Unemployment in the Sault on the High Side

There were over 8,000 people out of work last month in Sault Ste. Marie compared to last year leaving the Sault with an unemployment...
exports

Export surge brightens Canada’s trade picture

TORONTO - Canada's trade deficit with the rest of the world shrank in June to a surprisingly low $476 million, as exports experienced the...
Renovation

Harper promises $1.5B renovation tax credit

TORONTO - Stephen Harper has delivered the first big-budget promise of the Conservative election campaign: a permanent home-renovation tax credit that will cost taxpayers...
Road and Bridge Repair

Applications Now Open for Ontario Community Infrastructure Fund

Province Continues to Invest in Small, Rural and Northern Municipal Infrastructure Ontario is inviting small, rural and Northern municipalities to apply for infrastructure funding to...
electricity

Soaring Electricity Prices Reach Crisis Point for Businesses

A new report from the Sault Ste. Marie Chamber of Commerce, in partnership with the Ontario Chamber of Commerce (OCC) and 40 chambers of...
Bank of Canada

Big banks may not follow Bank of Canada

OTTAWA - Canada's big banks may resist the urge to pass on to borrowers the full benefit if the Bank of Canada decides to...
Low Interest Rates

Central bank keeps key interest rate at 0.75%

OTTAWA - The Bank of Canada is keeping its trendsetting interest rate locked at 0.75 per cent even as recent weakness in the United...
RBC

RBC backs off on fee change for payments

TORONTO - The Royal Bank is backing off on its plan to charge customers a fee to make credit card, loan and mortgage payments...
Canada 150

Funding Applications Being Accepted

(Kenora, Ontario - Industry Canada/FedNor) The Honourable Greg Rickford, Canada’s Minister of Natural Resources and Minister for the Federal Economic Development Initiative for Northern...
Household Debt

Household debt growing in Canada: report

OTTAWA - The proportion of Canadian households in debt and the amount they owe has grown in recent years, according to a report by...

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