Economy Business Lake Superior News 2017 #LSN_Econ
|CEDC Program - Saturday, April 22, 2017|
#LSN_Econ Starter Company Plus program
THUNDER BAY, ONTARIO -- April 21, 2017 (LSN) Thunder Bay Community Economic Development Commission (CEDC), along with the Ministry of Economic Development and Growth (MEDG) announced a call for applications to the new Starter Company Plus program.
read more ...
Starter Company Plus is open to entrepreneurs over the age of 18 will provide one-to-one counseling with the program coordinator as well as informative workshops for participants to learn from local experts how to effectively start or expand their businesses. Participants have the opportunity to apply for a grant of up to $5,000 upon the completion of a business plan and receive mentorship from local business and community leaders.
|ONTARIO Chamber ECONOMIC REPORT LUNCHEON - Thursday, April 13, 2017|
$LSN_Econ Ontario Chamber of Commerce read more ...
THUNDER BAY, ONTARIO - April 13, 2017 (LSN) A Leaders Luncheon with the Ontario Chamber of Commerce (OCC) will be held on April 21 at the Airlane Hotel & Conference Centre. The event will feature the regional launch of the Ontario Economic Report, a definitive platform that will help shape public policy discussions in the lead up to the provincial election.
This session will include a keynote presentation by Karl Baldauf, OCC Vice President of Policy & Government Relations followed by a panel discussion with Dr. Livio Di Matteo, Professor, Lakehead University, and Doug Murray, CEO, Thunder Bay Community Economic Development Commission, who will highlight the report’s newly uncovered economic data and share their insights about the future of Thunder Bay’s economy.
|Thunder Bay CEDC Launches New Attraction Tool - Friday, March 3, 2017|
New Attraction Tool CEDC #LSNJ_Ecom
THUNDER BAY, ONTARIO --- March 3, 2017 – (lsn) Thunder Bay Community Economic Development Commission’s (CEDC) new attraction tool was launched today. The kickoff took place this morning at the CEDC’s offices.
www.GoToThunderBay.ca will be used to promote the city on a global level. The marketing strategy consists of five pillars: Talent attraction, former resident attraction, specialized manufacturing, opportunity awareness, and business succession.
The CEDC began the project in 2015 after identifying the need to promote economic opportunity in Thunder Bay and attract new businesses and talent. Input was gathered from community partners including local employment agencies, business groups, both educational institutions, as well as other local business support organizations and partners in economic development. read more ...
|East-West Tie Transmission Project - Monday, January 23, 2017|
East-West Tie Transmission #LSN_Ecom
THUNDER BAY, ON --- Janyuary 23, 2017 (LSN) NextBridge proposes to construct an approximately 400 km, 230 kilovolt, double-circuit AC electrical transmission line extending from the existing Hydro One Networks Inc. (Hydro One) Lakehead Transformer Station in the Municipality of Shuniah near Thunder Bay to the existing Hydro One Wawa Transformer Station near Wawa – with a connection at the Marathon Transformer Station.
The expansion involves building a new double-circuit 230 kV line from Wawa to Thunder Bay (approximately 400 km). It will also connect to the Marathon transformer station.
Upgrades at the existing Wawa, Marathon and Lakehead transformer stations will also be undertaken read more ...
|coal phase-out did not significantly reduce air pollution - Tuesday, January 17, 2017|
coal phase-out did not significantly reduce air pollution #LSN_Econ
Thunder Bay, On --- January 17, 2017 (LSN) Shuttering Ontario’s coal-fired power plants had very little effect on reducing air pollution, helped fuel skyrocketing energy costs, and should serve as a lesson to policymakers across the country, finds a new study released today by the Fraser Institute, an independent, non-partisan, Canadian public policy think-tank.
These findings confirm the government’s own internal forecasts prior to the coal phase-out, and they are especially important as the federal government plans to force the phase-out of coal-fired power generation in Canada by 2030.
“Ontario’s example should serve as a warning to the federal government, which is making the same grandiose claims about the benefits of eliminating coal while seemingly ignoring the crisis of Ontario’s soaring energy costs,” said Ross McKitrick, professor of economics at the University of Guelph, read more ...
|Common Voice Northwest Energy East Pipe Line Meetings - Sunday, January 1, 2017|
Common Voice Northwest Energy East Pipe Line #LSN_Econ
Thunder Bay On ---- January 1, 2017 (LSN) The Common Voice Northwest Energy East Task Force is looking for public input into what a significant water crossing looks like along TransCanada Pipeline’s route for their Energy East conversion project.
Common Voice Northwest has received intervenor funding from the National Energy Board to develop a Northwestern Ontario definition of a ‘significant water crossing.” TransCanada Pipelines has promised to provide enhanced protection to those areas where it crosses a significant water crossing and the Task Force wants the public to help define what those crossings as well as sensitive areas look like.
Tanice Marcella, the Chair of the Energy East Task Force announced that public meetings will be held in 12 different communities along or near the line from January 16 to 27. “In addition to the public meetings, our consultants, KBM Resources Group, will be meeting with interested officials from individual Municipalities and First Nations along with various Provincial Ministry representatives with knowledge of the ecology, wildlife, fisheries resources, potable water sourcing along the line” said Marcella. read more ...
Economy Lake Superior News 2016
|Chambers Across Ontario Call for Deferral in Provincial Cap & Trade Program - Tuesday, December 20, 2016|
Call for Deferral in Provincial Cap & Trade Program to prevent jobs #LSN_Econ
THUNDER BAY– December 20, 2016, (LSN) Today the Thunder Bay Chamber of Commerce joined 20 Chambers of Commerce across Ontario called for a deferral of the scheduled to be implemented January 1, 2017, citing high costs of the program layered of top of skyrocketing electricity prices, lack of sector by sector economic impact, as well as a change in policy direction in the United States.
In Ontario, since 2004, electricity prices have increased by 383%, from a flat rate of 4.7 cents per kilowatt hour to 18 cents a kilowatt hour at peak times. The introduction of the cap and trade system will add further charges on natural gas, gasoline and diesel fuel that will be keenly felt by every individual and business in Ontario. read more ...
|NOMA OUTRAGED BY OEB DECISION ON NATURAL GAS EXPANSION FUNDING - Friday, November 18, 2016|
NOMA OUTRAGED BY OEB DECISION #LSN_Economy
THUNDER BAY, ON -- Kenora, ON --- November 18, 2016 – :(LSN) Kenora Mayor David Canfield, President of the Northwestern Ontario Municipal Association reacted today with outrage after learning that the Ontario Energy Board has decided that any community that wants to get natural gas service brought to their homes and businesses will have to pay 100% of the cost of the expansion.
The OEB announced late Thursday that it had rejected the call of NOMA and the Northwestern Ontario Associated Chambers of Commerce that expansion costs should be shared across the entire rate payer base of the Province. The voice of the Northwest was expressed by what was classified as the NOACC Coalition and was supported by independent actions including the Municipality of Sioux Lookout and the Northshore of Lake Superior energy consortium. read more ...
|orthern Policy Institute Now Registered charity - Sunday, November 6, 2016|
Now Registered charity #LSN_Econ
THUNDER BAY, ONTARIO November 6, 2016 (lsn) Northern Ontario’s independent, evidenced-based think tank is pleased to announce it is registered as a charity for educational purposes, and open for donations and sponsorship.
Anyone living in Northern Ontario knows the unique challenges our communities face. Knows our realities and experiences are far different than the realities of the rest of the province.
By supporting Northern Policy Institute, you are a leader in helping to identify opportunities, inspire fresh ideas and develop evidenced-based solutions for and from Northern Ontario. read more ...
|Thunder Bay Hydro and Kenora Hydro Set to Explore Merge - Friday, October 21, 2016|
Thunder Bay & Kenora Hydro sign MOU #LSN_Econ
Thunder Bay, ON – Today, a Memorandum of Understanding (MOU) between Thunder Bay Hydro Electricity Distribution Inc. (Thunder Bay Hydro) and Kenora Hydro Electric Corporation Ltd. (Kenora Hydro) has been signed to authorize the exploration of a merger between the two utilities.
“The current technological and regulatory environment offers both opportunities for and challenges to local electricity distribution companies that might be better addressed through an integration of resources,” says Dave Sinclair, President and CEO of Kenora Hydro. “Our two utilities have already worked together in areas such as conservation, back office support and the acquisition of Smart Meter Technology. read more ...
|Chamber of Commerce Creates Game-Changer Award - Wednesday, October 19, 2016|
Creates Game-Changer Award #LSN_Econ
THUNDER BAY, ONTARIO --- October 19, 2016 (LSN) The Thunder Bay Chamber of Commerce today launched the nomination process for their 2017 Business Awards of Excellence with the announcement of a new award that recognizes the changing nature of the city’s economy and the growing diversity of the business community. read more ...
Chamber President Charla Robinson described the Game Changer Award as a way of celebrating the spirit of collaboration and out-of-the-box thinking that characterizes much of the new business development in the region. “In recent years Thunder Bay has seen a lot of changes – our forestry and mining sectors have faced the ups and downs that are typical of global commodities. Through it all, Thunder Bay has been reinventing itself and now boasts a business community that includes both traditional and innovative sectors. It’s time to recognize the Game Changers,” Robinson said.
|Power.House Partnership Will Benefit Thunder Bay Hydro Customers - Friday, October 7, 2016|
Power.House Partnership TBay Hydro #LSN_Econ
hunder Bay, ON – October 7, 2016 (LSN) Thunder Bay Hydro has signed a partnership agreement with PowerStream Inc. to enable access to the Power.House® technology. The partnership between the two electricity distributors will allow Thunder Bay Hydro to establish an initial installation and then determine how to offer the technology to local customers.
