July 21st, 2018

Business

B.C.’s Site C dam project behind schedule, plagued by problems: expert

By Bob Weber, The Canadian Press on July 19th, 2018

British Columbia’s mammoth Site C hydro-electric project is seriously behind schedule, plagued by quality problems and marked by secrecy, says an assessment by an international dam expert. E. Harvey Elwin – hired by a First Nation asking for a court injunction to aspects of the dam’s construction – expresses concern about work at the job ... Read More »

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Zuckerberg’s Holocaust comment puts Facebook on the spot

By Barbara Ortutay, The Associated Press on July 19th, 2018

NEW YORK – Facebook CEO Mark Zuckerberg is clarifying his stance pertaining to Holocaust deniers after getting some blowback on social media. Zuckerberg, who is Jewish, said in an interview with Recode that Facebook posts denying the Holocaust took place would not be removed automatically. Zuckerberg said he thinks that there are things “that different ... Read More »

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Hawaii businesses seek lava viewing site to reignite tourism

By Audrey McAvoy, The Associated Press on July 19th, 2018

HONOLULU – Stunning images of Hawaii’s erupting Kilauea volcano have captivated people around the world. But ironically it’s nearly impossible for residents and visitors on the ground to see the lava – a fact that’s squeezing the tourism-dependent local economy. Big Island businesses are calling for a lava viewing site, but authorities say they’re finding ... Read More »

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Auto industry warns Trump administration of ‘alarming’ tariff fallout

By Andy Blatchford, The Canadian Press on July 19th, 2018

OTTAWA – The Trump administration heard plea after plea Thursday from the American automotive sector to back away from its threats to slap punitive tariffs on U.S. imports of vehicles and parts. Leaders representing different pockets of the domestic auto industry and related sectors sent warnings about duties that they warned would hurt competitiveness, drive ... Read More »

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Nova Scotia to launch allowance for people living in shelters, transition houses

By The Canadian Press on July 19th, 2018

HALIFAX – Nova Scotians living in homeless shelters and transition houses will begin receiving a monthly allowance in October. The Department of Community Services announced today that the province will spend $11 million to provide about $100 a month to help people buy things like personal hygiene items and other essentials. The allowance would be ... Read More »

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Sales jump for book by former US ambassador to Russia

By The Associated Press on July 19th, 2018

NEW YORK – A memoir by the former U.S. ambassador whom Russian officials have said they want to interview is in the top 10 on Amazon.com. Michael McFaul’s “From Cold War to Hot Peace: An American Ambassador in Putin’s Russia” was No. 6 as of midday Thursday. The book was published in May. Russian President ... Read More »

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Trump slams rate increases by independent Federal Reserve

By Zeke Miller And Ken Thomas, The Associated Press on July 19th, 2018

WASHINGTON – President Donald Trump is casting aside concerns about the Federal Reserve’s independence and saying he’s “not happy” with the central bank’s interest rate increases. Trump tells CNBC: “I don’t like all of this work that we’re putting into the economy and then I see rates going up.” The Fed last month raised its ... Read More »

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Greenpeace members arrested for climbing Olympic Stadium tower in Montreal

By Martin Leblanc, The Canadian Press on July 19th, 2018

MONTREAL – Several Greenpeace members climbed the outside of the Olympic Stadium tower in Montreal on Thursday to protest the federal government’s decision to buy the Trans Mountain pipeline project. The five climbers, who were equipped with cables and harnesses, ascended partway up the 165-metre-tall structure, which is built at a 45-degree angle. They then ... Read More »

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Rogers CEO sees new Ignite TV service as part of a ‘connected home’ revolution

By David Paddon, The Canadian Press on July 19th, 2018

TORONTO – Rogers Communications Inc. expects to ramp up marketing for its new Ignite TV service through the second half of this year as its “connected home” strategy builds momentum, chief executive Joe Natale said Thursday. “Don’t look at Ignite as sort of a big bang or one-day wonder. It’s really meant to be a ... Read More »

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Saskatchewan finishes 2017-18 with smaller deficit; still $303M in red

By The Canadian Press on July 19th, 2018

REGINA – Stronger that expected resource revenue helped the Saskatchewan government finish the last fiscal year with a deficit almost $400 million smaller than initially forecast. The province finished 2017-18 spending $303 million more than it took in. But that’s $393 million better than what was projected in last year’s budget. Finance Minister Donna Harpauer ... Read More »

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Comcast drops Fox bid, paving way for sale to Disney

By Mae Anderson, The Associated Press on July 19th, 2018

NEW YORK – Comcast is dropping its bid for Fox’s entertainment businesses, paving the way for Disney to boost its upcoming streaming service by buying the studios behind “The Simpsons” and X-Men. Comcast can now focus on its pursuit of European pay-TV operator Sky, a deal that would give the Philadelphia-based cable and media company ... Read More »

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