Saskatchewan looks to boost critical mineral industry through new strategy
By The Canadian Press on March 27th, 2023
REGINA – The Saskatchewan government is launching a critical minerals strategy with the hope of growing the industry. It aims to double the number of critical minerals produced in Saskatchewan by 2030. It also wants industry to spend more on exploration. The province hopes to achieve this by expanding an exploration tax credit to 30 ... Read More »
Be the first to comment!US to adopt new restrictions on using commercial spyware
By Nomaan Merchant, The Associated Press on March 27th, 2023
WASHINGTON (AP) – The U.S. government will restrict its use of commercial spyware tools that have been used to surveil human rights activists, journalists and dissidents around the world, under an executive order issued Monday by President Joe Biden. The order responds to growing U.S. and global concerns about programs that can capture text messages ... Read More »
Be the first to comment!Budget to include rebate for groceries, increase RESP withdrawal limit: source
By The Canadian Press on March 27th, 2023
OTTAWA – A federal source says Tuesday’s budget will extend the temporary boost to the GST rebate for low-income Canadians, but will frame the payment as help with the rising cost of groceries. The government official, who was granted anonymity to discuss matters that will not be public until the budget is released, said it ... Read More »
Be the first to comment!Dye & Durham considering possible spin out of TM Group in addition to sale option
By The Canadian Press on March 27th, 2023
TORONTO – Dye & Durham Ltd. says it is considering spinning out its TM Group business in addition to a possible sale after agreeing with the United Kingdom’s competition regulator last year that it would dispose of the business. The UK’s Competition and Markets Authority (CMA) ordered the sale of the software company’s July 2021 ... Read More »
Be the first to comment!Two-thirds of Canadians with disabilities found barriers on planes, trains: audit
By The Canadian Press on March 27th, 2023
OTTAWA – About two-thirds of people with disabilities encountered barriers on federally regulated planes and trains in 2019 and 2020, highlighting a lack of consultation and enforcement by agencies involved, the federal auditor general says in a new report. Auditor general Karen Hogan says in the report that Via Rail and the Canadian Air Transport ... Read More »
Be the first to comment!Zelenskyy, atomic agency chief discuss nuclear plant fears
By Hanna Arhirova, The Associated Press on March 27th, 2023
ZAPORIZHZHIA, Ukraine (AP) – The U.N.’s atomic energy chief warned Ukrainian President Volodymyr Zelenskyy in a meeting Monday that the perilous situation at Europe’s largest nuclear plant “isn’t getting any better” as relentless fighting in the area puts the facility at risk of a nuclear disaster. The Zaporizhzhia plant, which continues to power war-torn Ukraine, ... Read More »
Be the first to comment!Troubled Silicon Valley Bank acquired by First Citizens
By The Associated Press on March 27th, 2023
NEW YORK (AP) – First Citizens will acquire much of Silicon Valley Bank, the tech-focused financial institution that collapsed this month, setting off a chain reaction that caused a second bank to fail and tested faith in the global banking sector. The Federal Deposit Insurance Corp. and other regulators had already taken extraordinary steps to ... Read More »
Be the first to comment!Onex to reduce proposed sunset provision for multiple-voting shares
By The Canadian Press on March 27th, 2023
TORONTO – Onex Corp. says it is shortening the proposed sunset provision for its multiple-voting shares to three years from its initial plan for five. The company says the change to the proposed plan, which will be voted on at the company’s annual meeting in May, comes after consultations with shareholders. Onex chairman and chief ... Read More »
Be the first to comment!Scotland to get 1st Muslim leader as SNP elects Humza Yousaf
By Jill Lawless, The Associated Press on March 27th, 2023
LONDON (AP) – Scotland’s governing Scottish National Party elected Humza Yousaf as its new leader on Monday after a bruising five-week contest that exposed deep fractures within the pro-independence movement. The 37-year-old son of South Asian immigrants is set to become the first person of color and the first Muslim to serve as Scotland’s first ... Read More »
Be the first to comment!Banks lead stock gains after First Citizens buys SVB assets
By Elaine Kurtenbach And Matt Ott, The Associated Press on March 27th, 2023
NEW YORK (AP) – Stocks are rising on Wall Street Monday as battered bank stocks show more strength, at least for now. The S&P 500 was 0.6% higher in early trading Monday. The Dow and the Nasdaq composite also rose. Markets have been in turmoil following the second-and third-largest U.S. bank failures in history earlier ... Read More »
Be the first to comment!Saudi Aramco to invest billions in Chinese petrochemicals
By The Associated Press on March 27th, 2023
RIYADH, Saudi Arabia (AP) – Saudi Arabia’s state-owned oil giant Aramco will invest billions of dollars in China’s downstream petrochemicals industry, including the construction of a new refinery, the company said in deals announced Sunday and Monday. The announcements came as the company posted a record profit of more than $160 billion in 2022 and ... Read More »
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