Category Archives: Economy
Election reticence expected to temper political battle over federal budget
OTTAWA — The stage is set for arguably the most important federal budget in recent memory, as the Liberal government prepares to unveil its plan for Canada’s post-pandemic recovery amid the pandemic's escalating third wave. Yet despite the high stakes
US infrastructure plan spurs talk of Vegas-LA rail service
LAS VEGAS — Proposed federal infrastructure funding for rail projects has transportation planners taking another look at a Los Angeles-to-Las Vegas passenger route that Amtrak stopped in 1997 and at a high-speed rail line along the congested Interstate...
Despite COVID-19 vaccines, Americans in D.C. not feeling celebratory — or charitable
WASHINGTON — This might make Canadians jealous of their American cousins for the first time in a while: the lineup Friday outside a downtown Washington D.C. Apple Store was longer than at one of the city's largest COVID-19 mass-vaccination sites. Gett...
American, 2 Russians return to Earth from space station
MOSCOW — An American astronaut and two Russians have returned to Earth after six months aboard the International Space Station. A Soyuz space capsule carrying NASA’s Kate Rubins and Russians Sergey Ryzhikov and Sergey Kud-Sverchkov landed at 0455 GMT (...
Expectations high as Trudeau Liberals get ready to unveil first pandemic budget
OTTAWA — The Liberals will look to thread an economic needle with Monday's budget, while dealing with a minority Parliament where the document's defeat would topple the government. It has been more than two years — and two throne speeches —
Alaska village requires full vaccine for in-person shopping
BETHEL, Alaska — A village in Alaska has mandated that only fully vaccinated people will be allowed into the community's stores and businesses. Kongiganak had 50% of its eligible residents vaccinated with at least one dose as of April 9, KYUK-AM
Analysts say new CRTC limits on Big Three help regional carriers with growth plans
TORONTO — Canada's regional wireless and internet carriers will benefit the most from this week's landmark regulatory ruling by the CRTC, telecommunications analysts and consumer advocates say. Financial analysts at RBC Capital Markets and Canaccord Ge...
US lifts Vietnam, Switzerland from currency manipulator list
WASHINGTON — Vietnam and Switzerland have been removed from the list of nations labeled by the U.S. as currency manipulators, reversing a decision made by the Trump administration in December. In its semi-annual report to Congress on currency manipulat...
B.C. puts $2B toward low-interest loans for builders of affordable housing
VICTORIA — The B.C. government is investing $2 billion in a low-interest loan program for builders of affordable housing. Housing Minister David Eby said Thursday the financing will be offered to private developers and community groups through the pro...
California Legislature OKs bill to help displaced workers
SACRAMENTO, Calif. — Now that Gov. Gavin Newsom is letting more businesses reopen as coronavirus cases decline, the California Legislature on Thursday passed a bill requiring some hotels and other hospitality companies to offer laid-off workers their j...