“As a progressive, forward-thinking utility, we are seeking to implement technologies that may benefit our customers,” says Robert Mace. “This is a step forward in the strategic direction for our company. We know that in the future, the way customers use and interact with their electricity supplier is going to change. We are positioning ourselves to help them.” read more ...
|Slow growth in Canada worsened by bad government policy - Tuesday, September 27, 2016|
VANCOUVER, B.C. September 27, 2016 --- / Troy Media/ (LSN) - It seems there’s no shortage of headlines claiming that slow economic growth is the “new normal.” The latest stream came from a recent speech in the United Kingdom by Carolyn Wilkins, senior deputy governor at the Bank of Canada.
In recent years, Canada has seen an onslaught of growth-hindering policies such as increased spending and debt, higher taxes and increased regulation read more ...
|TBCHAMBER SECURES NATIONAL SUPPORT FORESTRY AND MINING - Tuesday, September 20, 2016|
TBCHAMBER SECURES NATIONAL SUPPORT FORESTRY AND MINING #LSN_Ecpm
THUNDER BAY –-- September 20, 2016 (LSN) Mining issues were discussed and adopted including a call for federal partnership in developing mining infrastructure and the need to recognize the Ring of Fire as a project of national significance.
“We were pleased to bring local and regional concerns to this national discussion,” says Charla Robinson, President of the Thunder Bay Chamber of Commerce. “Our accepted proposal on Softwood Lumber is especially important to lumber mills across the region from Kenora and Emo to Longlac and White River. It ensures that Chambers across Canada are on te same page in the call for defense of free trade and the need for government support for the legal and financial challenges that may lie ahead for these companies.” read more ...
|Thunder Bay Hydro Customer Consultation - Monday, September 19, 2016|
Thunder Bay Hydro Customer Consultation #LSN_Econ
Thunder Bay, ON- September 19, 2016 (LSN) Thunder Bay Hydro customers are being invited to voice their opinions about the projected outcomes of the company’s 2017 Distribution Rate Application.
From September 19 through October 3, an online survey will collect feedback on the impact of the 2017 Distribution Rate Application read more ...
|PROSPERITY NORTHWEST BUSINESS GROWTH, - Monday, September 12, 2016|
PROSPERITY NORTHWEST BUSINESS GROWTH, EXPORTING AND SUCCESSION PLANNING #LSN_Ecom
THUNDER BAY, ON ---- September 12, 2016 (LSN) The Thunder Bay Chamber of Commerce 7th Annual Prosperity Northwest Business Forum and Tradeshow which takes place on Wednesday September 21st at the Valhalla Inn will have a new focus this year.
The Chamber is pleased to have Suzanne Cormier, Senior Trade Commissioner from the Consul General in Canada, US office, address the business community on “Doing Business in the U.S. Upper Mid-West – A Land of Opportunity for NW Ontario Business”. read more ...
|The Future of Northwestern Ontario ....Be Part of Creating the Solution - Sunday, September 11, 2016|
The Future of Northwestern Ontario ....Be Part of Creating the Solution #LSN_Econ
THUNDER BAY, ONTARIO ----- September 11, 2016 (LSN) Common Voice Northwest (CVNW) is hosting a one-day conference in Thunder Bay designed to assist the region in preparing for a significant population shift over the next 25 years.
With the population of Northwestern Ontario projected to shrink by 50,000 or more people between now and 2045 Common Voice Northwest is hosting a one-day conference to start the process of figuring out what to do about this fundamental change. “From an economic stability perspective that means we will need 25,000 new workers just to keep current businesses, industries and public institutions running” said CVNW Chair, Wendy Landry. “The challenge facing the region is how can we replace those people and those workers that support both the public and private sectors,” added Landry. read more ...
|FREE TRADE NEEDED ON SOFTWOOD LUMBER - Thursday, September 1, 2016|
FREE TRADE NEEDED ON SOFTWOOD LUMBER #LSN_Econ
THUNDER BAY, On - Sept 1, 2016 (LSN) The Thunder Bay Chamber of Commerce is speaking out about the need for free trade on softwood lumber for the local forest industry. Canadian and U.S. government officials are working to reach a new deal before the one-year freeze on any new countervailing and anti-dumping duties expires in October but time is running out.
“The United States has been clear that they want a one size fits all solution that would manage lumber imports and reduce Canada’s share of the US market,” says Charla Robinson, President of the Thunder Bay Chamber of Commerce. “A hard cap quota would have a detrimental effect on the Northwestern Ontario forest industry and is not a good deal for Canada.” read more ...
|THUNDER BAY TO HOST 2018 CANADIAN CHAMBER ANNUAL MEETING - Friday, June 24, 2016|
THUNDER BAY TO HOST 2018 CANADIAN CHAMBER ANNUAL MEETING #LSN_Economy
THUNDER BAY, ON -- June 24, 2016 (LSN) Perrin Beatty, President and CEO of the Canadian Chamber of Commerce and Thunder Bay, Chamber President Charla Robinson announce Thunder Bay to host 2018 Canadian Chamber annual meeting.
The Thunder Bay Chamber is extremely proud to announce that we have been selected to host the 2018 Annual General Meeting and Convention for the Canadian Chamber of Commerce. read more ...
|CHAMBER CAUTIOUSLY OPTIMISTIC ON NATIONAL PENSION REFORM - Tuesday, June 21, 2016|
CHAMBER CAUTIOUSLY OPTIMISTIC ON NATIONAL PENSION REFORM
THUNDER BAY, ON ---- June 21, 2016 (LSN) Last night, the Federal Government announced that an agreement has been reached with the Provinces to move ahead with national pension reform. read more ...
Charla Robinson, President of the Thunder Bay Chamber of Commerce comments, “I am encouraged by the agreement between the Federal and Provincial governments of the need to reform the Canada Pension Plan
|Road to Massive Economic Change and Uncertainty - Sunday, May 22, 2016|
Road to Massive Economic Change and Uncertainty #LSNeconomy
THUNDER BAY, ON --- May 22, 2016 ---- According to a report in the Globe and Mail “Ontario to spend $7-billion on sweeping climate change plan”, Ontario is about to up the ante when it comes to climate change and energy policy by embarking on a $7-billion dollar plan to completely transform how people use energy. Ontario is planning to phase out natural gas for heating and provide incentives to retrofit buildings and buy electric cars. Most concerning, the government is in a hurry to implement these changes. For example, Ontario is planning to bring in building code rules requiring all new homes by 2030 to be heated with electricity or geothermal systems, and will set a target for 12 per cent of all new vehicle sales to be electric by 2025.
read more ...
|Amazon entry into food giving other retailers nightmares - Thursday, May 19, 2016|
Amazon entry into food giving other retailers nightmares #LSNeconomy
The Canadian grocery marketplace is in for dramatic change, and that should be of benefit to consumers
y Sylvain Charlebois read more ...
HALIFAX, N.S. / Troy Media/ – E-retailing giant Amazon has signalled a clear commitment to food products – and to millennials – with its new line of private-label foods.
Amazon’s move to food bearing its label follows in the footsteps of Target and Walmart. And the shift sends a clear signal about greater strategic intentions that should shake the foundations of the food retail industry.
|Moving Targets Re-estimating Canada's Federal Deficits - Thursday, May 12, 2016|
Moving Targets Re-estimating Canada's Federal Deficits #LSNeconomy
Federal deficits could total almost $200 billion over next five years
TORONTO, ON ------ May 12, 2016 ---- —The federal government’s plan to run $113.2 billion in deficits over the next five years is premised on unrealistic assumptions regarding future spending restraint, which will likely result in much larger deficits and debt accumulation, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. read more ...
|April 2016 Housing Starts in Thunder Bay - Monday, May 9, 2016|
April 2016 Housing Starts in Thunder Bay #LSNeconomy
THUNDER BAY, ONTARIO--(Marketwired - May 9, 2016) - Housing starts in Thunder Bay Census Metropolitan Area (CMA) were trending at 150 units in April, down from 200 units in March according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts. read more ...
"The trend's downward movement in April marks the fifth month that the trend has moved down after a solid run-up that had begun in April of 2015. The decline can be attributed primarily to weaker multiple-unit housing starts, which include semi-detached homes, townhouses and apartments. Flat employment and a resale market moving into balance caused starts to slow in the last few months," concluded Warren Philp, CMHC Market Analyst for the Thunder Bay CMA.
|Beaux Daddy's Chamber After Business - Tuesday, April 19, 2016|
Beaux Daddy's Chamber After Business #LSNchamber
THUNDER BAY, ON --- Arpril 19, 2016 ---- On Wednesday April 20th, at the Thunder Bay Chamber of Commerce "After Business" event being hosted by Beaux Daddy's Canajun Grillhouse, you can catch James along with Calum Robertson on Lead Guitar and Tom Boshcoff on Stand-Up Bass from 5:00 to 7:00 pm... and perhaps a little later for those who stick around. read more ...
|TB Chamber Business Awards Nominations - Tuesday, March 29, 2016|
TB Chamber Business Awards Nominations #LSNeconomy
THUNDER BAY, ON --- March 29, 2016 --- In a media release Nancy Milani, Events Manager stated the Thunder Bay Chamber of Commerce Annual Business Awards of Excellence are taking place Saturday, April 9th 6pm at the Victoria Inn and Conference Centre.
The evening begins with a Champagne Reception followed by a four course dinner and presentation of 16 different awards.
read more ...
|AV Terrace Bay Receives First Delivery of Wood Fibre From Mkwa Timber LP - Sunday, March 27, 2016|
AV Terrace Bay Receives First Delivery of Wood Fibre From Mkwa Timber LP #LSNeconomy
Terrace Bay, ON - March 27th, 2016 - AV Terrace Bay receives the first delivery of wood fibre from Mkwa Timber LP. This shipment comes following the February announcement of the agreement between Mkwa Timber LP and AVTB. read more ...
