October 17th, 2021

Business

Residents told not to use Iqaluit’s tap water after observing evidence of fuel

By The Canadian Press on October 13th, 2021

IQALUIT, Nunavut – The City of Iqaluit has declared a local state of emergency after finding evidence of gasoline in its tap water. All Iqaluit residents are being told not to drink, boil or cook with the city’s water. A statement issued by the Nunavut government said there is observed evidence of petroleum hydrocarbons, or ... Read More »

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William Shatner, TV’s Capt. Kirk, boards rocket for blastoff

By Marcia Dunn And Rick Taber, The Associated Press on October 13th, 2021

VAN HORN, Texas (AP) – Hollywood’s Captain Kirk, 90-year-old William Shatner, climbed aboard a rocket ship along with three fellow passengers for a real-life ride into space Wednesday, courtesy of “Star Trek” fan Jeff Bezos. The four began strapping in for a morning launch from remote West Texas on a trip expected to last just ... Read More »

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Aim to ease supply chain bottlenecks with LA port going 24/7

By Josh Boak, The Associated Press on October 13th, 2021

WASHINGTON (AP) – The White House said Wednesday it has helped broker an agreement for the Port of Los Angeles to become a 24-hour, seven-days-a-week operation, part of an effort to relieve supply chain bottlenecks and move stranded container ships that are driving prices higher for U.S. consumers. President Joe Biden planned to discuss the ... Read More »

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Ontario Teachers’ buys majority stake in elevator component company Vantage Solutions

By The Canadian Press on October 13th, 2021

TORONTO – Ontario Teachers’ Pension Plan Board has signed a deal to buy a majority stake in elevator component manufacturer Vantage Elevator Solutions. Financial terms of the sale were not disclosed. Under agreement, Vantage’s current owner, Golden Gate Capital, will keep a significant minority stake in the company. Vantage has eight business units including GAL, ... Read More »

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Social Security COLA largest in decades as inflation jumps

By Ricardo Alonso-zaldivar And Christopher Rugaber, The Associated Press on October 13th, 2021

WASHINGTON (AP) – Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022. The biggest cost-of-living adjustment in 39 years follows a burst in inflation as the economy struggles to shake off the drag of the coronavirus pandemic. The COLA, as it’s commonly known, amounts to $92 a month for ... Read More »

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Inflation rises 5.4% from year ago, matching 13-year high

By Christopher Rugaber, The Associated Press on October 13th, 2021

WASHINGTON (AP) – Consumer prices rose 0.4% last month, slightly higher than August’s gain and pushing annual inflation back to the highest increase in 13 years. The consumer price index rose 5.4% in September from a year ago, up slightly from August’s gain of 5.3% and matching the increases in June and July. Excluding the ... Read More »

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Sarnia, Ont., mayor welcomes planned U.S. land border reopening

By The Canadian Press on October 13th, 2021

The mayor of an Ontario border city says he welcomes the news that fully vaccinated Canadians will be able to drive into the United States starting next month. But Sarnia Mayor Mike Bradley says he believes Canadians will be cautious about driving south for day trips and vacations given that many parts of the U.S. ... Read More »

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KPMG survey finds most small and medium-sized businesses have optimistic outlook

By The Canadian Press on October 13th, 2021

A survey by auditing firm KPMG suggests the vast majority of Canadian small and medium enterprises (SME) are optimistic about long-term growth post-pandemic. Ninety-two per cent of SMEs said they’re confident they have the right strategies to overcome short-term hurdles and grow their company in the next three years. The survey found that issues around ... Read More »

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White House: LA port going 24/7 to ease shipping backlog

By Josh Boak, The Associated Press on October 13th, 2021

WASHINGTON (AP) – White House officials say they helped broker an agreement for the Port of Los Angeles to become a 24-hour, seven-days-a-week operation, part of an effort to relieve supply chain bottlenecks and move stranded container ships that are driving prices higher for U.S. consumers. President Joe Biden planned to discuss the agreement during ... Read More »

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After 19 months, U.S. land border to reopen to vaccinated Canadians in November

By James McCarten, The Canadian Press on October 12th, 2021

WASHINGTON – Fully vaccinated Canadian vacationers and day-trippers will be allowed to drive into the United States beginning in early November, the Biden administration said Tuesday, the first glimmer of hope in nearly 20 months for the families and businesses that depend on two-way traffic across the Canada-U.S. border. Senior government officials delivered the news ... Read More »

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U.S. land border to reopen to vaccinated Canadians in November, says congressman

By The Canadian Press on October 12th, 2021

WASHINGTON – A congressman from New York state says the United States plans to reopen its land border to vaccinated Canadians in November. In a statement, Rep. Brian Higgins says proof of vaccination will be required for Canadians to enter. He did not give a specific date, but he said further details will be announced ... Read More »

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