Victoria development project clears another hurdle
Vancouver Watch
Victoria city council has referred a development proposal by Reliance Properties to a public hearing.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CTV News
35 minutes ago
- CTV News
Inclusive, accessible and welcoming: 26 community projects in Lethbridge receive funding
More than two dozen non-profits in Lethbridge have received funding to create more inclusive, accessible and welcoming spaces for residents. More than two dozen non-profits in Lethbridge have received funding to create more inclusive, accessible and welcoming spaces for residents. Funding was awarded to 26 community projects through two grants totalling $1.2 million. Some of the projects include a new shuttle bus for Nord-Bridge Seniors Centre, communication boards at playgrounds for the Lethbridge School Division and the Lethbridge Sport Council received $25,000 to purchase a sanitization system and storage space for used sports equipment. More than two dozen non-profits in Lethbridge have received funding to create more inclusive, accessible and welcoming spaces for residents. More than two dozen non-profits in Lethbridge have received funding to create more inclusive, accessible and welcoming spaces for residents. 'Having the support to purchase this is fantastic,' said Susan Eymann, Lethbridge Sport Council executive director. 'It helps with that one more step in the logistics of getting a distribution centre started here.' 'To see the amount of non-profit groups and the amount of really great projects that could be possible in our community, I think the challenging part is with a finite amount of money, you're having to say no to a lot of really great projects,' said Andrew Malcolm, City of Lethbridge community social development general manager. 'It was extremely competitive, but I know that the projects that were awarded funding are going to make a big impact in the community.' More than two dozen non-profits in Lethbridge have received funding to create more inclusive, accessible and welcoming spaces for residents. More than two dozen non-profits in Lethbridge have received funding to create more inclusive, accessible and welcoming spaces for residents. Other projects that received funding include a new playground at West Coulee Station and a welding facility at Winston Churchill High School.
Globe and Mail
40 minutes ago
- Globe and Mail
Sprott and Stoeferl buying at Tudor Gold (TUD)
Eric Sprott via 2176423 Ontario Ltd., a 10% Holder, acquired 2,000,000 Common Shares on a direct ownership basis at a price of $0.500 through a prospectus or prospectus exempt offering on May 29th, 2025. The insider also acquired 1,000,000 Warrants with an exercise price of $0.750 for 36 months. This represents a $1,000,000 investment into the company's shares and an account share holdings change of 5.3%. Let the insiders guide you to opportunity at
Globe and Mail
an hour ago
- Globe and Mail
Tariffs distract from the real financial war – one that Canada is losing badly
America's trade offensive may be incoherent and reckless, but the endgame has always been relatively clear: to revive U.S. manufacturing by ransacking trading partners of investment capital. It's not very neighbourly, and it could easily backfire, but it's also working, in one sense at least. Corporate Canada is in a state of paralysis. Business investment is being choked off by tariff chaos. And the country's manufacturing sector was among the world's weakest last month. There's a war for investment capital under way and Canada's losing. 'There's a finite pool of capital and once it's been cannibalized, it's never coming back,' said Stephen Johnston, director of Omnigence Asset Management in Calgary. 'Time is of the essence.' The country sorely needs the business-level investment that has been lacking for years, in things like plant and equipment, and productivity enhancing technology. The problem is, the Trump administration has so effectively poisoned the investing climate in Canada that businesses are in no position to be ambitious. More than half of business leaders in Canada recently surveyed by KPMG said they had already cut into their capital investment and R&D budgets over the next year. A majority also reported reductions in sales outlooks. Analysis: Trump's trade chaos has foreign creditors backing away from Canada 'American tariffs have put a stranglehold on revenue and are cutting off the funds earmarked for continued investment,' KPMG said. Manufacturers look especially vulnerable. On Monday, S&P Global published a snapshot of factory activity across 25 different countries in the month of May. Canada ranked dead last. A slowdown in May was to be expected, after U.S. importers accelerated their purchases in prior months before tariffs took effect. 'There is reason to be worried in the medium term as well, given repeated threats from the U.S. administration on Canadian factories,' Matthieu Arseneau, National Bank's deputy chief economist, wrote in a note. U.S. President Donald Trump has threatened to 'permanently shut down' auto manufacturing in Canada. And this week's doubling of metals tariffs has piled more misery onto Canadian steel and aluminum producers. Algoma Steel Group Inc. said the new tariffs could make the company's U.S. business unviable. From investing to real estate, here's how you can Trump-proof your wallet Blame for the ills of Canadian industry, however, does not fall solely on Mr. Trump's shoulders. Business investment in Canada has been declining for years. Spending on R&D has been dismally low. The country's factories now contribute less to global manufacturing value added than Ireland's, which has about one-eighth the population and little of Canada's energy abundance. The past 20 years have seen a 'profound atrophy of Canada's manufacturing base – unmatched across the industrialized world,' Stéfane Marion, chief economist at National Bank, wrote in a recent note. Most economists blame excessive regulation. Regulatory requirements for Canadian manufacturers have risen by about 40 per cent since 2005, according to Statistics Canada. 'The perception of Canada is that it's hostile to capital,' Mr. Johnston said. 'I speak to foreign capital allocators all the time, and they would not touch Canada with a 10-foot pole.' Reducing internal trade barriers is a top priority for businesses, KPMG poll shows That clearly needs to change if Canada is going to turn the page on its over-reliance on the U.S. economy. Business leaders themselves acknowledge the need to be bolder. The KPMG survey showed that 92 per cent agreed that boosting investment in technology and innovation was needed to 'build a more resilient, prosperous economy.' They also called on policy makers to remove interprovincial trade barriers, improve tax competitiveness, and reduce regulation to expedite major projects. Perhaps what is needed above all else is urgency. There is clearly momentum at the political level to course-correct the domestic economy. With a capital war upon us, implementation is crucial in a country not known for being economically nimble.