This inaugural delivery of wood fibre is the first shipment since Biigtigong Nishnaabeg (formerly Pic River First Nation) took possession of its new Ponsee harvesting equipment in January. Both parties are excited about the potential harvest capacity and the growing relationship between Mkwa Timber and AVTB. Mkwa Timber has become a significant fibre supplier and its wood fibre is part of AV Terrace Bay’s committed Crown fibre supply from the Pic River Forest, which is being sustainably managed by the Nawiinginokiima Forest Management Corporation.
|Ontario’s Debt Balloon - Saturday, March 19, 2016|
Ontario’s Debt Balloon #LSNeconomy
THUNDER BAY, ONTARIO --- March 19, 2016 --- The Ontario government’s net debt has expanded from 28% of the provincial economy in 2008/09 to an expected 40% in 2014/15. This represents an increase of over $117 billion or $7,800 more debt per On-tarian. The debt-to-GDP ratio is now much higher than during the fiscally challenging decade of the 1990s, when it peaked at 32%. The growth in debt since the recession is due mainly to exceptionally high spending rather than weakness in revenues. By 2010/11, revenues were back above their pre-recession level but the gap between spending and revenues had grown enormously. read more ...
|TBay BUDGET PROCESS SHOWS CHALLENGES TO COME - Tuesday, March 8, 2016|
TBay BUDGET PROCESS SHOWS CHALLENGES TO COME #LSNeconomy
THUNDER BAY, ON ---- March 8, 2016 ----– Last night, City Council ratified the 2016 Budget resulting in a 4.04% increase in the tax levy as well as increases in numerous user fees for business and residents. read more ...
“The reduction of the tax levy increase from the starting point of 5.77% shows that the business community’s concerns about rising costs were heard by Council,” says Charla Robinson, President of the Chamber of Commerce. “The Chamber is pleased that Council was able to bring the final tax levy increase down to 4.04%, representing a 2.10% increase for existing taxpayers.”
|Inter-Community Bus System Proposed for the Northwest - Tuesday, February 9, 2016|
Inter-Community Bus System Proposed for the Northwest #LSNeconomy
THUNDER BAY, ON --- February 9, 2016 --- Thunder Bay and Northwestern Ontario leaders are calling on the Government of Ontario to implement an inter-community bus system designed to connect all of the communities in the region to each other and to provide sufficient funding to ensure that it is sustainable.
read more ...
A report commissioned by Common Voice Northwest and endorsed by the Northwestern Ontario Municipal Association and the Northwestern Ontario Associated Chambers of Commerce analyses the existing bus system in the region, identifies the gaps and makes the case for an enhanced service that will ensure travellers from both the western and eastern parts of the region can reach the regional hub of Thunder Bay in a timely manner each day, do their business and return home that same evening. The report was released to the public at the Kenora District Municipal Association on Feb 5, 2016.
|AV Terrace Bay Announces upply Agreement With Mkwa Timber LP - Saturday, February 6, 2016|
AV Terrace Bay Announces upply Agreement With Mkwa Timber LP #LSNeconomy
THUNDER BAY, ON -- February 6, 2016 --- AV Terrace Bay Announces New Supply Agreement With Mkwa Timber LP TERRACE BAY, February 5, 2016 - AV Terrace Bay Inc. (AVTB) Friday announced a contractual agreement with Mkwa Timber LP which initiates a long term partnership where Mkwa Timber LP becomes a significant fibre supplier to AVTB. read more ...
AVTB and Mkwa Timber have been working diligently towards this agreement for the last year as Mkwa Timber developed their harvest capacity / investment strategy. The wood fibre being harvested by Mkwa Timber is part of AV Terrace Bay’s committed Crown fibre supply from the Pic River Forest, being sustainably managed by the Nawiinginokiima Forest Management Corporation.
|Interest payments are Ontario’s fastest growing expense - Friday, January 29, 2016|
Interest payments are Ontario’s fastest growing expense #LSNeconomy
Interest payments are Ontario’s fastest growing expense —faster than health and education spending growth
THUNDER BAY, ON --- January 29, 2016 --- This year, Ontario is projected to run its eighth consecutive budget deficit, which will be approximately $7.5 billion. And since 2007/08, it will have racked up an additional $141.7 billion in government debt. read more ...
The provincial government has repeatedly promised that it will finally eliminate the deficit and achieve a balanced budget by 2017/18. However, the government’s own Financial Accountability Office has pointed out significant risks to the government’s plan, including the fact that it has not yet provided a clear, specific plan to achieve the kind of spending restraint required to meet this target.
|CHAMBERS OF COMMERCE TO GROW ECONOMY AND SPUR JOB CREATION - Thursday, January 28, 2016|
CHAMBERS OF COMMERCE TO GROW ECONOMY AND SPUR JOB CREATION #LSNecomomy
CHAMBERS OF COMMERCE DELIVER LANDMARK AGENDA TO GROW ECONOMY AND SPUR JOB CREATION
Ontario business confidence drops by 17 points to a five-year low
THUNDER BAY, ON --- January 28, 2016 ---- This week, the Ontario Chamber of Commerce (OCC) and the Thunder Bay Chamber of Commerce, in partnership with the Mowat Centre, released the fifth and final iteration of Emerging Stronger. A detailed economic agenda for Ontario, Emerging Stronger 2016 identifies the immediate steps that government and the private sector must take to enhance Ontario’s economic competitiveness and spur job creation in the province. read more ...
Ontario businesses are increasingly unsure about the direction of the provincial economy, according to a new survey from the OCC and Leger. The annual Ontario Business Confidence Index, featured in Emerging Stronger 2016, shows that business confidence in the Ontario economy is at a five-year low.
|Career Fair to Help Attract New LA-Based Company to TBay - Monday, January 25, 2016|
Career Fair to Help Attract New LA-Based Company to TBay #LSNeconomy
THUNDER BAY, ON ---- January 25, 2016 --- – A career fair hosted by VXI Global Solutions, LLC to gauge available workforce in Thunder Bay will take place on Friday, Jan. 29 and Saturday, Jan. 30, at the contact centre facility located in Victoriaville Mall. read more ...
The City of Thunder Bay’s Community Economic Development Commission (CEDC) and Realty Services Division have been working as a team to attract a new contact centre to the community. VXI responded to the opportunity, and the Thunder Bay team in partnership with local employment services agencies, is working with the company to help organize the Career Fair.
|Employment After Graduation? Yes, with StayNorth - Friday, January 22, 2016|
Employment After Graduation? Yes, with StayNorth #LSNecomomy
THUNDER BAY, ON --- January 29, 2016 --- “Graduation is only a few months away for many students and finding employment is a concern for some. StayNorth is helping to take employment worries away for qualified students.” said Dr. Ron Common, President Sault College.
Our migration statistics seem to indicate Northern Ontario continues to suffer from youth moving south for education and employment. StayNorth is offering students an opportunity to finish their eduction in the North and to start their career in the North. The StayNorth initiative is part of a cooperative effort by the six Northern Ontario colleges* through their Study North program. read more ...
|How will the Trudeau government handle challenging economic environment in 2016? - Sunday, January 17, 2016|
How will the Trudeau government handle challenging economic environment in 2016? #LSNeconomy
THUNDER BAY, ON --- January 17, 2016 ---- The Trudeau government has a full agenda on its plate for 2016 given the global political and economic environment, as well as its own list of election promises. read more ...
Yet, the fundamental issue that Ottawa must deal with is simple: how Canada will continue to make its economic way in the world given the end of the commodity boom and the tightening of global credit markets. With a lackluster Central Canadian economy and a depressed Western Canadian resource sector, rising interest rates will reduce what has been an important source of stimulus for the Canadian economy.
|Free Workshops for Entrepreneurs - Monday, January 4, 2016|Free Workshops for Entrepreneurs #LSNeconomy
THUNDER BAY, ON ---- January 4, 2016 ---- The Thunder Bay Community Economic Development Commission (CEDC) and Thunder Bay & District Entrepreneur Centre (EC) along with the Northwestern Ontario Innovation Centre will be hosting a series of free workshops for entrepreneurs starting in February 2016.
Running through to March, the seminars are aimed at small business owners and will cover topics in marketing and communications, media, online advertising, as well as research & development tax credits. Organizer Lexie Penko says, “We’re finding that clients are looking for training and education around online advertising, blogging, and public relations, so we’re bringing in presenters with a lot of knowledge in those areas. read more ...
|SHOPPERS ASKED TO CHOOSE TBAY FIRST - Tuesday, December 1, 2015|SHOPPERS ASKED TO CHOOSE TBAY FIRST #LSNeconomy
THUNDER BAY, ON --- December 1, 2015 --- – The Thunder Bay Chamber of Commerce launched a community awareness campaign Monday aimed at encouraging shoppers to Choose Thunder Bay First when making purchases.
A group of Chamber members gathered together to introduce the Choose TBay First campaign, which asks shoppers to consider the many good reasons to visit local merchants before looking to the internet or over the US border for their purchases. The campaign, which is primarily being conducted on Facebook through the ChooseTBayFirst page, features a mix of awareness messaging and special offers and promotions from participating local merchants. read more ...
|CHAMBER OF COMMERCE ANNOUNCES 2016 BOARD OF DIRECTORS - Monday, November 16, 2015|
CHAMBER OF COMMERCE ANNOUNCES 2016 BOARD OF DIRECTORS #LSNeconomy
THUNDER BAY, ON --- November 17, 2015 --- Mark Mikulasik will officially be sworn in as the 2016 Chair of the Board at our Annual General Meeting & Chair’s Dinner in January 2016. The Thunder Bay Chamber of Commerce is the “Voice of Business” for over 950 businesses and 14,000 employees in Thunder Bay and area read more ...
|Poor policy choices undermined Ontario’s competitiveness - Monday, November 9, 2015|
Poor policy choices undermined Ontario’s competitiveness #LSNeconomy
CALGARY, AB and VANCOUVER, BC, THUNDER BAY ON/ Troy Media/ – November 9, 2015 --- Ontario's approach to electricity policy has driven up prices for businesses and residents, undermining competitiveness. This is just one example of how misguided policy choices have contributed to Ontario's economic weakness in recent years.
