Category Archives: Economy

Biden’s climate plan aims to reduce methane emissions

WASHINGTON (AP) — The Biden administration on Tuesday launched a wide-ranging plan to reduce methane emissions, targeting a potent greenhouse gas that contributes significantly to global warming and packs a stronger short-term punch than even carbon di...

Arizona Senate chief who led election audit retiring in 2023

PHOENIX (AP) — The Republican who has served as president of the Arizona Senate for the past three years and oversaw an unprecedented review of 2020 election results in the state's most populous county announced Monday she will not seek

Oilpatch leaders fear ‘reckless’ move as Trudeau commits to emissions cap on sector

CALGARY — The federal government must work co-operatively with industry as it looks to draft an emissions cap for the oil and gas sector, Alberta business leaders said Monday, or risk far-reaching consequences for the Canadian economy. In an interview ...

Canadian snowbirds head south as US land borders reopen

PHOENIX (AP) — Canadians Ian and Heather Stewart are savoring the idea of leaving behind this winter's subzero temperatures when the U.S. reopens its borders to nonessential land travel next week and they launch a long-delayed drive to their seasonal

Hydro-Québec project facing ‘green’ opposition in Maine ahead of Tuesday’s referendum

AUGUSTA, Maine — A plan to export hydroelectricity from Quebec to Massachusetts is facing opposition from environmental groups in Maine — where a 233-kilometre transmission line would be built — despite the promise of major greenhouse gas reductions. M...

Treasury says plans to borrow $1.02 trillion this quarter

WASHINGTON (AP) — The Treasury Department said Monday it plans to borrow $1.02 trillion during the current quarter, the largest amount since the government began passing trillion-dollar rescue packages for the economy in the spring of 2020.

Advocacy groups ask CRTC to delay hearings into Rogers’ deal to buy Shaw

OTTAWA — A pair of public interest advocacy groups have asked the federal telecommunications regulator to delay a public hearing into Rogers Communications Inc.'s deal to buy Shaw Communications Inc.  The Public Interest Advocacy Centre and the Nationa...

Rubio takes Big Business to task a year before election

ORLANDO, Fla. (AP) — U.S. Sen. Marco Rubio is taking Big Business to task. In an op-ed published Monday, the Republican

Musk offers $6B if UN shows how it will solve world hunger

Elon Musk, the richest person in the world, says he will sell $6 billion worth of Tesla stock and donate the proceeds to the United Nations’ food agency if it could show how the money would solve world hunger.

US will make large firms give paid time off for vaccinations

WASHINGTON (AP) — The federal government will require companies with at least 100 workers to provide paid time off for employees to get vaccinated against COVID-19 and paid sick leave to recover from effects of the shots, a Biden administration

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