The Governments of Canada and British Columbia announced today 101 renovation and retrofit projects totaling approximately $177 million which is cost-shared under the Housing Renovation Partnership, a jointly funded program to renovate and retrofit social housing over the next two years creating an estimated 1,130 jobs.
Federal funding for this initiative was made available through Canada’s [...]
Hebron-Ben Nevis announcement is going to jump-start the Newfoundland industry, and bring in billions during its life. Employment in St. John’s and area will increase bringing back Newfoundlanders currently working in Alberta. Relocation to St. John’s real estate market will certainly benefit. The overall St. John’s economy will surely boom in the next few years, [...]
Written on June 15, 2009
Interesting news, presented by Moishe Alexander, CFC CEO
The Royal Bank says the Canadian economy will shrink by 2.4 per cent this year, due in part to the substantial 5.4 per cent annual GDP contraction in the first quarter.
That’s the worst quarterly economic performance since 1991 and likely the worst in the [...]