OTTAWA- The economy grew at an annualized rate of 3.1 per cent in the first quarter, helped by business investment and household spending, Statistics Canada said Tuesday. The result was down from an annualized rate of 6.6 per cent in the fourth quarter of 2021. Statistics Canada said the change ...
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US casinos had best month ever in March, winning $5.3B
By Wayne Parry THE ASSOCIATED PRESS ATLANTIC CITY, N.J. (AP)-Inflation may be soaring, supply chains remain snarled and the coronavirus just won’t go away, but America’s casinos are humming right along, recording the best month in their history in March. The American Gaming Association, the gambling industry’s national trade group, ...
Read More »First Nation development corporations buy fibre assets from NorthwesTel
By Lawrie Crawford Local Journalism Initiative Reporter In a show of what might be coming in terms of emerging corporation-First Nation alliances, NorthwesTel and a consortium of 13 Yukon First Nation development corporations have announced an agreement that positions First Nations as new partners of NorthwesTel. The deal was years ...
Read More »Real estate development investment will help First Nation mitigate oil price rollercoaster
By Shari Narine Local Journalism Initiative Reporter Diversifying its economic portfolio will allow Fort McKay First Nation in northern Alberta to continue to provide a full range of services and programs to members even when oil prices dip. “When council came into office three years ago, they looked at the ...
Read More »Celebrities’ interference in northern B.C. energy project causing more harm to First Nations: Haisla Chief
By Binny Paul Local Journalism Initiative Reporter Haisla Nation Chief Councillor Crystal Smith is the latest leader from B.C. to caution Hollywood A-listers who have been calling on banks to stop financing the Coastal GasLink (CGL) pipeline project. “I wonder if the Hollywood actors calling for an end to our ...
Read More »Ontario announces critical minerals strategy aiming to attract investment
THUNDER BAY, Ont.- Ontario is releasing a critical minerals strategy seeking to attract more investment and mining to the resource-rich province. The minerals are used in smartphones, batteries for electric vehicles and solar panels. Ontario already produces $3.5 billion a year in critical minerals, but Greg Rickford, minister of northern ...
Read More »B.C. premier raises concerns to Trudeau about jobs if fish farms close
By Dirk Meissner THE CANADIAN PRESS VICTORIA- Any federal government plans to move away from open-net pen salmon farms in British Columbia should come with transition help for the industry and workers, says Premier John Horgan. A letter dated March 10 from Horgan to Prime Minister Justin Trudeau said concern ...
Read More »Squamish Nation Hereditary Chief chair of upcoming economic reconciliation summit
By Charlie Carey Local Journalism Initiative Reporter For the first time in the Indigenous Partnership Success Showcase’s history, an Indigenous person will be chairing the summit. Former S?wx?wu7mesh ?xwumixw (Squamish Nation) councillor and Hereditary Chief Ian Campbell will lead the annual conference which focuses on economic reconciliation. The conference will ...
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