March 23rd, 2017

Business

Federal budget’s $30M for Alberta’s oil and gas industry for orphan wells: Notley

By The Canadian Press on March 22nd, 2017

EDMONTON – Alberta Premier Rachel Notley says $30 million the federal government is giving to the province for the oil and gas industry is good news. She says her government will use the money to focus on reclaiming orphan oil wells and getting oilfield workers back to work. Notley says they have been lobbying Ottawa ... Read More »

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Koch network spending millions to stop GOP health care bill

By Steve Peoples, The Associated Press on March 22nd, 2017

WASHINGTON – The conservative Koch network is promising to spend millions of dollars to defeat the health care overhaul backed by President Donald Trump and top House Republicans. The network’s leading organizations, Americans for Prosperity and Freedom Partners, announced late Wednesday the creation of a special fund to support House members who vote against the ... Read More »

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Federal investments appear to match B.C. housing, transit initiatives: De Jong

By The Canadian Press on March 22nd, 2017

VANCOUVER – B.C. Finance Minister Mike De Jong says today’s federal budget appears to be in line with provincial initiatives on affordable housing, child care and transit. De Jong calls a new $11.2 billion national housing fund a “relevant and significant” amount of money. He says it’s still unclear how large a share B.C. will ... Read More »

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Husky spill in southwest Alberta estimated at 25,000 litres; cleanup going well

By The Canadian Press on March 22nd, 2017

CALGARY – Husky Energy says about 25,000 litres of crude oil leaked from one of its pipelines in southwestern Alberta last week. Spokesman Mel Duvall said in an email to The Canadian Press that cleanup at the site at Cox Hill Creek west of Bragg Creek is progressing well. But he added the terrain where ... Read More »

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Leaders need votes for health bill on eve of House showdown

By Alan Fram And Ricardo Alonso-Zaldivar, The Associated Press on March 22nd, 2017

WASHINGTON – Their top legislative priority dangling in peril, President Donald Trump and Republican leaders cajoled recalcitrant GOP lawmakers Wednesday to back their health care overhaul. A day ahead of a long-awaited House showdown roll call, conservatives insisted they had the votes to torpedo the measure and the number of lawmakers publicly expressing opposition snowballed. ... Read More »

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Puerto Rico’s sole deal with bondholders in jeopardy

By Danica Coto, The Associated Press on March 22nd, 2017

SAN JUAN, Puerto Rico – The sole tentative debt restructuring deal that Puerto Rico reached after two years of negotiations is in jeopardy after federal control board officials said Wednesday that they would support the U.S. territory’s push to amend the agreement. Many believe changes to the deal could mean a deeper cut for investors ... Read More »

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Google’s YouTube losing major advertisers upset with videos

By Michael Liedtke, The Associated Press on March 22nd, 2017

SAN FRANCISCO – AT&T, Verizon and several other major advertisers are suspending their marketing campaigns on Google’s YouTube site after discovering their brands have been appearing alongside videos promoting terrorism and other unsavoury subjects. The spreading boycott confronts Google with a challenge that threatens to cost it hundreds of millions of dollars. YouTube’s popularity stems ... Read More »

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Jobs training and EI changes a ‘pleasant surprise’ for Newfoundland

By The Canadian Press on March 22nd, 2017

ST. JOHN’S, N.L. – Newfoundland and Labrador’s finance minister says the federal budget’s job training and Employment Insurance measures will offer much needed help. Cathy Bennett says those items were a “pleasant surprise” that will come in handy for an aging province facing big deficits. The federal budget delivered Wednesday offers $2.7 billion over six ... Read More »

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Federal budget in line with Nova Scotia’s priorities: finance minister

By The Canadian Press on March 22nd, 2017

HALIFAX – Nova Scotia’s finance minister says the measures contained in the federal budget are in line with the priorities in his province. Randy Delorey says the budget’s investments in such things as infrastructure, tech innovation, education, training opportunities and social housing are all measures that are important to Nova Scotia. In particular, Delorey says ... Read More »

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Hard times for Sears as retailer notes doubt about future

By Anne D'Innocenzio And Hannah Weikel, The Associated Press on March 22nd, 2017

NEW YORK – Sears, a back-to-school shopping destination for generations of kids, has said that after years of losing money that there is “substantial doubt” it will be able to keep its doors open. But it also insisted that its actions to turn around its business should help reduce that risk. It was still a ... Read More »

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Higher Saskatchewan sales tax in budget that eats away at deficit

By Jennifer Graham, The Canadian Press on March 22nd, 2017

REGINA – Saskatchewan residents will have to dig deeper into their pockets for everything from home renovations to alcohol as the government increases the provincial sales tax to help tackle a $1.3-billion deficit. The budget tabled in the legislature Wednesday raises the PST to six per cent from five and applies the tax to things ... Read More »

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