Once the engine of Canada's economy, Ontario is now mired in a prolonged period of weak performance. In 2003, Ontario's real GDP growth fell below the national average and consistently lagged behind the rest of Canada over the next decade. Consequently, real disposable household incomes in Ontario, which were fully 10 per cent higher than the national average in 2000, fell below the Canadian average for the first time on record in 2012 and 2013.
read more ...
|Ontario aviation fuel tax and the ecomony - Sunday, November 1, 2015|
Ontario aviation fuel tax and the economy #LSNecomomy
THUNDER BAY, ON ---- November 1, 2015 ---- At a roundtable jointly hosted by the Thunder Bay Chamber of Commerce, the Thunder Bay International Airport and the National Airlines Council of Canada, business and community leaders met to discuss air transportation’s role in driving jobs, tourism, economic growth and investment across the Thunder Bay region and beyond. Participants also reiterated concerns that the recent hike in the Ontario aviation fuel tax – to the highest rate in the country – is hurting Thunder Bay’s ability to grow business, travel and tourism.
“We continue to hear from every corner of the province that aviation plays a critical role in unlocking the potential of Ontario’s communities,” said National Airlines Council of Canada Executive Director Marc-André O’Rourke. “The impact of Ontario’s aviation fuel tax is felt especially in Thunder Bay and surrounding regions who rely heavily on air transportation for the delivery of goods, services and health care,” added O’Rourke. read more ...
|OHFC FUNDING MULTI-PURPOSE COMPLEX IN ATIKOKAN - Thursday, October 15, 2015|
OHFC FUNDING MULTI-PURPOSE COMPLEX IN ATIKOKAN #LSNeconmy
THUNDER BAY, ON ------ October 15, 2015 ---- Last Friday, MPP Bill Mauro was in Atikokan to announce an investment of $1,000,000 from the province’s Northern Ontario Heritage Fund Corporation (NOHFC) to the Town of Atikokan. This funding will assist with the transition of the current Municipal Swimming Pool and Community Arena into a re-vamped Multi-purpose Recreation and Wellness Complex. read more ...
The community will enjoy a broader range of activities and people with disabilities will benefit from improved accessibility at the new Complex, slated to begin construction in the spring of 2016. It will also provide opportunities for entrepreneurs to rent space (internet café/fitness centre) and increase the variety of sporting events, competitions, trade shows, entertainment and First Nations gatherings.
|Small Business Showcase - Tuesday, October 6, 2015|
Small Business Showcase #LSNeconomy
THUNDER BAY, ON ---- October 2, 2015 – Thunder Bay Community Economic Development Commission (CEDC) and Thunder Bay and District Entrepreneur Centre (EC) present Small Business Showcase during BDC Small Business Week™, on Oct. 22, 2015 at the Victoria Inn, Embassy Ballroom.
Small Business Showcase is a new event designed to improve and develop core communication and networking skills. Under the theme of effective communication, the event begins with a luncheon keynote presented by Barry Spilchuk, speaker and coauthor of A Cup of Chicken Soup for the Soul. He will later host an interactive workshop and share many strategies on how to grow your business. Valerie Marasco, Supervisor – Corporate Communications at City of Thunder Bay, will host the second interactive workshop titled How to Deal with the Media. read more ...
|THUNDER BAY CHAMBER URGES PROVINCE TO DESIGN CAP AND TRADE SYSTEM IN A WAY THAT PROTECTS JOBS, GROWS - Sunday, October 4, 2015|
THUNDER BAY CHAMBER URGES PROVINCE TO DESIGN CAP AND TRADE SYSTEM IN A WAY THAT PROTECTS JOBS, GROWS OUR ECONOMY, AND REDUCES GHGS #LSNeconomy
THUNDER BAY ON --- October 4, 2015 ---- The Thunder Bay Chamber of Commerce in partnership with the Ontario Chamber of Commerce (OCC) released a report in response to the government's decision to implement a province-wide cap and trade system. With this decision, Ontario is joining a growing number of jurisdictions who are taking action to address climate change, including large emitters like China and the United States. read more ...
The report, Clean Profits, highlights seven key recommendations that government should address throughout the development and implementation process of the cap and trade system. Adopting these recommendations will help to maximize the environmental and economic benefits of the system while minimizing the cost on business.
“Ontario’s business community understands the need to address climate change,” said Allan O’Dette, President and CEO of the OCC. “If designed correctly, the government’s proposed cap and trade system could present significant opportunities for Ontario and make us a more competitive jurisdiction. If designed poorly, however, it could lead to negative outcomes; hurting jobs, the economy, and even our environment.”
To inform this report, the OCC worked with employers of all sizes and across major sectors of the economy, many of whom have practical experience in other jurisdictions that currently employ carbon pricing policies. Based on this consultative process, the report identifies a set of common recommendations regarding the proposed system, including around system design.
|Government Extends Deadline on Intercity Bus Consultation - Wednesday, September 30, 2015|
Government Extends Deadline on Intercity Bus Consultation #lsnECONOMY
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THUNDER BAY, ON ---- September 30, 2015 – The Northwestern Ontario Municipal Association (NOMA) is applauding the Government of Ontario for providing an extension to the period for public comment on the future of inter-city bus services until Friday, October 23. NOMA, along with a number of individual municipalities and the Common Voice Northwest Transportation Task Force had called for the extension after it was recognized that no one in the region even knew about the consultation.
|TBRHSC new energy saving addition to central plant - Sunday, September 27, 2015|
TBRHSC new energy saving addition to central plant #LSNeconomy
New combined heat and power plant will save $500,000 annually
THUNDER BAY, ON --– September 27, 2015 ---- Thunder Bay Regional Health Sciences Centre (TBRHSC) celebrated its new Combined Heat and Power (CHP) plant which promises to reduce the hospital’s average annual electricity bills by a half million dollars. read more ...
For the past two years, TBRHSC has been working with Thunder Bay Hydro and Johnson Controls to develop and implement the CHP project, which will be operational by the end of 2015. The project is not only beneficial to TBRHSC, but also the City of Thunder Bay and the people of Northwestern Ontario.
|NOMA EXPRESSES CONCERN OVER REDUCTION IN GREYHOUND SERVICES - Monday, September 14, 2015|
NOMA EXPRESSES CONCERN OVER REDUCTION IN GREYHOUND SERVICES #LSNeconomy
THUNDER BAY, ON --- September 14, 2015 - - The Northwestern Ontario Municipal Association (NOMA) is sounding the alarm bells following the discovery that Greyhound Canada will reduce services in Northern Ontario by 50 percent. read more ...
Greyhound confirmed to the Northeastern Ontario media in late August that effective September 25 bus service through Northwestern Ontario will be cut in half. Currently, there are two runs in each direction. After the cuts there will only be one. There has been minimal publicity throughout the Northwest on Greyhound’s decision.
|Premiers must make up their minds on energy - Tuesday, July 28, 2015|
Premiers must make up their minds on energy #LSNenergy
THUNDER BAY, ON / CALGARY, AB/ Troy Media/ - July 28, 2015 --- Canada’s premiers concluded their most recent meetings last week with the release of Canada’s Energy Strategy, a document that “charts a path for shaping the sustainable development of Canada’s energy future.” The plan includes such undefined recommendations as to “promote energy efficiency and conservations,” “transition to a lower carbon economy,” “facilitate the development of renewable, green and/or cleaner energy sources,” and “promote market diversification” for Canada’s energy resources, among others.
The real problem with the strategy is that, on many levels, it continues the somewhat contradictory approach the premiers have long displayed regarding energy development.
While playnig up the importance of the energy sector to the Canadian economy, the premiers’ report actually promotes policies that will cripple it. While laudinig the industry that directly contributes 10 per cent of Canada’s GDP and directly and indirectly employs more than 900,000 Canadians, making it one of Canada’s most important industries, they then accept politically-derived climate change goals that would require most of that industry to stop growth in only a few years if the targets are to be reached.
For example, the premiers accept the internationally set goal of limiting climate change to 2 C. But a recent study in Nature, a weekly journal, suggests that to achieve this Canada will have to leave 85 per cent of its bitumen in the ground. Another study of fossil fuel growth potential under the 2 C target, recently re-crunched by environmentalists, concluded that we must produce zero net new emissions by 2018.
If the premiers mean what they say about that 2 C target, they’re accepting the end of Canada’s hope for fossil fuel production growth in only three years.
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|Ontario's fiscal crisis keeps growing - Tuesday, July 28, 2015|
Ontario’s deficit, public debt and rising electricity prices are undermining business confidence # LSNeconomy
THUNDER BAY, ON/ Troy Media/ --- July 28, 2015 --- Ontario’s private sector job creation finally seems to be picking up, but two important factors threaten to undermine continued recovery: the provincial debt and high electricity prices. While they are seemingly different issues, both will work to undermine investor confidence in Ontario’s economic future. read more ...
The provincial gross outstanding debt has grown to $315 billion and, at nearly 40 per cent, the net debt-to-GDP ratio now exceeds the federal government’s. Interest on the debt is $11.4 billion and, with the budget still not balanced, the debt and interest payments will continue to grow.
