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CTV News
4 days ago
- Business
- CTV News
Mahone Bay, N.S., shops struggle amid year-long construction project
Edgewater Street in Mahone Bay, N.S., is under construction as upgrades to its sewer and stormwater systems are underway. It's a project Mayor Suzanne Lohnes-Croft says has been in the works for years and it's the biggest one they have ever done in this area. 'We have funding for $10 million externally for this project that came in this year. Everything aligned, it's been a long time coming. It's necessary from an asset management point of view. We have very old infrastructure, we have to keep up with what the climate change needs are for our town,' says Lohnes-Croft. The project itself will take about a year to complete and is expected to cost between $13 and $14 million. It includes upgrades to the town's existing services and extends them to Kedy's Landing, near Exit 10. It will eliminate the existing straight pipes to protect the harbour. The plan will also revitalize public space and improve active transportation, accessibility and safety. The street has been torn up for several months and many businesses on the street say they are feeling the impact. 'I think it's safe to say that business is down 30 to 40 per cent because there just isn't the foot traffic that you would typically have. It's tourist town, tourist time, and there just aren't that many tourists,' says Jennifer Buchanan, director of sales and marketing for Buchanans House of Music. 'We happen to be in the chunk of the rerouted section, so we don't get the tour buses, the RVS.' The business is also concerned about the dust. They've been forced to bring in clothing that would normally be outside on display and they are constantly cleaning the musical instruments. 'It's dusty, there's like one word to describe it as you can feel it, it's in the air. It's frustrating, it's certainly not nearly as busy as it has been,' says Buchanan. Jo-Ann's Market normally has fresh fruit and vegetables outside on display for customers, but this year they have had to bring them inside. 'The dust has prevented us from utilizing the fresh fruit and vegetables because we can't put them out,' says Scott Myers, owner of Jo-Ann's Market. Jo-Ann's Market Jo-Ann's Market in Mahone Bay, N.S., is pictured. (Source: Emma Convey/CTV News Atlantic) During a normal tourist season, Myers said they make hundreds of thousands of dollars, but so far this season, it's down about 50 per cent. 'Loss of profit, loss of jobs. We have at least 30 per cent less staff than we normally would have. So that's local people working and staying in the town,' says Myers. 'The areas that they currently have closed off is where the bus tours would typically stop but the tours from what I understand have cancelled their stops there until the construction is over.' Lohnes-Croft says she has seen buses coming into town and it seems busy to her, whether it's local or tourist traffic. She emphasizes there are spaces for tour buses to drop off visitors and her team has reached out to the companies to suggest options. 'We would normally get tour buses constantly, they would park up by the three churches or by Rebecca's restaurant and they are the lifeblood of the tourists that come here. We have been told that they have all been for obvious reasons rerouted around so they will go straight to Lunenburg,' says Buchanan. Businesses like Buchanans House of Music feel compensation of some kind is necessary. Lohnes-Croft explains this is out of the municipality's control as it comes down to the province. 'That can only be done through our provincial government through compensation. Currently there is no compensation that the municipalities can do, that's why we are trying to help with signage and parking and trying to do little things to make things a little easier,' says Lohnes-Croft. The construction is expected to be completed by December. Mahone Bay construction Major construction is underway in Mahone Bay, N.S. (Source: Emma Convey/CTV News Atlantic) For more Nova Scotia news, visit our dedicated provincial page
Toronto Sun
15-07-2025
- Business
- Toronto Sun
EU threatens U.S. planes and whiskey while pressing for deal
Jennifer Buchanan/POOL/AFP/File Photo by Jennifer Buchanan / POOL/AFP/File BRUSSELS — Brussels plans to target U.S. goods including planes, cars and whiskey if trade talks with Washington fail, according to a list seen by AFP on Tuesday, as the bloc renewed its push for a deal. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account Trade commissioner Maros Sefcovic was to talk to U.S. counterpart Jamieson Greer Tuesday, a day after speaking with Commerce Secretary Howard Lutnick. The European Commission said that Brussels was still hopeful for a 'good outcome' in the tariffs standoff. U.S. President Donald Trump threw a curveball into months of EU-U.S. negotiations at the weekend when he announced he would slap a 30% levy on the bloc's goods from August 1 if no deal was made. Until Trump's ultimatum, the EU had been hoping for an accord last week that would stave off higher tariffs and avoid a damaging trade war with its biggest commercial partner. On Monday, Brussels shared with member states a list of U.S. goods worth 72 billion euros ($84 billion) that could be hit by levies if tariff negotiations fail — with several capitals urging the bloc to toughen its stance. This advertisement has not loaded yet, but your article continues below. The 202-page document, seen by AFP on Tuesday, lists big-ticket items like U.S.-made aircraft, cars, chemicals and electrical equipment alongside sundry other items, such as live bees, camels, parrots, condoms and opium. Bourbon whiskey, whose targeting faced resistance from France and Italy for fear of reprisals against European wine and spirits, also features. So are nails, snails, and Christmas trees. Commission spokesperson Olof Gill declined to provide details of Sefcovic's Monday call with Lutnick, but said a technical team from the commission, in charge of trade policy for the 27-nation EU, was heading to Washington 'as we speak.' 'We are in the most sensitive stage of those negotiations right now, working towards getting an agreement in principle over the line before the deadline,' he told reporters. 'We wouldn't be engaging in negotiations if we didn't think those negotiations could lead to a good outcome. So clearly, we think that an agreement in principle, as we have said, is within reach.' RECOMMENDED VIDEO NFL Editorial Cartoons Toronto & GTA Toronto & GTA Columnists
Express Tribune
21-04-2025
- Business
- Express Tribune
Second Boeing 737 MAX returns from China amid escalating tariff dispute
Boeing 737 MAX aircraft are assembled at the company's plant in Renton, Washington, U.S. June 25, 2024. Jennifer Buchanan/PHOTO: REUTERS Listen to article A second Boeing 737 MAX jet intended for a Chinese airline has returned to the United States, as heightened US-China trade tensions disrupt new aircraft deliveries. The aircraft departed Boeing's Zhoushan completion center near Shanghai on Monday and landed in Guam, a regular transit point on the 8,000 kilometre journey between China and Boeing's Seattle production hub. The flight, tracked by AirNav Radar, follows a similar return on Sunday of another 737 MAX bearing the livery of Xiamen Airlines, which landed at Boeing Field in Seattle. It remains unclear whether the decision to recall the aircraft originated from Boeing or the Chinese carriers involved. The move comes in the wake of renewed trade hostilities, with President Donald Trump raising baseline tariffs on Chinese imports to 145%. In retaliation, China imposed a 125% tariff on US goods, including aircraft. These steep duties have made the delivery of Boeing aircraft to Chinese airlines economically unviable, considering the market value of a new 737 MAX is approximately $55 million. Boeing, which did not immediately respond to requests for comment, had previously ferried the jets to Zhoushan for final customisation before delivery. The aircraft's return highlights the growing uncertainty in the global aerospace supply chain, which historically operated under a duty-free status. Analysts warn that the ongoing tariff battle may leave many aircraft deliveries in limbo, with some airline executives considering deferrals to avoid additional costs. The situation poses a fresh setback for Boeing as it seeks to recover from a prolonged delivery freeze and earlier trade-related disruptions involving the 737 MAX program. Meanwhile, Malaysian Airlines has expressed interest in acquiring aircraft should Chinese carriers halt deliveries, potentially offering Boeing alternative buyers in the short term.
