Archive For The “CanadaEconomy” Category

Port Saint John West Side Modernization Project takes next step

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Port Saint John West Side Modernization Project takes next step

Officials say it’s the first visible sign of the massive West Side Modernization Project at the Port of Saint John.READ MORE: $136 M Port Saint John investment announced by federal, provincial governments Story continues below Last week, bore hole testing took place and on Monday, Port Saint John announced the joint venture firm Hatch Dillon had been…

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Ignite Fredericton AGM shows continued growth in region

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Ignite Fredericton AGM shows continued growth in region

The economic development organization Ignite Fredericton is reporting business growth and job creation in 2016, which is helping to deliver their Vision 2020 Economic Development Strategy.READ MORE: N.B. students, businesses gather to discuss keeping graduates in province Story continues below At their annual general meeting Wednesday, Ignite announced 48 new startups – contributing 327 jobs to the region…

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Vancouver joins Resilient Cities Network to help overcome urban challenges

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Vancouver joins Resilient Cities Network to help overcome urban challenges

The City of Vancouver has joined with a group of cities from around the world in trying to find innovative ways in dealing with urban challenges of the 21st century.Vancouver is now part of what is known as the 100 Resilient Cities Network. It will include access to millions of dollars worth of free services,…

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Trump understands that U.S. runs trade surplus with Canada: Chrystia Freeland

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Trump understands that U.S. runs trade surplus with Canada: Chrystia Freeland

OTTAWA – Foreign Affairs Minister Chrystia Freeland is taking aim a core assumption of Donald Trump‘s upcoming review of American trading partners – she said Friday the U.S. has a trade surplus with Canada, not the other way around.Freeland’s assessment comes as Trump prepares to hold his country’s major trading partners to account. The president…

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Cenovus Energy buying most of ConocoPhillips’ Canadian assets for $17.7B

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Cenovus Energy buying most of ConocoPhillips’ Canadian assets for $17.7B

Calgary-based Cenovus Energy says it will spend $17.7 billion to acquire most of the Canadian assets of ConocoPhillips, making the Houston-based company the latest international player to exit the oilsands.The deal includes ConocoPhillips’s 50 per cent interest in the FCCL Partnership, an oilsands venture between the two companies in northern Alberta.More Coming. © 2017 The Canadian Press

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Rachel Notley and Brad Wall continue to trade jabs over budget philosophy

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Rachel Notley and Brad Wall continue to trade jabs over budget philosophy

CALGARY – Alberta Premier Rachel Notley and Saskatchewan Premier Brad Wall continue to take jabs at one another over their provincial budgets.Notley’s government tabled a budget this month that relies on economic growth to reach balance in six years, while Wall’s budget boosts the provincial sales tax and cuts spending with the aim ofdoing it in three. Story continues…

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Alberta, Saskatchewan beef industry not hurt by bovine TB outbreak: Western Stock Growers

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Alberta, Saskatchewan beef industry not hurt by bovine TB outbreak: Western Stock Growers

The Western Stock Growers Association says the bovine tuberculosis outbreak in Alberta and Saskatchewan has not harmed the beef industry.Dr. Bill Newton, the organization’s honorary president, said Wednesday that Canadian beef is still going to slaughter and added international trade has not fallen off.READ MORE: What is bovine tuberculosis?“For those 18 individual producers and all…

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Alberta’s Top 70 employers for 2017

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Alberta’s Top 70 employers for 2017

Forward-thinking, progressive workplaces. Those are the words used by Mediacorp Canada Inc. to describe Alberta’s top employers.Mediacorp Canada, which organizes the national Canada’s Top 100 Employers project, released its list of the Top 70 employers in Alberta Wednesday.There is a wide variety of companies on the list, including several construction and oil and gas companies,…

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Sea Keeper mural on its maiden voyage to Ohio

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Sea Keeper mural on its maiden voyage to Ohio

It’s the first day of spring and that means the St. Lawrence Seaway is once again open for business after being closed for the winter season. Story continues below Related Montreal pit bull mural protests city’s proposed dog regulations To commemorate the occasion, the St. Lawrence Seaway Management Corporation and the Canadian Steamship Lines (CSL)…

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Just 1 in 3 targeted jobs materialize through NS payroll subsidies

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Just 1 in 3 targeted jobs materialize through NS payroll subsidies

Just one in three potential jobs announced by Nova Scotia’s economic development agency through its payroll rebate program actually materialized over the past four years, a figure rekindling debate over the impact of the incentives.READ MORE: NSBI payroll rebate program created half the jobs it touted Story continues below Data obtained by The Canadian Press covering…

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