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Category: Government Finance and the Economy
Government open to helping closing paper mill, but weak newsprint market limits options
The government is open to helping out with Resolute's plans to close a paper mill this month – but a flagging newsprint market could hinder some of those options. ...
Ottawa kicks in $300M for Pratt & Whitney’s $1B investment
Federal government's loan is part of $1-billion Pratt & Whitney research and development project into the next generation of jet engines. ...
Happening: Steelworkers get new contract for 3,000 CN Rail workers
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Heard: Money Mart suspends gift card pilot program
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Resolute to shut down Northern Ontario mill, cut 180 jobs
Reflects a decline in newsprint demand; company president also cites 'ill-founded attacks of environmental activist groups' over tree-cutting practices as a factor in the closing of mill in Iroquois Falls. ...
Heard: Regulation proposed to cut greenhouse gas emissions by heavy industry
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A ‘step-back month’: Ontario down 34,000 jobs in November
The falling job numbers essentially cancel out October's gains, but Economic Development Minister Brad Duguid points out Ontario remains up by 53,000 jobs from a year ago and the manufacturing sector continues to grow. ...
Happening: Province starts environmental review on high-speed rail
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Tories put the gears to Liberals over General Motors fears
The future of General Motors in this province have the Tories and Liberals at odds over what strategy is best to help the auto industry. ...
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