With the Canadian dollar at four-year lows, attention has turned to the economy and the impact of the loonie’s devaluation on investors. Many economists are forecasting that the Canadian dollar will fall below the 89-cent (U.S.) level in 2014. National Bank analysts believe that the large [Read more]
As the Finance Minister worked his way through the budget speech last Thursday it became obvious that the advance press was true and we were receiving a do nothing budget. I had to wonder if we are living in the same country since the Canada I experience in my role as MP is defined by [Read more]
Last week more Ontarians went to the polls in two by-elections in Niagara Falls and Thornhill. The results: more and more voters are rejecting the same-old parties offering the same-old solutions. Families across this province are feeling squeezed and this current liberal government has not been [Read more]
TERRACE BAY, Ontario, February 3, 2014 – The Mayor and Council of the Township of Terrace Bay are pleased to announce Mr. Jon Hall has accepted the position of Chief Administrative Officer / Clerk. The Township began the job search in mid December and was pleased with the interest from [Read more]
People familiar with last year’s battle to maintain ferry service between Manitoulin Island and Tobermory will find similarities with the plight of businesses, communities, and property owners set to lose passenger rail service from the Algoma Central Railway (ACR). On Manitoulin, the [Read more]
TERRACE BAY, Ontario, January 31, 2014 – The Mayor and Council of the Township of Terrace Bay signed an agreement today with local pulp mill AV Terrace Bay Inc. (AVTB) that will set a new property assessment for the company for the next three years. AVTB had applied for a property [Read more]
BILLINGS, MT — (Marketwired) — STILLWATER MINING COMPANY (NYSE: SWC) (TSX: SWC.U)(the “Company”) today announced that Stillwater Canada Inc has requested that the joint review panel suspend the Marathon project environmental assessment and panel hearings until further [Read more]
Ontario Increasing Minimum Wage Ontario is increasing the minimum wage from $10.25 to $11 per hour on June 1, 2014. This new rate reflects the rise in the Consumer Price Index (CPI) since the last minimum wage increase in 2010 and is part of the provincial government’s commitment to fairness. [Read more]
TORONTO, ON – Wesdome Gold Mines Ltd. (TSX: WDO) is pleased to announce strong fourth quarter production results. Production numbers are subject to final refining balances to be reported in the 2013 year-end financial report, expected to be released in the second week of March, 2014. Revenues are [Read more]
Ontario Helping to Protect Vulnerable Workers Ontario is introducing new rules for procuring government clothing to ensure it is purchasing goods from manufacturers who follow their local laws regarding the ethical treatment of their employees. The province will now require its clothing vendors to [Read more]
ELLIOT LAKE, ON – People struggling just to keep up need to know their government has their back, and that just isn’t happening according to Algoma-Manitoulin-Kapuskasing, MP Carol Hughes. Hughes was commenting on NDP Leader Tom Mulcair’s Affordability Tour which stopped in Sault Ste. Marie [Read more]
Recent data indicate that Canadians are saving more. Statistics Canada reports that the Household Savings Rate is currently 5.4%, a 0.4% increase from the previous year. Likewise, a recent BMO Bank of Montreal study found that 48% of Canadians are now investing in Tax-Free Savings Accounts [Read more]
The Algoma Workforce Investment Corporation (AWiC) appoints new Labour Development Coordinator to the Superior East Labour Development Task Force (SELDTF) The Algoma Workforce Investment Corporation (AWiC) is pleased to announce that Tamara Liddle has been appointed to the position of Labour [Read more]
Good investors understand the concept of diversification and its benefits in managing risk. However, although many do diversify with individual holdings, the majority fall short when diversifying from a global standpoint. That’s understandable as it’s natural to invest in what one [Read more]
TORONTO, ON – KWG Resources Inc. (TSX VENTURE:KWG) (“KWG”) has received conditional listing approval for an increase to $2,500,000 of its private placement of flow-through units (“Units”) which is extended to February 7, 2014. Each Unit comprises one flow-through [Read more]
