Work to expand the oil pipeline is now forecast to cost more than $17 billion and likely won’t be done until sometime in 2023, sources say Chris Varcoe CALGARY — After facing interruptions caused by volatile weather and the pandemic, the Trans Mountain expansion is expected to run over budget by several billion dollars — …
The booming sector is expected to rise 5.3 per cent in 2022, study says Author of the article: Noella Ovid Publishing date: Feb 04, 2022 Canada’s technology services sector is fuelling growth across the economy and showing no signs of slowing down. According to a recent study by Business Development Bank of Canada (BDC), one in …
Posthaste: Canada’s tech sector fuels growth across economy Read More »
Unemployment rate rises to 6.5%, job losses about double what was expected Pete Evans · CBC News Canada’s economy lost 200,000 jobs last month, according to Statistics Canada, as COVID-19 shutdowns related to the Omicron variant saw many businesses close up shop. The data agency reported Friday that the decline pushed the unemployment rate up half a per …
Canada lost 200,000 jobs in January as Omicron hit hard Read More »
By Michael MacDonald The Canadian Press Wed., Feb. 2, 2022 HALIFAX – The Nova Scotia government has scuttled a bid by the province’s private electric utility to charge fees to customers who sell renewable power back to the electricity grid. Premier Tim Houston issued a statement Wednesday saying his government’s move is aimed at protecting the …
N.S. government kills electric utility’s bid to impose ‘net-metering’ charge on solar Read More »
The measure was first announced by Quebec Premier François Legault in January Ainslie MacLellan, Laura Marchand · CBC News · Posted: Feb 01, 2022 9:17 AM ET Quebec Premier François Legault says his government will not go ahead with a proposed tax on the unvaccinated, in order to protect “social cohesion” in the province. Legault made the announcement at a news conference …
Grace Kay A new design competition took a stab at what the future of electric vehicle charging could look like. On Tuesday, news outlet Electric Autonomy announced the winners of its international competition that sought to reimagine EV charging stations. Parkland, a fuel retailer and the competition’s lead sponsor, said it plans to implement the winning design …
Crowds have been shrinking since Saturday, but harassment and disruptions remain CBC News · Posted: Feb 02, 2022 8:46 AM ET Some of the organizers of the protest that’s brought noise, traffic problems and harassment to downtown Ottawa say they have empathy for the city’s residents, but insist there’s no other way to end all COVID-19 public …
Protest organizers dig in and say only politicians can clear Ottawa’s downtown Read More »
BY JOSH SCOTT CANADIAN STARTUP NEWS FEBRUARY 1, 2022 RenoRun is building a vertically-integrated “one-stop shop” for construction materials. ontréal-based startup RenoRun has raised $181 million CAD ($142 million USD) to scale its building material delivery model across North America. The company’s Series B round, which closed in late December, was co-led by New York’s Tiger Global and California-based Sozo …
RENORUN CLOSES $181 MILLION CAD SERIES B TO FUEL CANADA, US EXPANSION Read More »
By Bansari Mayur Kamdar and Medha Singh (Reuters) -U.S. shares were set to extend gains for the fourth straight session on Wednesday after a turbulent start to the year, as Google-parent Alphabet (NASDAQ:GOOGL) and chipmaker Advanced Micro Devices (NASDAQ:AMD)’ shares surged following strong quarterly results. Alphabet Inc rose 8.2% after reporting record quarterly sales on …
Wall St set for fourth day of gains on Alphabet, AMD results Read More »
Also in the news this week: a 77-km Range Rover PHEV is coming soon and the Mercedes-Benz EQS is at dealers. In the news this week, Tesla reports record deliveries, delays Cybertruck, Semi, and Roadster, Jeep prices the Grand Cherokee PHEV, a 77-km Range Rover PHEV is coming soon, the Mercedes-Benz EQS is at dealers, …
News Roundup: Record Tesla deliveries, Jeep 4xe, electric original Minis and more Read More »
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