The lack of confidence in Ontario being able to get a firm grip on its budgetary performance was most recently highlighted by Standard and Poor’s reduction of Ontario’s credit rating from A plus to A double-negative. While Ontario is not on the road to Greece, it nonetheless appears to be merrily meandering along the hiking trail to fiscal perdition. The Finance minister has essentially downplayed the debt downgrade and the provincial government is on a $130-million infrastructure spending plan designed to kick-start Ontario’s economy that will add to its borrowing.
Then there is the cost of electricity. Since 2009, the average value of the Electric Power Selling Price Index for Ontario compiled by Statistics Canada has grown by 32 per cent for those using more than 5000Kw of electricity and 42 per cent for those using less than 5000 Kw. Compare that to the increases for Canada as a whole over the same period of 23 and 25 per cent respectively. Moreover, the industrial rate for electricity in Ontario is expected to increase another 13 per cent over the next five years.
Electricity prices began escalating in Ontario starting in 2000. Since then, manufacturing employment in the province has dropped 30 per cent. The 2009 economic downturn and the high dollar only compounded the carnage. Of course, the rise in electricity prices not only affects firms but also consumers by reducing the disposable income they have for spending on other goods and services.
|Public sector employment on rise in Canada - Tuesday, July 7, 2015|Public sector employment on rise in Canada #LSNeconomy
THUNDER BAY, ON/ Troy Media/ July 7, 2015 ---- Think back to the early 1990s, a period when Canada’
s federal and provincial governments faced a major fiscal crisis driven by massive red ink at both the federal and provincial levels. Governments responded with sweeping action, including restraint and spending reforms, which helped position the country for stronger economic performance thereafter.
As part of their response, governments reduced transfers and their payrolls, resulting in a smaller share of Canadians employed in the public sector. Specifically, the public-sector share of employment in Canada (excluding the self-employed) fell from 26.1 per cent in 1992 to 22.3 per cent in 2003.
However, since then the share increased, peaking at 24.4 per cent in 2010 before dropping slightly to 24.1 per cent by 2013. The public sector now employs a bigger chunk of Canadians than it did in 2003. In fact, over the 10 years leading up to 2013, all provinces (except Newfoundland and Labrador) saw an increase in their share of public-sector employment. Today, over 3.6 million Canadians work for the public sector.
So how did we get here?
From 2003 to 2013, employment in Canada’s public sector increased by 22.6 per cent, more than double the rate of increase in the private sector (10.7 per cent). During this period, public-sector employment grew at a faster rate than the private sector in all the provinces except, again, Newfoundland and Labrador.
By a considerable margin, this phenomenon was most pronounced in Ontario. From 2003 to 2013, public sector employment growth in Ontario (27.6 per cent) dramatically outpaced private sector employment growth (5.6 per cent) by a whopping 22 percentage points. Interestingly, Ontario’s 10-year increase in public sector employment coincides with a period of dramatic increases in provincial government spending, rising government debt, and sluggish economic growth.
There are important adverse economic and fiscal implications that may result from growing public-sector employment. Empirical research points to a so-called “crowding-out” effect where employment through public-sector job creation is offset by a reduction in private sector employment elsewhere in the economy. This is a concern because it’s the private sector – through investment and innovation – that ultimately generates the wealth and taxes needed to provide the public services that we all hold dear. read more ...
|Thunder Bay get new LCBO Store - Wednesday, June 24, 2015|
Thunder Bay get new LCBO Store #LSNeconomy
THUNDER BAY, ON --- JUNE 24,2015 ---- ● The official opening of the relocated LCBO Thunder Bay store was Tuesday, June 23, 2015, at 9:30 a.m.
The new location at 1095 Arthur St. W. will provide convenient and one-stop beverage alcohol service to more than 52,000 residents. read more ...
The14, 500 square-foot store has more than 9,000 square feet of display space – almost twice as much as the previous store it is replacing.
This relocated store carries a wide selection of more than 2,000 wines, spirits, beers, ready-to-drink cocktails and coolers. It also features a selection of up to 350 VINTAGES premium wines and spirits.
The store has a prominent Ontario wine display showcasing about 440 Ontario wines, including some 290 VQA wines.
|Downward trend in Housing Starts continues - Monday, June 8, 2015|
Downward trend in Housing Starts continues # LSNeconomy
THUNDER BAY, ONTARIO--(Marketwired - June 8, 2015) - Housing starts in Thunder Bay, Census Metropolitan Area (CMA) were trending at 106 units in May, almost the same as 107 units in April according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six month moving average of the monthly seasonally adjusted annual rates (SAAR) 1 of housing starts. read more ...
"The downward trend in housing starts in Thunder Bay, in evidence since January, continued in May. Abundant listings at the high end of the resale market are restraining new housing demand. Households considering building a new home may find something that meets their needs among these higher-priced listings in the resale market that are close substitutes to new houses. Weakening employment levels may also be dampening demand for new singles, as homeowners looking to sell a resale home before buying new may face a greater challenge finding a buyer," observed Warren Philp, CMHC Market Analyst.
|Increasing Minimum Wage Increase Youth Unemployment - Friday, June 5, 2015|
Increasing Minimum Wage Increase Youth Unemployment #LSNeconomy
VANCOUVER, B.C. / THUNDER BAY, ON / Troy Media/ - June 5, 2015 --- The new NDP government in Alberta has indicated it will aggressively increase the province’s minimum wage from $10.20 to $15 per hour over the next three years. There are a number of problems with this campaign promise that is now becoming policy. Ignoring experience and pursuing policies based on good intentions and ideology will not solve the province’s pressing problems.
First, and contrary to some pundits, there is a preponderance of evidence, particularly from Canada that minimum wage increases adversely affect low-skilled and young workers. A recent comprehensive review of international research led by Professor David Neumark concluded the balance of the research shows that minimum wage hikes negatively affect employment among low-skilled and young workers.
Canada is often used for minimum wage research because of the variation between provinces. There are more than a dozen Canadian studies examining provincial minimum wage increases. The Canadian evidence finds, on average, a 10-per-cent increase in the minimum wage decreases youth employment by between 3 and 6 per cent.
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|Cessna Grand Caravan Loading in Pickle Lake - Tuesday, June 2, 2015|
Cessna Grand Caravan Loading in Pickle Lake - 1st shipment of food supplies under new supply chain partnership #LSNeconomy
THUNDER BAY, ON – June 2, 2015 – Nine (9) First Nation communities are pleased to announce a change in their supply chain. These communities have identified significant cost-efficiency improvements in the air freight-handling component of their existing food and everyday needs supply chain by partnering with North Star Air of Thunder Bay. To complete the supply chain, their partner North Star Air has also entered into an agreement with The North West Company.
This contract driven by the nine (9) First Nation communities will bring long term benefits to all respective parties but most importantly to all First Nation communities served under this contract. First Nation community benefits will include improvements with on-time delivery, security of supply and overall service level improvements. The core value of this new relationship is to improve the quality of life for the First Nation communities.
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|NOMA EXPRESSES OPPOSITION TO THE SALE OF HYDRO ONE ASSETS - Wednesday, May 27, 2015|
NOMA EXPRESSES OPPOSITION TO THE SALE OF HYDRO ONE ASSETS ##LSNeconomy
THUNDER BAY, ONTARIO --- May 27, 2015 --- The Northwestern Ontario Municipal Association (NOMA) wrote to Premier Wynne today asking that the Government of Ontario reconsider its plan to sell off Hydro One assets. read more ...
As announced in the Provincial Budget, the Government of Ontario will begin selling up to 60% of the value of Hydro One starting this fall. The government projects that it will receive $9 billion as a result of the sale and that $5 billion will go towards reducing outstanding debt and $4 billion will be allocated towards transit, transportation and other priority infrastructure projects across the province.
|North Star Air Expanding its Coverage of the North - Tuesday, May 26, 2015|
North Star Air Expanding its Coverage of the North #LSNeconomy
New operating base in Red Lake and new services for Neskantaga First Nation from Pickle Lake
THUNDER BAY, ON - May 26, 2015 – Effective May 25th 2015 North Star Air of Thunder Bay, Ontario is opening up its new operating base in Red Lake and effective June 1st 2015 they are offering new services to Neskantaga First Nation from their operating base in Pickle Lake as part of their ongoing growth and expansion plans for servicing the North.
From the new Red Lake base they will be offering their full suite of cost-effective air transportation solutions that include Charter, Passenger and Freight/Cargo services. The initial communities that will be serviced from Red Lake with North Star Air’s flex-flight services are Deer Lake, Pikangikum and Poplar Hill.
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|Greater clarity needed on Aboriginal title - Sunday, May 24, 2015|
Greater clarity needed on Aboriginal title $LSNeconomy
The law of unintended consequences coming back to bite First Nations communities after the Tsilhqot'in decision
THUNDER BAY, ON / Troy Media/ - Last summer I wrote that the Supreme Court’s Tsilhqot’in decision, which for the first time granted Aboriginal title outside an Indian reserve, was going to be a real game changer and would “increase uncertainty in Canada’s natural resource sectors in areas lacking treaties with First Nations.”
Since then we’ve seen First Nations in British Columbia serve eviction notices to corporations, take resource companies to court over title claims, and most recently, the Lax Kw’alaams band reject a billion dollar deal from Pacific NorthWest LNG for a liquefied natural gas (LNG) project proposed on Crown land. Last Wednesday, Premier Christy Clark said that project will move forward, although negotiations are ongoing with the band. This project, if it eventually breaks ground, could net up to 4,500 construction jobs and an investment of $11 billion in B.C.
