Category Archives: Economy
EU plans tightening foreign investment, with eye on China
BRUSSELS — The European Union is planning to tighten rules on foreign investment in its 27 members and boost production autonomy for sensitive strategic goods, two measures bound to hit China — amid already precarious relations between the two massive
Federal budget ‘overstates’ economic impact of stimulus spending, budget officer says
OTTAWA — Parliament's spending watchdog says the federal Liberals' budget overestimates how much of an impact its stimulus measures will have on Canada's economy. The budget last month outlined what the government said was $101.4 billion in new spendin...
The Latest: Fiji locks down hospital over coronavirus death
WELLINGTON, New Zealand — Soldiers and police in the Pacific nation of Fiji have surrounded and locked down a major hospital. Health authorities say they are quarantining 400 patients, doctors, nurses and other staff within the compound until they can ...
India’s foreign minister out of G-7 meeting over COVID risk
LONDON — India’s foreign minister pulled out of in-person meetings at a Group of Seven gathering in London on Wednesday and was self-isolating after members of his country's delegation tested positive for the coronavirus. Talks centred on ways to ensur...
Alberta’s Kenney to field questions on new COVID rules, looming hospital crisis
EDMONTON — Alberta Premier Jason Kenney and key members of his United Conservative cabinet are to provide more details and answer questions this morning on new COVID-19 health restrictions. Kenney introduced tougher rules last night but didn’t take que...
Sen. Rosen, head of new tourism panel, visits Vegas Strip
LAS VEGAS — A year after the coronavirus pandemic hobbled tourist-dependent Nevada and pushed its unemployment rate above 30%, things feel like they're starting to turn around, U.S. Sen. Jacky Rosen said Tuesday. Rosen, a Nevada Democrat, toured the Ne...
Nova Scotia offers extra $12 million to businesses hit by latest COVID-19 lockdown
HALIFAX — Nova Scotia's Liberal government announced more than $12 million in additional support Tuesday for businesses hit by the latest COVID-19 lockdown in the province. Labi Kousoulis, minister of inclusive economic growth, said the new grant targ...
Rosy forecasts give Nevada lawmakers more money to budget
CARSON CITY, Nev. — Widespread vaccine distribution and federal coronavirus relief money have set Nevada on a path toward a quicker-than-expected economic recovery, analysts said Tuesday. The five members of the state Economic Forum approved projection...
Canada needs more help with COVID-19, prominent U.S. vaccine expert urges White House
WASHINGTON — The United States can and should do more to help Canadians get vaccinated against COVID-19, says a prominent Texas doctor, adding to the pressure on the White House to do more beyond America's borders to end the pandemic. Dr.
GTA West highway project designated for federal environment review
TORONTO — The federal environment minister says he is designating a controversial highway project in the western Greater Toronto Area for assessment. Jonathan Wilkinson says there are clear areas of federal concern with the project put forward by Ontar...
