Eby's mining announcement overshadowed by backlash to controversial Bill 15
Premier David Eby has unveiled his plan to speed up mining development to boost B.C.'s economy. But as Katie DeRosa reports, the announcement was overshadowed by growing opposition to a controversial bill.
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CBC
18 minutes ago
- CBC
Thompson says finding hotel rooms for evacuees 'difficult' as Manitoba mulls invoking emergency powers
Social Sharing The City of Thompson says moving wildfire evacuees from its congregate shelter to hotel lodgings should be "a top priority," but that finding accommodations is hard this time of the year. Premier Wab Kinew said Thursday following a visit to the shelter set up for evacuees at the city's regional community centre that hotel operators should step up and voluntarily open rooms for those who fled the fires, dangling the possibility of using emergency powers to get them to do so after seeing some with "parking lots that are empty." On Friday, the premier specifically referenced hotels in Thompson, which is about 650 kilometres north of Winnipeg as the crow flies. "I would invite you or anyone else to go Google Thompson hotel rooms right now. You'll see that you can book some rooms for the next week," he told reporters at an unrelated event Friday. "You got families with young, young kids. You know, I invite any parents out there to think about trying to raise a four-month-old and a four-year-old sleeping on a cot … going into day 18." WATCH | Premier calls on Thompson hotel operators to step up: Kinew wants more Thompson hotel rooms for wildfire evacuees 1 hour ago Duration 2:02 Manitoba Premier Wab Kinew says he doesn't like seeing the emergency shelter in Thompson filled with children and elders, while many hotel rooms in the city sit vacant. After visiting the shelter and getting an aerial view of wildfire damage on Thursday, Kinew hinted he could use emergency powers to force hotels to open more space for evacuees. The province said 180 evacuees were still at the Thompson congregate shelter as of Friday, more than two weeks since the province declared a state of emergency. In Winnipeg — which was expecting the largest number of evacuees — fewer than 90 people were staying at the Leila congregate shelter as of then, the government said. The City of Thompson said in an email statement Mayor Colleen Smook spoke with Kinew about the need to move the evacuees out of the congregate shelter quickly during the premier's visit to that city and the wildfire zone around Flin Flon Thursday. "Unfortunately, hotel rooms in Thompson can be difficult to find in the spring and summer due to construction projects employing many out-of-town workers," the statement said. Hotel room availability a complex situation: industry association More than 21,000 people have evacuated their communities because of the fires raging in the province. Manitoba Hotel Association CEO Michael Juce said there's only about 15,000 hotel rooms in Manitoba — some of them in places that are still under evacuation orders. "This is a really big challenge," Juce said. "Everyone travels for a purpose and sometimes those people are staying in a hotel for medical reasons or medical stays.… It's a really complex issue." WATCH | Kinew tours northern wildfire zone: Premier tours northern Manitoba wildfire zone 20 hours ago Duration 1:41 Manitoba Premier Wab Kinew got an aerial view of parts of northwestern Manitoba devastated by wildfires in recent weeks. He also met with those involved in the firefighting effort around Flin Flon and visited a congregate shelter in Thompson. Juce said the industry has been in constant dialogue with the province throughout the crisis. "This is … a massive logistical undertaking," he said. "We're just doing our best to share information as best we can and support our fellow Manitobans." Kinew said a large sector of the hotel industry has been very helpful in dealing with the situation, and he hopes the province doesn't need to resort to invoking emergency powers to free up rooms. "It's not charity we're asking for. You're getting paid for those rooms," he said Friday. "It's not going to be open-ended. We're talking about maybe another week."
