relationship - Foreign Affairs Minister Anita Anand ...
The Canadian Press
May 29, 2026
Bill to cut tax on some food in Manitoba passes after long nights of debate
WINNIPEG - Manitoba's budget bill, which includes a tax cut on some foods, passed through a final vote early Friday after long days and nights of acrimonious debate. The move paves the way for the eli...
The Canadian Press
May 28, 2026
Cameco resumes production after spring floods disrupted operations
Cameco's McArthur River mine and Key Lake mill in northern Saskatchewan are back at full production after spring flooding disrupted operations. The company made the announcement on Wednesday. Read mor...
Susan McNeil, paNOW
May 28, 2026
Cameco said it has found an alternate way to get deliveries in and out of its Key Lake and McArthur River facilities after the collapse of the Smoothstone River Bridge recently. (Submitted)
Tesla threatens legal action over Manitoba's end to EV rebate for company vehicles
WINNIPEG - The Manitoba government said Thursday it is facing potential legal action over its decision to remove auto manufacturer Tesla from its rebate program for electric vehicles. Premier Wab Kine...
The Canadian Press
May 28, 2026
Liberals say they can’t overturn decision tripling streamers' Cancon contributions
OTTAWA - The Conservatives called on the Liberals Thursday to "reject" the CRTC's recent decision tripling streamers' financial contributions, but the government says it doesn't have that power. The b...
The Canadian Press
May 28, 2026
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