Category Archives: Economy
Minister optimistic P.E.I. potato shipments to Puerto Rico could resume soon
FREDERICTON — The federal agriculture minister is optimistic the United States could approve the resumption of shipments of Prince Edward Island potatoes to the key market of Puerto Rico within weeks. Marie-Claude Bibeau and Island MP Lawrence MacAula...
Montana curbs wolf hunt after 23 from Yellowstone killed
BILLINGS, Mont. (AP) — Montana wildlife commissioners on Friday moved to shut down gray wolf hunting in a portion of the state around Yellowstone National Park, amid mounting criticism over a record number of the animals shot or trapped after
Federal government posts $73.7B deficit for April-to-November period
OTTAWA — The federal government ran a budget deficit of $73.7 billion for the April to November period of the current fiscal year. The Finance Department says the result compared with a deficit of $232 billion in the same period a
After huge pandemic losses, governments see rapid rebound
State and local governments lost at least $117 billion of expected revenue early in the pandemic, according to an Associated Press analysis, but many are now awash in record amounts of money, boosted partly by federal aid.
Vatican selling London property at heart of fraud trial
ROME (AP) — The Vatican said Friday it has signed a contract to sell a luxury London building that is at the heart of a fraud and embezzlement trial under way in the Vatican's criminal tribunal, recovering more than it
Austria: $1.9B relief package to offset rising energy prices
VIENNA (AP) — Austria will subsidize household energy costs with a 1.7-billion-euro ($1.9-billion) relief package to offset rising prices, Chancellor Karl Nehammer announced on Friday. The relief
Ukraine crisis updates: What to know amid the fears of war
WARSAW, Poland (AP) — High-stakes diplomacy continued on Friday in a bid to avert a war in Eastern Europe. The urgent efforts come as 100,000 Russian troops are massed near Ukraine's border and the Biden administration worries that Russian
US judge won’t rein in federal wild horse roundup in Nevada
RENO, Nev. (AP) — A federal judge decided Friday not to rein in the roundup and capture of wild horses in eastern Nevada, rejecting advocates' claims the federal government was “needlessly and recklessly” killing free-roaming mustangs in violation of U...
Federal judge throws out oil lease sale in Gulf of Mexico
WASHINGTON (AP) — A federal court has rejected a plan to lease millions of acres in the Gulf of Mexico for offshore oil drilling, saying the Biden administration did not adequately take into account the lease sale's effect on planet-warming
Nova Scotia Power seeks 10 per cent rate hike and system to defer green energy costs
HALIFAX — Nova Scotia's power utility is asking for an average general rate increase for residential customers of 9.9 per cent over three years, with possible additional costs due to severe weather and energy efficiency costs. Nova Scotia Power's incre...
