N.B.‘s 3-member panel won't rule out sale of debt-laden power utility
The members are Michael Bernstein, who has worked in the Canadian power and utilities sector; Anne E. Bertrand, the province's former information and privacy commissioner; and Duncan Hawthorne, an expert on utilities.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Toronto Star
40 minutes ago
- Toronto Star
Ascot Reports Second Quarter 2025 Results
VANCOUVER, British Columbia, Aug. 12, 2025 (GLOBE NEWSWIRE) — Ascot Resources Ltd. (TSX: AOT; OTCQB: AOTVF) ('Ascot' or the 'Company') announces the Company's unaudited financial results for the three and six months ended June 30, 2025 ('Q2 2025'). For details of the unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis for the three and six months ended June 30, 2025, please see the Company's filings on SEDAR+ ( All amounts herein are reported in $000s of Canadian dollars unless otherwise specified.
Winnipeg Free Press
40 minutes ago
- Winnipeg Free Press
Defence minister celebrates military raises during CFB Winnipeg tour
Defence Minister David McGuinty toured Canadian Forces Base Winnipeg for the first time Tuesday to meet officials and tout the federal government's pay increase for military members. After the tour, which wasn't open to media, McGuinty expressed hopes that the pay bump will help bolster the Canadian Armed Forces' ranks, add to members' sense of purpose and make life more affordable for them. 'We are hopeful that this pay package, which has been long, long overdue, will help with the recruitment and retention, and the incredible service in the forces,' he told reporters outside the base. JOHN WOODS / FREE PRESS Lieutenant-General Jamie Speiser-Blanchet, commander and chief of the Royal Canadian Air Force (RCAF), and David McGuinty, minister of national defence, speak to media outside Canadian Forces Base 17 Wing Winnipeg Tuesday. Prime Minister Mark Carney announced pay increases and new or improved allowances last week. The package includes entry-level increases for privates (20 per cent for the regular force members and 13 per cent for reservists). New recruits will receive an annual salary of just over $52,000, up from $43,368. Other members will receive eight or 13 per cent raises, retroactive to April 1. McGuinty, who became the federal Liberal government's defence minister in May, is visiting CAF bases across Canada this summer. He was joined in Winnipeg by Lt.-Gen. Jamie Speiser-Blanchet, who recently became commander of the Royal Canadian Air Force. Wednesdays Sent weekly from the heart of Turtle Island, an exploration of Indigenous voices, perspectives and experiences. Speiser-Blanchet said the RCAF is about 2,000 personnel short of the 'established strength' that it intends to be, but there has been a 'net increase' in recruits in the last two years. McGuinty described CFB Winnipeg as a major economic generator for Manitoba, while citing plans to put money into housing and other projects in the future. JOHN WOODS / FREE PRESS Lieutenant-General Jamie Speiser-Blanchet, left, commander and chief of the Royal Canadian Air Force (RCAF), said the RCAF is about 2,000 personnel short of the 'established strength' that it intends to be, but there has been a 'net increase' in recruits in the last two years. He said housing, infrastructure, child care and spousal employment opportunities were discussed during Tuesday's meetings. McGuinty said he received a detailed briefing about the North American Aerospace Defense Command. The Canadian NORAD region is headquartered in Winnipeg. Chris KitchingReporter Chris Kitching is a general assignment reporter at the Free Press. He began his newspaper career in 2001, with stops in Winnipeg, Toronto and London, England, along the way. After returning to Winnipeg, he joined the Free Press in 2021, and now covers a little bit of everything for the newspaper. Read more about Chris. Every piece of reporting Chris produces is reviewed by an editing team before it is posted online or published in print — part of the Free Press's tradition, since 1872, of producing reliable independent journalism. Read more about Free Press's history and mandate, and learn how our newsroom operates. Our newsroom depends on a growing audience of readers to power our journalism. If you are not a paid reader, please consider becoming a subscriber. Our newsroom depends on its audience of readers to power our journalism. Thank you for your support.
Calgary Herald
41 minutes ago
- Calgary Herald
U.S. auto exports to Canada plummet on tariff tussle with Trump
Canada imported more vehicles from Mexico than the US in June for the first time in three decades, underscoring the historic shifts underway as the global auto industry grapples with President Donald Trump's tariffs. Article content Canadian importers brought in C$1.08 billion of passenger vehicles from Mexico during the month, exceeding the C$950 million from the US, according to Statistics Canada figures. That's the first time the Mexican auto sector has outsold the US in monthly data going back to the early 1990s. Article content Article content Trump's imposition of 25% tariffs on foreign vehicles has disrupted the long-standing system that mostly allowed the free flow of vehicles and parts across the three North American countries. For cars and trucks shipped under US-Mexico-Canada Agreement, the duty is applied only to the value of non-US content. But that small reprieve has done little to repair the strained relationship between the US and Canada. Article content Article content In retaliation, Canada announced a tariff on US-assembled vehicles in a structure that largely mirrors the White House's move. But the government also provides tariff relief for automakers that keep their manufacturing and investment in the country. Article content The shift in Canada's imports is a potential barometer of how Trump's tariffs will reshape the American industry, given that Canada is by far the biggest customer of US-made cars and light trucks. Article content Article content The US ran an auto trade surplus with Canada in 2024 including the parts sector, according to data from the US Commerce Department. American exports of finished vehicles to Canada exceeded exports to Germany, Mexico and China combined. Article content Companies such as General Motors Co. and Ford Motor Co. generally serve the Canadian market with vehicles made in the US. Ford isn't currently making anything at its lone Canadian assembly plant in Ontario, though it has promised it will start making F-Series Super Duty pickups there next year. Article content It's possible that Mexico's rise to No. 1 exporter of vehicles to Canada will be short-lived. Canadian imports of US autos were unusually high in February and March, averaging C$2.5 billion over those two months, as automakers raced to ship their products before any tariffs came in. That compares with monthly average last year of a little more than C$1.8 billion.