CTV News
35 minutes ago
- CTV News
Trump clears path for Nippon Steel investment in US Steel, so long as it fits the government's terms
WASHINGTON — U.S. President Donald Trump on Friday signed an executive order paving the way for a Nippon Steel investment in U.S. Steel, so long as the Japanese company complies with a 'national security agreement' submitted by the federal government. Trump's order didn't detail the terms of the national security agreement. But U.S. Steel and Nippon Steel said in a joint statement that the agreement stipulates that approximately US$11 billion in new investments will be made by 2028 and includes giving the U.S. government a 'golden share' — essentially veto power to ensure the country's national security interests are protected. 'We thank President Trump and his Administration for their bold leadership and strong support for our historic partnership,' the two companies said. 'This partnership will bring a massive investment that will support our communities and families for generations to come. We look forward to putting our commitments into action to make American steelmaking and manufacturing great again.' The companies have completed a U.S. Department of Justice review and received all necessary regulatory approvals, the statement said. 'The partnership is expected to be finalized promptly,' the statement said. The companies offered few details on how the golden share would work and what investments would be made. Trump said Thursday that he would as president have 'total control' of what U.S. Steel did as part of the investment. Trump said then that the deal would preserve '51 per cent ownership by Americans.' The Japan-based steelmaker had been offering nearly $15 billion to purchase the Pittsburgh-based U.S. Steel in a merger that had been delayed on national security concerns starting during Joe Biden's presidency. Trump opposed the purchase while campaigning for the White House, yet he expressed optimism in working out an arrangement once in office. 'We have a golden share, which I control,' said Trump, although it was unclear what he meant by suggesting that the federal government would determine what U.S. Steel does as a company. Trump added that he was 'a little concerned' about what presidents other than him would do with their golden share, 'but that gives you total control.' Still, Nippon Steel has never said it was backing off its bid to buy and control U.S. Steel as a wholly owned subsidiary. The proposed merger had been under review by the Committee on Foreign Investment in the United States, or CFIUS, during the Trump and Biden administrations. The order signed Friday by Trump said the CFIUS review provided 'credible evidence' that Nippon Steel 'might take action that threatens to impair the national security of the United States,' but such risks might be 'adequately mitigated' by approving the proposed national security agreement. The order doesn't detail the perceived national security risk and only provides a timeline for the national security agreement. The White House declined to provide details on the terms of the agreement. The order said the draft agreement was submitted to U.S. Steel and Nippon Steel on Friday. The two companies must successfully execute the agreement as decided by the Treasury Department and other federal agencies that are part CFIUS by the closing date of the transaction. Trump reserves the authority to issue further actions regarding the investment as part of the order he signed on Friday. Associated Press writer Marc Levy in Harrisburg, Pa., contributed to this report Josh Boak, The Associated Press
CBC
37 minutes ago
- CBC
Information about TFSA contribution limits now available, says the CRA
The Canada Revenue Agency (CRA) says it has resolved an issue that prevented people from seeing how much contribution room they had left in their tax-free savings accounts (TFSAs). That information first became unavailable on April 17. CRA spokesperson Charles Drouin told CBC News in an email that the federal agency introduced a new data validation process this year to ensure that tax information submitted to them is accurate. "Upfront validations now advise these filers of errors with their information return submission in real-time and prevent the submission of invalid returns," Drouin wrote. He said the new system would ultimately improve the quality of the data the Canada Revenue Agency receives and allow for any errors to be corrected faster. But he added that "stricter validations and new processes caused delays in receiving and processing the information returns. As a result, there have been delays in processing TFSA annual information returns this year." Each year, Canadians 18 or older get more contribution room in their tax-free savings accounts, which shield investments from taxes. In 2025, for example, the new contribution limit was $7,000. If someone was 18 in 2009 – the year the the savings accounts were introduced – has lived in Canada since then and never contributed to their TFSA, their total contribution limit would be $102,000 as of Jan. 1, 2025. If someone didn't properly track their contributions over the years, though, they could risk going over their limit, which comes with a one per cent interest penalty per month for those funds over the limit. The CRA website notes that posted contribution limits do not take into account any contributions to the TFSA made since Jan. 1, 2025.
