Bank of Canada says it trimmed a key interest rate 'in response to the recent sharp drop in oil prices, which will be negative for growth and underlying inflation in Canada' ...
Category: Government Finance and the Economy
‘Aging’ infrastructure deters Chinese investment: Wynne
Continuing to bang the drum for investment - and federal help - the premier says her recent trade delegation to China heard 'more than once' about concerns over Ontario's infrastructure. ...
Tories launch petition campaign against ‘carbon tax’
Echoing a line the federal Conservatives used for years, the provincial Tories are describing any carbon pricing system as an unaffordable tax hike. ...
Heard: Province helps fund entrepreneur program at Sarnia’s Lambton College
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Province offers Toronto $200-million line of credit
To balance its budget, the city was hoping to get $86 million of provincial funding restored after it was cut in 2013 but Queen's Park is only willing to provide the money as a loan. ...
Province earns a B+ for its efforts to cut red tape
Canadian Federation of Independent Business lauds 'significant progress on improving regulatory accountability measures,' although the labour minister is given a less-flattering award over paper burden. ...
Ontario one of the few winners in cheap oil environment
A report from the Conference Board of Canada sees low oil prices impeding overall economic growth across Canada, although manufacturing, especially autos, stands to gain. ...
Heard: Ottawa invests $10 million to help Brantford forging company
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Happening: Southwestern Ontario to get third area code – 548
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Nemak getting $1.5 million from province to upgrade Windsor aluminum parts plant
The province announces Monday it will give Nemak of Canada Corp. money from the Southwestern Ontario Development Fund to upgrade its production line to export aluminum engine blocks overseas. ...
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