Category Archives: Economy
Federal budget the first important moment for NDP-Liberal pact, says finance critic
OTTAWA — The NDP is watching to see that spending pledges made in a deal with the Liberals are honoured by the government in this week's federal budget, says a finance spokesman. Daniel Blaikie said the budget is "the first important
P.E.I. potato shipments to U.S. expected to resume early this week following ban
CHARLOTTETOWN — The first potato shipments destined for the United States are expected to leave Prince Edward Island early this week following the lifting of a crippling four month ban. The U.S. Department of Agriculture issued its final order on Frida...
Lithuania cuts off Russian gas imports, urges EU to do same
VILNIUS, Lithuania (AP) — Lithuania says it has cut itself off entirely of gas imports from Russia, apparently becoming the first of the European Union's 27 nations using Russian gas to break its energy dependence upon Moscow.
Biden cites economic gains, but voters see much more to do
WASHINGTON (AP) — Seven months before he faces a critical test from voters in the midterm elections, President Joe Biden is turning his focus to kitchen-table issues as he struggles to get credit for a recovering economy.
Live updates | Ukraine’s leader asks help in Grammys video
LAS VEGAS — Ukrainian President Volodymyr Zelenskyy has appeared in a video at the Grammy Awards asking for support in telling the story of Ukraine's invasion by Russia.
Sri Lanka’s sports minister quits, Cabinet offers to resign
COLOMBO, Sri Lanka (AP) — Sri Lanka's sports minister and the president's nephew, Namal Rajapaksa, has resigned from his position amid growing public outrage over the country's economic crisis and shortages of food, fuel and medicines.
Nova Scotia Realtors question whether tax on non-residents will ease housing shortage
HALIFAX — New tax measures aimed at non-resident property owners announced in Tuesday's Nova Scotia budget are sending the wrong message, Realtors in the province say. As of Friday, non-residents who buy a property and do not move to the province
EXPLAINER: What’s next for Europe’s natural gas during war?
Russian President Vladimir Putin is demanding payment in rubles for natural gas — or else. Germany is talking about gas rationing in case of a cutoff. Prices for the fuel used to heat homes, generate electricity and power industry are
Live updates | Zelenskyy: Troops shell retreating Russians
LVIV, Ukraine – President Volodymyr Zelenskyy said Ukrainian troops retaking areas around Kyiv and Chernihiv are not allowing Russians to retreat without a fight, but are “shelling them. They are destroying everyone they can.”
Fossil fuel backers overshadow climate change talks in Dubai
DUBAI, United Arab Emirates (AP) — A flurry of summits this week across Dubai addressed the threat of climate change, or at least acknowledged that a pivot away from fossil fuels toward cleaner sources of power is needed to keep
