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Tag Archives:
Economy
Freeland announces $199 million in support for low-income renters, shelters
OTTAWA - Finance Minister Chrystia Freeland says the federal government is putting nearly $200 million in new money toward supporting low-income renters and shelters. Ottawa is pouring an additional $...
The Canadian Press
Feb 06, 2024
OSC board extends Grant Vingoe's term as the regulator's chief executive
TORONTO - The board of directors at the Ontario Securities Commission has extended Grant Vingoe's term as chief executive officer for five years. Vingoe was both chair and CEO of the OSC before the ro...
The Canadian Press
Feb 06, 2024
Crypto mining company loses bid to force BC Hydro to provide power
VANCOUVER - A cryptocurrency firm has lost a bid to force BC Hydro to provide the vast amounts of power needed for its operations, upholding the provincial government's right to pause power connection...
The Canadian Press
Feb 05, 2024
Feds unveil web tool to track representation, pay disparity for women, minorities
Ottawa launched a new pay transparency website Friday to better illustrate how women, visible minorities, people with disabilities and Indigenous Peoples are represented and paid at federally regulate...
The Canadian Press
Feb 02, 2024
Increase in U.S. softwood lumber duties 'entirely unwarranted,' trade minister says
OTTAWA - The federal government is lashing out at the U.S. Commerce Department over plans to raise duties on Canadian softwood lumber. International Trade Minister Mary Ng says the U.S. has signalled ...
The Canadian Press
Feb 01, 2024
Interest rates not to blame for housing crisis, Macklem says
OTTAWA - Bank of Canada governor Tiff Macklem says the central bank can't solve the housing crisis with interest rates because the root cause is a supply shortage. Macklem appeared before MPs on the f...
The Canadian Press
Feb 01, 2024
Champagne says he's working phones to court new players for Canadian grocery market
OTTAWA - Industry Minister Franois-Philippe Champagne is once again insisting that he is reaching out to international grocers in the hopes they will open up shop in Canadaand spur more competition. C...
The Canadian Press
Jan 30, 2024
Bank of Canada signals possible cuts as key interest rate held at 5%
The Bank of Canada held its key interest rate at five per cent this week, and is now looking ahead to potential rate reductions. While Wednesday marked the fourth time in a row that the bank has left ...
CKOM News
Jan 25, 2024
Canada's central bank held its key interest rate at five per cent this week. (650 CKOM file photo)
Some Sask. businesses still struggling to repay CEBA loans
According to the federal government, a quarter of the businesses that received a Canada Emergency Business Account (CEBA) loan didn't pay it back when the deadline hit on Jan. 18. Businesses throughou...
Shane Clausing
Jan 24, 2024
Keith Moen with the NSBA says many businesses are still feeling the pressures from the COVID-19 pandemic. (650 CKOM file photo)
Saskatoon's Charlie Clark says 2023 was a year of financial challenges
Saskatoon Mayor Charlie Clark says 2023 was a year of both uncertainty and big financial challenges. It began with a city-wide plan to clear at least 34 centimetres of snow that fell between Christmas...
Lara Fominoff
Jan 03, 2024
Saskatoon Mayor Charlie Clark says 2023 brought a number of unexpected challenges for the city. (Lara Fominoff/650 CKOM)
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