All of this this uncertainty, spurred by last summer’s court decision, has reduced confidence in B.C.’s mining sector. For example, in 2014, 50 per cent of respondents to the Fraser Institute annual survey of mining company executives indicated that land uncertainty was either a strong deterrent to investment or a reason to simply not invest, up from 32 per cent in 2013. Increased uncertainty also threatens LNG investment in B.C. The LNG sector is expected to yield great returns for British Columbians if projects come to fruition. The provincial government states that if five LNG plants are built, they would add $1 trillion to the province’s GDP, more than $100 billion in provincial tax revenue and draw $175 billion in new investment into the province.
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|A brief history of the Greek Crisis - Saturday, May 23, 2015|
A brief history of the Greek Crisis #LSNeconomy
THUNDER BAY, ON/ Troy Media/ - May 23, 2015 --- The Greek debt crisis is the fiscal gift that just keeps on giving. read more ...
The Greek government is running out of money and will be unable to pay its public sector workers. Moreover, it will be unable to make its next debt repayment – due on June 5th – without another loan. If Greece defaults on its debt repayment it may be forced to exit the Euro.
|Wasaya Airways Announces Michael RodyniukNew President & CEO - Tuesday, May 19, 2015|
Wasaya Airways Announces Michael RodyniukNew President & CEO #LSNeconomy
THUNDER BAY, ON --- May 19, 2015 ---- Wasaya Airways of Thunder Bay, is pleased to announce the appointment of its new President and CEO, Michael Rodyniuk, effective June 8, 2015.. read more ...
Rodyniuk brings to Wasaya Airways 25 years of airline experience. He has worked in various executive positions including Air Canada's Zip Air, WestJet Airlines and the Winnipeg Airports Authority and was Chief Operating Officer of Exchange Income Corporation's (“EIC”) aviation division. Most recently, Rodyniuk was a Senior Advisor to Willis Lease Finance Corporation in Novato, California and Executive Vice Chairman of Gavarnie Holding, where he successfully developed and implemented a new business plan for Hawaii Island Air.
|Wasaya Airways New Nonstop Flights Sandy Lake and Big Trout Lake - Saturday, May 16, 2015|
Wasaya Airways New Nonstop Flights Sandy Lake and Big Trout Lake #LSNeconomy
May 16, 2015 – Thunder Bay, ON – Wasaya Airways announces that, effective Tuesday, June 9th, the airline will begin to offer new nonstop flights out of Thunder Bay, Ontario to the communities of Sandy Lake and Big Trout Lake, also known as Kitchenuhmaykoosib Inninuwug First Nation. In addition, these new flights will allow Wasaya to offer one stop, same plane service to Webequie and Pikangikum. read more ...
|Certfied Character Background Services - Thursday, May 14, 2015|
Certfied Character Background Services #LSNeconomy
THUNDER BAY, ON ----- May 14, 2015 -- Certfied Character Background Services has been providing Non-Vulnerable Criminal Background Checks since 2013. .CCSB are the only private accredited criminal record check agency here in Thunder Bay, Ontario. read more ...
CCBS is certified by the RCMP to provide Digital Fingerprinting and Non-Vulnerable Background Checks. These results may be used for Canadian & International Adoptions, Immigration, Permanent Residency, Canadian Citizenship, Canadian Pardons, U.S. Entry Waivers, Employment, Visa Applications, Foreign Travel, Foreign Work/Student Permit, & Federal/Provincial Government Employment
|Canada's tax compliance cost fall dispoportionately on lower-income - Tuesday, April 28, 2015|
Canada's tax compliance cost fall dispoportionately on lower-income Canadians #LSNeconomy
THUNDER BAY, ON / VANCOUVER, BC/ Troy Media/ LSN/ ----- April 28, 2015 --- Canada’s tax system requires swift simplification Complex tax system imposes costs on those least able to afford them Filed your taxes yet? You’ve got until Thursday at midnight. After that, according to the federal government, you’re officially in arrears.
Unfortunately, due to Canada’s increasingly complex tax system, Canadians today face greater challenges filing their taxes than they did just 20 years ago. Things have gotten a lot more complicated.
For instance, consider the actual legislation – the federal Income Tax Act – which is literally growing in size.
As noted in a recent Fraser Institute study, between 1990 and 2014, the Act’s text area (the number of pages multiplied by the size of the pages) increased by 62 per cent—from 974,050 cm2 to 1,575,537 cm2. read more ...
|Wisk Air’s new Bell 412 Supporting the Northwest - Sunday, April 26, 2015|
Wisk Air’s new Bell 412 Supporting the Northwest #LSNeconomy
Wisk Air’s new $4 million Bell 412 Helicopter
THUNDER BAY, ON --- April 26, 2015 ---– Fire Fighting, supporting essential Hydro services and First Response are a few of the vital missions planned for Thunder Bay's Wisk Air’s new Bell 412 helicopter. It is one of only 12 helicopters of it’s kind in Canada.
In terms of regional business and economic development, the helicopter will support Mining and the Ring of Fire.
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|Ontario budget an exercise in wishful thinking - Saturday, April 25, 2015|
Ontario budget an exercise in wishful thinking #LSNeconomy
THUNDER BAY, ON / VANCOUVER, BC/ Troy Media/ --- April 25, 2015 --- The government continues to delay making the tough decisions Ontario’s 2015 budget, like those of years past, needed a concrete plan to get government finances on a sound footing. Yet again, the budget failed to deliver. Instead, the government continues to delay the tough decisions while doing nothing to enact policies that improve the economic environment and help foster long-term prosperity. read more ...
With respect to the broad strokes, not much has changed since last fall’s update. This is problematic for a host of reasons, including the concerns of credit rating agencies and a recent study finding Ontario’s fiscal policies are unsustainable and may prompt further credit downgrades and higher interest payments.
|Mega Precious to be Acquired by Yamana Gold - Friday, April 24, 2015|
Mega Precious to be Acquired by Yamana Gold #LSNeconomy
The Monument Bay Project, Mega Precious Metals Inc.'s, most advanced project, is located 570 km northeast of Winnipeg and 340 km east southeast of Thompson, Manitoba.
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THUNDER BAY, ONTARIO--(Marketwired - April 24, 2015) - Mega Precious Metals Inc. (TSX VENTURE:MGP) ("Mega" or the "Company") is pleased to announce that it has entered into a definitive agreement (the "Agreement") with Yamana Gold Inc. (TSX:YRI)(NYSE:AUY) ("Yamana"), whereby Yamana will acquire all of the outstanding shares of Mega under a plan of arrangement for consideration of 0.02092 of a Yamana share and cash of C$0.001 per Mega share, equivalent to C$0.10 per Mega share, based on the closing price of Yamana shares on the TSX on April 23, 2015. The total consideration to Mega shareholders is approximately C$17.5 million, based on the Company's issued current and outstanding shares. Yamana has also agreed to purchase the outstanding convertible debentures held by Pacific Road Capital Resources Funds.
|Canada’s federal budget lacks big picture thinking - Thursday, April 23, 2015|
Canada’s federal budget lacks big picture thinking #LSNeconomy
THUNDER BAY, ON ---- VANCOUVER, BC/ Troy Media/ ---- April 23, 2015 --- The policies outlined in the budget simply do not give Canada the economic shot in the arm it needs In many
ways Tuesday’s federal budget wasn’t all that surprising. Many of the government’s key initiatives were already announced (the so-called “Family Tax Cut” package) or telegraphed as part of the Conservatives 2011 platform (raising the TFSA annual contribution ceiling to $10,000). The remainder included a smattering of relatively smaller initiatives to satisfy various interest groups in advance of the federal election.
What it lacked, and what Canada so desperately needed, was a robust, big-thinking budget to push Canada’s economy forward.
Start with the biggest news item in the budget: the fiscal balance. Finance Minister Joe Oliver and fellow Conservative politicians had long trumpeted the return to a balanced budget this fiscal year, ending a seven-year period of consecutive deficits totalling nearly $150 billion.
With an election approaching, the government’s position obviously did not waver, despite sliding oil prices and the expectations of a weakening economy. read more ...
| Raising minimum wage won’t help most struggling families - Wednesday, April 15, 2015|
Raising minimum wage won’t help most struggling families #LSNeconomy
THUNDER BAY, ONTARIO -- VANCOUVER, BC/ Troy Media/ --- April 15, 2015 ---- Increasing the minimum wage not the most effective way to fight poverty The B.C. government recently announced it will increase the minimum wage in September to $10.45 per hour. Thereafter, annual increases will be automatically pegged at the rate of inflation. read more ...
Shortly after the announcement, Shirley Bond, Minister of Jobs, Tourism, and Skills Training, said: “We want to protect the most vulnerable British Columbians in our province and . . . deal with the issue of those who are struggling with their families.”
The goal of helping struggling families and the most vulnerable in society is laudable. But the problem is the minimum wage is the wrong policy to achieve this end. Before determining what the right policy is, we first need to understand who the impoverished really are. It turns out they are overwhelmingly not minimum wage earners.
|Restraining compensation ease Ontario’s budget woes #LSNeconomy - Thursday, April 9, 2015|
Restraining compensation ease Ontario’s budget woes #LSNeconomy
THUNDER BAY, ONTARIO VANCOUVER, BC/ Troy Media/ --- April 9, 2015 ---- Government worker compensation consumes more than half the provincial budget. Amid a gathering fiscal storm, the Ontario government will soon table its budget for the coming fiscal year and beyond. There’s a lot riding on getting things right.
A recent study found that debt is growing at an unsustainable rate and there are real concerns about the government’s ability to deliver on its plan to eliminate the deficit by 2017/18. Further credit downgrades and higher interest payments could be on the horizon if the government fails to fix its financial troubles. read more ...
|NOMA PLEASED NIER Announcement #LSNeconomy - Tuesday, April 7, 2015|
NOMA PLEASED NIER Announcement #LSNeconomy
THUNDER BAY, ONTARIO ---- April 7, 2015 - The Northwestern Ontario Municipal Association (NOMA) was on hand for the announcement today that the Province of Ontario will move forward to make the Northern Industrial Energy Rebate (NIER) program permanent and funded at $120 million annually.
