‘Northern Ontario Economy’ Information

FONOM Recognizes the Support of FedNor in the North

FONOM Recognizes the Support of FedNor in the North

KAPUSKASING, ON – The Federation of Northern Ontario Municipalities (FONOM) recognizes the investments in northern Ontario communities by FedNor. The Northern Policy Institute (NPI) in partnership with the Mowat Centre and the Institute for Competitiveness and Prosperity recently developed a [Read more]

Thunder Bay Resident Wins $100,000

Thunder Bay Resident Wins $100,000

TORONTO, ON – Congratulations to Kenneth Walter Holervich of Thunder Bay for winning a $100,000 top prize with INSTANT CASH IN (Game #1807). The winning ticket was purchased at Mac’s on Waterloo Street in Thunder Bay. INSTANT CASH IN is available for $5 a play and the top prize is $100,000. [Read more]

Sault Ste. Marie Resident Wins $1,000 A Week For Life

Sault Ste. Marie Resident Wins $1,000 A Week For Life

TORONTO, ON – Congratulations to Stefania Chyla of Sault Ste. Marie for winning $1,000 a week for life with INSTANT BONUS CASH FOR LIFE (Game #1168).  Stefania chose a lump-sum payment of $675,000 rather than the $1,000 a week for life prize.  INSTANT BONUS CASH FOR LIFE is available for $4 a [Read more]

WHAT IF A CRUDE OIL PIPELINE RUPTURED IN BEARDMORE?

WHAT IF A CRUDE OIL PIPELINE RUPTURED IN BEARDMORE?

 .  The Ontario Energy Board has been charged with making a recommendation to the Minister of Energy on [Read more]

The price of inequality

The price of inequality

An Oxfam report this week showed that one percent of the world’s population will control half of the world’s wealth by 2016.  It also explained how the world’s richest 80 individuals have as much wealth as the poorest 3.5 billion people combined.  While this may sound inevitable, given [Read more]

NWMO Completes Phase 1 Preliminary Assessments in Northern Ontario

NWMO Completes Phase 1 Preliminary Assessments in Northern Ontario

Elliot Lake, Blind River, Manitouwadge and White River will continue to more detailed study; six communities recognized for leadership TORONTO, ON – The Nuclear Waste Management Organization (NWMO) has completed the first phase of preliminary assessment for six communities in Northern Ontario [Read more]

Investing in Mutual Funds

Investing in Mutual Funds

Mutual funds have long been a favorite of Canadian investors.  According to the Investment Funds Institute of Canada (IFIC), 4.6 million Canadian households own mutual funds representing $1.14 trillion in assets.  Many opt for mutual funds for their simplified approach to investing.  However, [Read more]

Issues Raised with Energy East Pipeline Proposal

Issues Raised with Energy East Pipeline Proposal

By Edgar J. Lavoie THUNDER BAY, ON – Over 100 concerned citizens attended the Ontario Energy Board (OEB) consultation at the Valhalla Inn on Wednesday, January 14.  The Board’s technical advisors said that their studies had identified key issues with the proposed pipeline called Energy [Read more]

Coast Guard Icebreaking Operations Underway on Great Lakes

Coast Guard Icebreaking Operations Underway on Great Lakes

VIDEO from: MorvisionTube The icebreaker Samuel Risley in the Port of Thunder Bay breaking channels through the 2 foot thick ice. The arrival of the Canadian Coast Guard ship the Risley, signals the beginning of another shipping season for the port. MONTREAL, PQ – The Canadian Coast Guard, [Read more]

Budgeting for lower oil prices is a tall order in Conservative circles

Budgeting for lower oil prices is a tall order in Conservative circles

We are often told not to put all our eggs in one basket and not to count our chickens until they hatch.  Someone should have reminded the federal government about those poultry related maxims as they set out to spend a surplus based on assumptions which included oil trading at a high price.  Now [Read more]

Changes in Structure at Bio-Economy Research Centre

Changes in Structure at Bio-Economy Research Centre

THUNDER BAY, ON – The Centre for Research & Innovation in the Bio-Economy (CRIBE) is positioning itself for the future by making some changes to its structure that will aid in its continued success. As of December 1st, 2014, Scott Wiebe assumed the role of Chief Executive Officer and [Read more]

Thunder Bay Resident Wins $100,000 Encore Draw

Thunder Bay Resident Wins $100,000 Encore Draw

It Pays to Play: TORONTO, ON – Peter Davidson of Thunder Bay is celebrating after winning $100,000 with ENCORE (November 15, 2014 LOTTO 6/49 draw). ENCORE can be played in conjunction with most online lottery games for an extra $1. There is an ENCORE draw every day. This winning ticket was [Read more]

SNCFDC News Update & Holiday Greeting

SNCFDC News Update & Holiday Greeting

Advertorial paid for by Superior North CFDC For full size document, CLICK HERE. [Read more]

TFSA investing for 2015

TFSA investing for 2015

As one year passes and another unfolds, it’s time to make Tax Free Savings Account (TFSA) contributions. They’ve been around since 2009 and yet Canadians still largely misunderstand them. The annual BMO TFSA Report says 66 per cent claim to be knowledgeable about TFSAs, but only 22 percent [Read more]

Dubreuilville’s Concerns To MNRF Re:Forest Management Plan – UNANSWERED?

Dubreuilville’s Concerns To MNRF Re:Forest Management Plan – UNANSWERED?

DUBREUILVILLE, ON – The Township of Dubreuilville has chosen to share letters it, and the Local Citizens Committee (LCC), sent to the Minister of Natural Resources and Forestry Bill Mauro.  The township seems quite frustrated as the 2nd sentence in the most recent letter of December 19 (see [Read more]

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