Category Archives: Economy
Quebec budget update: 6.5 per cent GDP growth and cash payments to offset inflation
QUEBEC — Boasting that Quebec's economic growth is outpacing growth in the United States, Finance Minister Eric Girard presented a budget update Thursday that includes one-time cheques to offset inflation and that slashes the province's estimated defic...
BCE urges CRTC reject Rogers-Shaw deal, independents call for safeguards
GATINEAU, Que. — BCE Inc. urged the CRTC to reject Rogers Communications Inc.'s $26-billion proposed takeover of Shaw Communications Inc. on Thursday, while independent operators have called for more safeguards. Speaking at the second-last day of heari...
Labour group says Liberals are failing workers with new ‘lockdown’ benefit
OTTAWA — The head of the Canadian Labour Congress says the federal Liberals are leaving still-hurting workers out in the cold by providing a benefit few, if any, will be able to use. Bea Bruske says the organization would have preferred
Turkmenistan’s president further expands his son’s clout
ASHGABAT, Turkmenistan (AP) — Turkmenistan’s autocratic president has put his only son in charge of the Central Asian nation's energy sector, further expanding his clout in a move seen as laying the foundations for a political dynasty.
Top Indonesia court rules new job law unconstitutional
JAKARTA, Indonesia (AP) — Indonesia’s top court ruled Thursday that the country’s widely criticized Job Creation Law is unconstitutional and ordered the government to amend it within two years.
Putin says Russia will offer good gas deal to Serbia
SOCHI, Russia (AP) — Russian President Vladimir Putin said Thursday that Moscow would continue providing natural gas to Serbia on terms favorable to its ally.
This worker got jobless benefits; Virginia wants them back
ABINGDON, Va. (AP) — For 26 years, Ernest Ray worked at a company in southwest Virginia that made compressors, in a physically demanding job that involved night shifts on a factory floor. When the plant closed in 2018, Ray applied
Who’s a hero? Some states, cities still debating hazard pay
HARTFORD, Conn. (AP) — When the U.S. government allowed so-called hero pay for frontline workers as a possible use of pandemic relief money, it suggested occupations that could be eligible from farm workers and childcare staff to janitors and truck
Poland to cut fuel, energy prices to fight inflation
WARSAW, Poland (AP) — Poland’s Prime Minister Mateusz Morawiecki said Thursday that starting in December the government will cut tax on fuels and on energy and will offer bonuses to hardest hit households next year to counter inflation that has
Europe’s Christmas markets warily open as COVID cases rise
FRANKFURT, Germany (AP) — The holiday tree is towering over the main square in this central German city, the chestnuts and sugared almonds are roasted, and kids are clambering aboard the merry-go-round just like they did before the pandemic. But
