Business
Powerball jackpot up to $1.6 billion, new lottery record
By The Associated Press on November 4th, 2022
DES MOINES, Iowa (AP) – Strong sales boosted a Powerball jackpot to an estimated $1.6 billion on Friday, making it the largest lottery prize in history. A drawing will be held Saturday night for the Powerball prize, which hasn’t been won in more than three months. That string of 39 consecutive drawings without a winner ... Read More »
1 responseSmall businesses welcome Ottawa’s promised action on credit card fees
By The Canadian Press on November 4th, 2022
Small business advocates say the government’s mention of credit card transaction fees in Thursday’s fall economic statement is a positive step, but won’t help businesses deal with rising costs in the short term. The fiscal update said the government intends to enter into negotiations with payment networks, financial institutions, businesses and other stakeholders to lower ... Read More »
1 responseS&P/TSX composite up in late-morning trading, U.S. markets also pushed higher
By The Canadian Press on November 4th, 2022
TORONTO – Canada’s main stock index was up in late-morning trading amid strength in the financial, utilities and energy sectors, while U.S. stock markets also posted gains. The S&P/TSX composite index was up 282.65 points at 19,523.87. In New York, the Dow Jones industrial average was up 454.01 points at 32,455.26. The S&P 500 index ... Read More »
1 responseCanadian economy posts a positive surprise, adds 108,000 jobs in October
By Nojoud Al Mallees, The Canadian Press on November 4th, 2022
OTTAWA – The Canadian economy added 108,000 jobs in October, reversing much of the losses observed in recent months and surprising forecasters who were expecting a very modest bump in employment. In its latest labour force survey, Statistics Canada said Friday that the unemployment rate for last month held steady at 5.2 per cent as ... Read More »
1 responseEnbridge CEO says federal incentives for clean tech will spur investment in Canada
By Amanda Stephenson, The Canadian Press on November 4th, 2022
CALGARY – The new incentives for clean energy development in the federal government’s fall fiscal update will make a real difference in helping to attract investment capital to Canada, the chief executive of Enbridge Inc. said Friday. On a conference call to discuss the pipeline giant’s third quarter financial results, CEO Al Monaco said the ... Read More »
Be the first to comment!Business Beat: What’s old, is new again
By medicinehatnews on October 14th, 2020
Infill development. It’s an idea and practice that cities across North America are embracing, and with good reason. Infrastructure such as roads, water mains, and sewer lines are costly for municipalities when developing new sub-divisions. Infill improvement allows developers to capitalize on existing infrastructure through increased densification that can increase a city’s property tax base. ... Read More »
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