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Tag Archives: Ottawa

Ottawa open to lawsuits no matter what outcome of Trans Mountain pipeline review: Elizabeth May

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BURNABY, B.C. – The federal government is vulnerable to lawsuits regardless of any recommendation the National Energy Board makes on Kinder Morgan Inc.’s Trans Mountain pipeline expansion project, Green Party leader Elizabeth May said Thursday. “It’s almost inevitable there will be lawsuits out of this process,” May told reporters on …

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Ottawa to require climate change tests in oil pipeline reviews, Trudeau says

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MONTREAL — Canadian Prime Minister Justin Trudeau pledged on Tuesday to require that environmental reviews of proposed oil pipelines consider greenhouse gas effects, and said it was not his role to be a cheerleader for such projects. Trudeau said his new Liberal government would roll out the rules soon, and …

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Ottawa to take more time weighing Energy East, Trans Mountain pipeline approvals

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CALGARY – The federal government will take extra time to weigh approvals for both the Energy East and Trans Mountain pipeline projects, and will assess both projects’ impacts on Canada’s greenhouse gas emissions. Joe Oliver: Canada's foolish pipeline flubs could be economically disastrous We risk looking foolish by failing to …

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Ottawa runs $400 million surplus in November; so far $1 billion in the black for 2015-16

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OTTAWA — The federal government ran a budgetary surplus of $400 million in November — thanks in large part to a boost in corporate tax revenues compared to a year earlier. The Finance Department’s monthly fiscal monitor also says Ottawa had a surplus of $1 billion over the first nine …

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Ottawa has room to add another $15 billion to stimulus spending, says economist

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The Liberal government could have more room to manoeuvre on stimulus spending without damaging its fiscal health, say economists. Prime Minister Justin Trudeau and his government are set to unveil their budget in the coming months. Originally, Trudeau’s election platform made room for at least $5 billion a year in …

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A path to economic diversification that Ottawa should consider

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Talk about contrast. First, Jim Balsillie, one of the founders of BlackBerry was being interviewed on the radio and criticizing, again, the Trans-Pacific Partnership. He was explaining how Canada got outsmarted, how government and industry (unlike the U.S.) didn’t work together and how the deal will mean a continuation of …

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Taseko Mines Ltd. suing Ottawa for blocking development of $1.5-billion gold and copper deposit

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VANCOUVER — Taseko Mines Ltd. (TSX: TKO) is suing the federal government in B.C. Supreme Court and seeking unspecified compensation for a 2014 decision that blocked development of a proposed $1.5 billion gold and copper deposit. The Vancouver-based company claims that the government and its agents — including the environment …

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Ottawa talking to pension funds about investing in infrastructure

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The Canadian government is talking to the country’s largest pension funds about investing in billions of dollars worth of infrastructure projects to help stimulate the economy, the Infrastructure Ministry told Reuters on Wednesday. Prime Minister Justin Trudeau’s Liberals won an election in October on the back of a promise to …

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Ottawa studying how to help Canadian tech startups become billion-dollar firms

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OTTAWA — The federal government is closely studying recommendations on how to help Canadian tech startups grow into global success stories — transformations that could eventually provide a boost for the ailing economy. Trudeau’s rebranding of Canada offers sunshine to Davos, but it’s cold comfort for battered oilpatch In a …

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Ottawa’s deficit forecast balloons to $18.4 billion: What the economists say

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The federal Liberal government is projecting a deficit of at least $18.4 billion next year, nearly five times its $3.9-billion projection just three months ago, it was revealed today. That means the shortfall could well exceed $20 billion once a number of big-ticket Liberal campaign promises are factored in. So …

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