economy

To get an idea of the financial toll extreme weather is taking on this country’s agriculture industry, look no further than the government of Saskatchewan’s books. The prairie province had forecast a more than $1 billion surplus for the fiscal year ending March 31, 2024, but fresh budget documents released last month show that surplus […]

As its facility in Regina is heading into maintenance time, Federated Cooperatives Limited says its investing 140 million dollars into the refinery and attached operations. For 47 days, the site will be teeming with workers doing various maintenance and upgrades.  Federated Cooperatives says 2200 additional temporary jobs will be filled. With more workers on site, […]

BALTIMORE (AP) — A tugboat pushing a fuel barge was the first vessel to use an alternate channel to bypass the wreckage of Baltimore’s collapsed Francis Scott Key Bridge, which had blocked traffic along the vital port’s main shipping channel. The barge supplying jet fuel to the Department of Defense left late Monday and was […]

Empire Co. Ltd. chief executive Michael Medline said there’s no evidence that a grocery code of conduct would raise food prices for Canadians. The president and CEO of Sobeys’ parent company made the comment at a Retail Council of Canada event in Toronto on Tuesday. Medline said he wouldn’t support a grocery code of conduct […]

Manitoba’s NDP government is set to introduce its first budget today since winning last October’s election. The fiscal plan is expected to include rebates on electric vehicles, a bigger tax credit for fertility treatments, and free prescription birth control — all of which were NDP campaign promises. The budget is also extending the fuel-tax holiday […]

Statistics Canada says the country posted its highest annual population growth rate in more than six decades last year. The agency says the population grew 3.2 per cent, its fastest pace since 1957 when it grew 3.3 per cent. The increase brought the population to 40,769,890on Jan. 1, 2024. The total was up by 1,271,872 […]

Its an era when most media companies are putting fewer and fewer resources into local news. Harvard Media is taking a different approach, as the company announced a huge expansion of its news presence in Saskatchewan with the acquisition of “SaskToday.ca” and “MooseJawToday.com.” The deal with Glacier Media includes a long term partnership agreement, which […]

The value of Canadian farmland rose 11.5 per cent in 2023, a new report by agriculture lending firm Farm Credit Canada has found.  Chief economist J.P. Gervais said while that’s a slight slowdown from the growth in 2022, it’s still a rapid pace given cooling economic conditions overall. “Farmland prices have continued to increase at […]

Extreme cold near the start of this year in British Columbia, Alberta and Saskatchewan has led to a damage bill that the Insurance Bureau of Canada says is more than $180 million.  The bureau says about 70 per cent of the insurance claims related to the extreme cold were for personal property and damage caused by frozen […]

WASHINGTON (AP) — The State of the Union address is one of the durable set pieces of the presidency, a forum that almost always favors the speaker in a one-way conversation with millions of Americans. Most of the speeches are instantly dissected, and almost as quickly forgotten. But this is a most unusual year, with President Joe Biden needing to make the case not simply that his policies warrant a a second term, but that he has the personal […]