The NIER program reimburses industry, including mining and forestry with a 25% energy cost rebate per year. Valued by both industry and the region, NOMA has been requesting that the government make the program permanent. read more ...
| APEX Aboriginal Partnership Exchange Chief Clarence Louie #LSNeconomy - Sunday, April 5, 2015|
APEX Aboriginal Partnership Exchange Chief Clarence Louie #LSNeconomy
THUNDER BAY, ONTARIO, --- April 5, 2015 ---- The Thunder Bay Chamber of Commerce is pleased to announce renowned speaker Chief Clarence Louie will be the Opening Keynote for the APEX Aboriginal Partnership Exchange, June 4th at the Victoria Inn.
A lifelong student of Native American Studies, Chief Louie, the Chief and CEO of Osoyoos Indian Band has been widely recognized in Canada, the United States and overseas. Clarence shares his experiences and best lessons learned to native people, government and corporate agencies across the U.S, Canada and Australia
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|Thunder Bay Population Declining #LSNeconomy - Saturday, March 28, 2015|
Thunder Bay Population Declining #LSNeconomy
THUNDER BAY, ONTARIO ---- March 25, 2015 – A new report and video podcast released by Northern Policy Institute shows the close relationship between Northern Ontario’s overall declining population and the struggling primary industry sector. The report, Diversify, Innovate, Invest…and Grow, was researched and written by Julien Bonin and examines the trends in population throughout the 11 census districts in Northern Ontario from 2001 to 2013.
According to the report, the districts of Sudbury, Rainy River, Cochrane, Timiskaming, Algoma, and Thunder Bay saw declines in population, while Kenora, Greater Sudbury, Manitoulin, Parry Sound, and Nipissing saw some growth.
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|TBCC CONCERNED WITH FINANCIAL PLAN #LSNeconomy - Wednesday, March 25, 2015|
TBCC CONCERNED WITH FINANCIAL PLAN #LSNeconomy
THUNDER BAY. ONTARIO ---– March 25, 2015 --- The Thunder Bay Event & Convention Centre is an aspirational project that continues to receive broad support from the Thunder Bay Chamber of Commerce membership although concerns are being raised about the proposed financial plan.
President Charla Robinson says, “The business community is well-informed about both the short and long term benefits
that a new Event Centre offers to the local economy through job creation and investment attraction. Business owners also place great importance on ensuring the business plan makes financial sense and does not contain undo risk. The apparent lack of new federal funding support towards financing for the Event Centre project and the change from an equal three-way split between federal, provincial and municipal portions are big concerns.” read more ...
|Members vote to Merge Bay Apple Credit Unions #LSNeconomy - Tuesday, March 24, 2015|
Members vote to Merge Bay Apple Credit Unions #LSNeconomy
THUNDER BAY, ONTARIO --- March 24, 2015 ---- The legal name of the new Thunder Bay, credit union will be Bay Credit Union Limited. Lynne LeGros added that “although all official business transactions will be done under the Bay Credit Union name, we recognize the history of both credit unions and will honour and preserve the legacy of Apple Community Credit Union.”
Richard Atkinson, Chair of Bay Credit Union, and Lorne Kellar, Chair of Apple Community Credit Union, are pleased to announce that their members have voted at well attended Special Meetings to overwhelmingly approve a merger combining their Credit Unions into a new, truly local Credit Union. read more ...
|New Development for the Red Rock Mill Site #LSNeconomy - Saturday, March 21, 2015|
New Development for the Red Rock Mill Site #LSNeconomy
THUNDER BAY, ON --- March 21, 2015 -- Through the work of Riversedge Developments and their vision for the community of Red Rock, a memorandum of understanding was signed today between the Port of Algoma Inc.,a subsidiary of Essar Ports Global Holdings and North Port Canada, a subsidiary of Riversedge Developments for the design, construction, operation and maintenance of a deep water port at the former Red Rock mill site. The agreement is for a 15 year period exclusively with Port of Algoma Inc.
Essar Ports Global Holdings is a subsidiary of Essar Global Fund Limited (EGFL), a global investment fund with majority ownership in a number of world class assets diversified across core sectors of Energy, Metals & Mining, Ports & Infrastructure, and Services. The portfolio has aggregate revenues of over US$30 billion, employing over 60,000 people and has adopted international standards of accounting, health & safety, environmental protection and governance.
The Port of Algoma management with strong expertise in developing state of the art port facilities globally, will be responsible for overseeing all assessment and developmentof the new Red Rock Port. read more ...
|TBay Chamber Gives Failing Grade to Development of Ring of Fire #LSNeconomy - Wednesday, March 11, 2015|
TBay Chamber Gives Failing Grade to Development of Ring of Fire #LSNeconomy
THUNDER BAY, ONTARIO ----- March 11, 2015 ------ A new report from the Thunder Bay Chamber of Commerce and the Ontario Chamber of Commerce finds that permit delays, an absence of infrastructure, and intergovernmental quarrelling have stalled development in Ontario’s Ring of Fire, the mineral resource-rich region in the province’s Far North.
The report, ‘Where are we Now? A Report Card on the Ring of Fire’, evaluates progress against seven key challenges to development in the region. It finds that it will be years before a first mine is opened in the region.
The provincial government receives a failing grade when it comes to clearing the regulatory logjam. Delays in issuing exploration permits and approving environmental assessments are preventing mining firms from breaking ground on their projects.
The federal government also earns a failing grade, as it has yet to demonstrate that the Ring of Fire is a national economic development priority. Ottawa has declined to match the provincial government’s commitment of $1 billion for the development of transportation infrastructure. read more ...
|February 2015 Housing Starts in Thunder Bay #LSNeconomy - Monday, March 9, 2015|
February 2015 Housing Starts in Thunder Bay #LSNeconomy
THUNDER BAY, ONTARIO ----- March 9, 2015 ----- Housing starts in Thunder Bay, Census Metropolitan Area (CMA) were trending at 210 units in February down from 243 units in January according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six month moving average of the monthly seasonally adjusted annual rates (SAAR)  of housing starts.
"February's decrease in the housing starts trend in Thunder Bay followed January's softening. The two consecutive declines have now clearly reversed the strengthening trend witnessed in the final eight months of 2014. No starts in February helped to moderate the trend. A low February figure is not uncommon given difficult winter construction conditions present in Northwestern Ontario," commented Warren Philp, CMHC Market Analyst. read more ...
| Liberals Doubling Down on Failed Energy Program #LSNeconomy - Saturday, March 7, 2015|
Liberals Doubling Down on Failed Energy Program #LSNeconomy
Queen’s Park. Ontario ------ March 7, 2015 ----- Renfrew-Nipissing-Pembroke MPP John Yakabuski express
ed his shock at Energy Minister Bob Chiarelli’s comments earlier this week that smart meters are a ‘good-news story’ for the province and that the Liberal government is contemplating yet another increase to time-of-use pricing.
Despite the fact that the Auditor General has found that the smart meter program has run almost a billion dollars past its original budget—and the devices often do not relay accurate information back to the utilities—the Energy Minister continues to sing their praises. “From the very beginning the smart meter program has been a boondoggle” said Yakabuski. “These devices are one of the leading reasons why ratepayers have seen skyrocketing increases in their hydro bills in recent years.” read more ...
| Mobile apps to streamline your construction business #LSNeconomy - Friday, March 6, 2015|
Mobile apps to streamline your construction business #LSNeconomy
SAN FRANCISCO, CA/ THUNDER BAY, ONTARIO / - ----- March 6, 2015 --- Mobile apps might hold the key to achieving streamlining
success Streamlining operations of any kind in the construction businesses has always been a challenge. This is primarily due to the fact that construction involves so many unpredictable variables, from municipality complications to unreliable labour forces.
In order to save both time and money, but without compromising on the quality and reliability of the products it offers to its customers, the construction industry has been looking to streamline its various processes and operations for some time now,. read more ...
|Pullia comments of City of Tbay Budget #LSNeconomy - Thursday, March 5, 2015|
Pullia comments of City of Tbay Budget
THUNDER BAY, ON ---- March 5, 2015 --- On Monday night March 2, Council finalized the 2015 budget which now stands at 3.18% tax levy
increase after taking into account the net growth in the tax base (new commercial building and new homes). While this is a vast improvement on the original 6.33%, it is still an increase over the 2.14% average of the last four years. If we add the water and wastewater increase, it becomes quickly apparent that all taxpayers but especially the low-income and middle-class families are feeling the pinch and are telling Council that they cannot afford it anymore.
The chart below tells a compelling story and validates the sentiment. I call this the Affordability Index as it compares the tax plus water increase as a percentage of household income, and as it can be seen, we are now trending above provincial average and cities with a population of over 100,000. To put this into perspective, Thunder Bay was below provincial averages in 2010, so the jump is the result of mainly a substantial increase in water and wastewater rates. The chart also does not include the 2015 increase, so unless we take action now, Thunder Bay will become a less affordable place to live vis-à-vis other cities in Ontario and it will make it more difficult to attract investments and people to move here. read more ...
|TBCC EXTERNAL CORE SERVICES REVIEW URGENTLY NEEDED #LSNeconomy - Tuesday, March 3, 2015|
TBCC EXTERNAL CORE SERVICES REVIEW URGENTLY NEEDED #LSNeconomy
THUNDER BAY, ONTARIO –--- March 3, 2015 --- Last night, City Council ratified the 2015 Budget resulting in a 3.83 percent increase in the tax levy for city taxpayers as well as increases in numerous user fees for business and residents.
