Category Archives: Economy
Local governments need to upgrade to improve housing process: finance minister
VANCOUVER — Canada's finance minister says it’s not the federal government’s job to build all the houses Canadians need, but it will try to remove roadblocks with a $4-billion fund earmarked to help boost housing construction announced in the budget. ...
US agencies: Industrial control system malware discovered
BOSTON (AP) — Multiple U.S. government agencies issued a joint alert Wednesday warning of the discovery of malicious cyber tools created by unnamed advanced threat actors that they said were capable of gaining “full system access” to multiple industria...
Juul to pay $22.5 million to settle Washington vaping suit
OLYMPIA, Wash. (AP) — E-cigarette giant Juul Labs will pay Washington state $22.5 million and has agreed to a variety of reforms to prevent underage use and sales under a settlement announced Wednesday by state Attorney General Bob Ferguson.
California plan aims to triple sale of electric cars by 2026
SACRAMENTO, Calif. (AP) — California wants electric vehicle sales to triple in the next four years to 35% of all new car purchases, an aggressive target set as part of the goal to phase out the sale of gas-powered cars
France’s Le Pen warns against sending weapons to Ukraine
PARIS (AP) — French far-right presidential candidate Marine Le Pen warned Wednesday against sending any more weapons to Ukraine, and called for a rapprochement between NATO and Russia once Moscow’s war in Ukraine winds down.
Bipartisan push on mental health crisis that COVID worsened
WASHINGTON (AP) — A major effort to overhaul care for people in the United States with mental health and drug problems is gaining traction as Congress and the Biden administration work on overlapping plans to address concerns across dividing lines
Trudeau says budget measures will help Canadians weather Bank of Canada rate hike
LAVAL, Que. — Measures in the recently tabled federal budget will help Canadians weather higher interest rates, Prime Minister Justin Trudeau said Wednesday, as he acknowledged there are no easy solutions to the country's housing affordability crisis. ...
CDC extends travel mask requirement to May 3 as COVID rises
WASHINGTON (AP) — The Biden administration announced Wednesday that it is extending the nationwide mask requirement for airplanes and public transit for 15 days as it monitors an uptick in COVID-19 cases.
Finland, Sweden move ahead toward possible NATO membership
HELSINKI (AP) — European Union nations Finland and Sweden reached important stages Wednesday on their way to possible NATO membership as the Finnish government issued a security report to lawmakers and Sweden’s ruling party initiated a review of securi...
What to know about inflation, the labour market and Bank of Canada rate hikes
OTTAWA — The Bank of Canada is moving ahead with another hike to its key policy rate in the face of decades-high inflation rates and record-low unemployment rates. Here's what to know about the connection between the interest rates, inflation and
