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By Allison Jones The Canadian Press Posted September 19, 2024 12:30 pm 1 min read Descrease article font size Increase article font size Ontario ended the 2023-24 fiscal year with a nearly balanced budget, in part due to higher-than-expected revenue from international student tuition at colleges. The province released public accounts today, a final tally…
Some 150 Ontario call centre workers will remain in the province for the time being as their union battles Telus on its return-to-office plan. Those workers, who are represented by United Steelworkers Local 1944, were told in July they had to either relocate to Montreal by October, apply for another role or agree to be…
WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid pandemic, slicing half a percentage point off benchmark rates in an effort to head off a slowdown in the labor market. With both the jobs picture and inflation softening, the central bank’s Federal Open Market…
U.S. Vice President Kamala Harris in Milwaukee, Wisconsin, U.S. August 20, 2024 and former U.S. President Donald Trump in Bedminster, New Jersey, U.S., August 15, 2024 are seen in a combination of file photographs. Marco Bello | Jeenah Moon | Reuters Federal Reserve Chair Jerome Powell suggested that Wednesday’s larger-than-expected interest rate cut may have…
Rogers Communications Inc. is buying out Bell’s 37.5 per cent share of Maple Leaf Sports & Entertainment for $4.7 billion, giving it 75 per cent ownership of the sports conglomerate. Rogers and Bell had held equal shares of MLSE, which owns the NHL Maple Leafs, NBA Raptors, CFL Argonauts, MLS Toronto FC and AHL Marlies. MLSE…
By Jordan Prentice Global News Posted September 17, 2024 10:07 pm 1 min read Descrease article font size Increase article font size Within the traditional boundaries of Piikani Nation sits the Grassy Mountain coal mining project, a previously mined site that Northback Holdings has applied to the Alberta government for exploration and water diversion licenses….
If Robert Kaplan still had a say in the matter, he’d be pushing for a half percentage point interest rate reduction at this week’s Federal Reserve meeting. The former Dallas Fed president told CNBC on Tuesday that making the bolder move of 50 basis points would better position policymakers heading into the latter part of…
Ontario’s budget watchdog is taking a deeper look at the Ford government’s alcohol expansion policies after the province agreed to pay $225 million to end an exclusivity contract, paving the way for beer and wine to be sold in corner stores. Jeffrey Novak, the province’s Financial Accountability Officer, said on Monday that his office will…
As the House of Commons gets back to business for the fall session, support for Prime Minister Justin Trudeau and his Liberal government has hit a “new low,” new polling shows. Just over one-third of Canadians (33 per cent) approve of the Trudeau government, according to an Ipsos poll conducted exclusively for Global News and…
Air Canada and the union representing more than 5,200 pilots have reached a last-minute tentative deal in their labour dispute, averting a strike that could have disrupted travel plans for thousands of passengers. In a statement on Sunday, Air Canada said that a new tentative, four-year agreement reached with the Air Line Pilots Association (ALPA)…