“The business community is concerned with the ongoing increases in taxes and user fees and the limited interest within Council to reduce year-over-year operating spending,” says Charla Robinson, President of the Chamber of Commerce. “A majority of the reductions in this year’s budget were delays in spending that will need to be dealt with next year; there were very few changes made that will reduce expenses for the long term.“ read more ...
|Western weakness won’t help Ontario’s budget woes #LSNeconomy - Thursday, February 26, 2015|
Western weakness won’t help Ontario’s budget woes
CALGARY, AB/ Troy Media/ ---- February 26, 2015 --- A drop in equalization payments may make that forecasted $12.5 billion provincial deficit target even more
difficult to achieve. With the plunge in oil prices over the last six months (and already soft natural gas prices), it’s not headline news to note that provinces heavily dependent on energy-related revenues are suffering.
The decline in the resource sector has also contributed to a decline in the value of the Canadian dollar against the greenback. That has led some to speculate that Ontario’s economy will improve. (The depreciation of the loonie makes Ontario’s manufactured goods artificially more competitive.)
Perhaps. But as the resource economies of the West and Newfoundland and Labrador see significantly less revenue, there is this consequence for Ontario: the provincial treasury will receive less in equalization payments from the federal government. So balancing the books may not get any easier for the Ontario government.
For those not familiar with the details of federal transfers to the provinces and territories, in total Ottawa “cut” cheques worth $65 billion to the provinces and territories in 2014/15 (the fiscal year now ending). One federal program, equalization was worth $16.7 billion. read more ...
|Ont Chamber SURVEY ORPP COULD COST JOBS AND HURT ECONOMY #LSNeconomy - Wednesday, February 25, 2015|
Ont Chamber SURVEY ORPP COULD COST JOBS AND HURT ECONOMY #LSNeconomy
THUNDER BAY, Ontario --- February 25, 2015 ---- - A new survey of businesses from the Ontario Chamber of Commerce (OCC) shows that the implementation of the Ontario Retirement Pension Plan (ORPP) could have negative consequences for employment. The survey indicates that only 26 percent of businesses in the province believe they can shoulder the financial burden associated with the ORPP. If faced with mandatory increased contributions under the ORPP, 44 percent of surveyed businesses indicate that they would reduce their current payroll or hire fewer employees in the future. read more ...
|Your Office, Your Image CEDC - Thursday, February 19, 2015|
Your Office, Your Image CEDC
THUNDER BAY, ON ---- February 19, 2015 --- Thunder Bay Community Economic Development Commission (CEDC) | Entrepreneur Centre are hosting another workshop on February 26th with Open Mind Interiors and Shout! Media. At the Your Office, Your Image session, you will learn about how to use great design (interior and graphic) to build your brand and enhance the customer experience. This is not just for offices, but any location based businesses such as store fronts and restaurants where the internal and external branding need to be consistent and integrated. Here’s the general outline: read more ...
|For those who care about core government programs, the math should matter #LSNeconomy - Monday, February 16, 2015|
For those who care about core government programs, the math should matter
CALGARY, AB/ Troy Media/ February 16, 2015 --- Ralph Klein saved Alberta healthcare and education His spending cuts led to tax relief,
and increased spending on capital projects, healthcare and education
Alberta Premier Jim Prentice and Finance Minister Robin Campbell have made it clear the province will reduce government spending in its March budget. In response, many people have alluded to the 1990s when the Ralph Klein government also cut expenses to grapple with an ongoing, deep budget deficit.
Not everyone agreed with those 1990s actions. Part of the opposition derived from understandable, if narrowly focused, self-interest. Spending cuts included rollbacks in government employee wages and in the broader public sector. So United Nurses of Alberta president Heather Smith, for example, looks on that era with disdain. In a Calgary Herald article, she claims the province is replaying the 1990s and “taking a chainsaw to health and other programs.” read more ...
| Securing Ontario's manufacturing future #LSNecomony - Saturday, February 14, 2015|
Securing Ontario's manufacturing future #LSNecomony
THUNDER BAY, ON/ Troy Media/ - February 14, 2015 ---- Manufacturing employment in Ontario has declined over the last 10 years. From just over one million manufacturing jobs in 2000, manufacturing employment dropped by 28 per cent - to reach 777,000 jobs in 2013.
With the decline in manufacturing employment, the question becomes whether or not a manufacturing renaissance is on the horizon? Leading expectations of a rebirth of Ontario's battered industrial sector is the area known as advanced manufacturing.
All manufacturing is essentially the conversion of raw resource inputs such as steel, coal or wood into finished products. Advanced manufacturing differs from traditional manufacturing in that it is more knowledge intensive and higher value added manufacturing - in particular it uses innovative technology to improve products or processes. Examples of traditional manufacturing industries include the sawmills, pulp mills, steel mills and automobile assembly lines that were the mainstays of Ontario's industrial heartland. Examples of advanced manufacturing include nuclear manufacturing, aerospace manufacturing, computer and electronic manufacturing and tools and machine equipment. read more ...
|Governments putting the squeeze on Generation Squeeze - Wednesday, February 11, 2015|
Governments putting the squeeze on Generation Squeeze
VANCOUVER, BC/ Troy Media/ - February 11, 2015 ---- We’re approaching the season when governments release their budgets so it’s important to know how much government money goes to different age groups.
British Columbia will be the first to table its budget on February 17, soon followed by the other provinces and Ottawa. In the wake of the Premiers decision last summer to launch a new Task Force on Aging, the distribution of government spending by age will be a hot topic.
Problem is, Canadians have little information to inform this discussion. No government reports total social spending by age group, nor does Statistics Canada.
With colleagues at UBC and Generation Squeeze, I have been crunching the numbers to fill this void. Our new study published this week finds that governments combine to spend $33,000 to $40,000 per retiree, $14,000 to 15,000 per person age 45 to 54, and less than $12,000 per person under age 45. Since the coming budgets reflect who and what we value, one key question all Canadians should be asking is whether this age distribution is fair. read more ...
| TB Chamber Pre-budget deputation to City Council - Thursday, February 5, 2015|
TB Chamber Pre-budget deputation to City Council
THUNDER BAY, ONTARIO ---- February 5, 2015 --- The Thunder Bay Chamber of Commerce represents nearly 1,000 businesses and over 14,000 employees in our community. It is often said that small business is the backbone of Canada’s economy. Statistics show that over 98% of all businesses in Canada have less than 100 employees.
Thunder Bay’s small business numbers are in line with the national average. We are proud to point out that eighty five percent of our members are classified as small businesses and over six hundred of these members employ less than seven staff. Many of these businesses face the same challenges as the City is facing now – reduced revenues and increasing operating costs require difficult choices on how to balance the books. Three choices are available regardless of the size of budget: increase revenues, reduce expenses or a combination of both. Finding the right balance requires a focused effort and tough decisions.
read more ...
|Ontario Expenditures Growing Faster than Revenues - Tuesday, February 3, 2015|
Ontario Expenditures Growing Faster than Revenues
THUNDER BAY, ON/ Troy Media/ ----- February 3, 2015 ---- Ontario’s provincial government wants a balanced budget for the 2017-18 fiscal year, and Finance Minister Charles Sousa is adamant that Ontario will reach that goal.
Given the arrival of spring budget season, the most recent Ontario Economic Outlook and Fiscal Review (from November 2014) provides some indication of where Ontario is headed.
According to the review, between 2013-14 and 2017-18, total expenditures (including the reserve) are expected to rise from $126.4 to $134.5 billion – an increase of 6.4 per cent. Meanwhile, revenues are expected to rise from $115.9 to $134.5 billion – an increase of 16 per cent.
For Ontario, the heavy lifting needed to balance the budget was obviously expected to come from the revenue side, with expenditure restraint playing a minor role. Over a four-year period, this translates into average annual expenditure and revenue growth of about 1.6 and 4 per cent respectively. These figures can also help us assess the performance to date. Between the actual results for 2013-14 and the current outlook for 2014-15, are expenditures up by 1.6 per cent or less? Are revenues up by 4 per cent or more?
read more ...
|Benefits of coal-fired power plants outweigh nominal health risk - Sunday, January 25, 2015|
Benefits of coal-fired power plants outweigh nominal health risk
CALGARY, AB / Thunder Bay, Ontario / Troy Media/ - January 25, 215 -- Note: Thunder Bay has lost its Coal Generation Station and it is being convert to bio mass from Florida or Norway.
I was at the University of Calgary recently to hear Dr. Joe Vipond give a presentation on why he and his group, the Canadian Association of Physicians for the Environment (CAPE), think it is necessary and possible for Alberta to phase-out coal-fired power plants over the next 10 years. Ontario, he pointed out, had done it.
It is best to remember, however, that Ontario’s power prices have spiked 27 per cent, and hospitals administrators are now looking at cutting services . . . or staff.
read more ...
|Finding the Balance Between Taxes and Services - Saturday, January 24, 2015|
Finding the Balance Between Taxes and Services
THUNDER BAY, ONTARIO ------ January 24, 2015 ----- In recent weeks, we have heard numerous warnings from city officials about the difficult budget choices that lie ahead as Council reviews the 2015 budget. 2014 expenses are projected to be over-budget by $4.4 million on the heels of an $8 million deficit in 2013. For 2015, there are indications that the city is facing reduced tax revenues due to assessment appeals plus a reduction in direct Ontario government funding by about $1.5 million. The Provincial Government’s fiscal challenges will be even more keenly felt here in Thunder Bay should they result in further funding cuts in our community.
There are no magic potions when it comes to balancing the books whether in business, personal or government settings. Three choices are available regardless of the size of budget: increase revenues; reduce expenses; or, a combination of both. Finding the right balance requires a focused effort and difficult decisions.
read more ...
|Fiscal performance, Wynne Placed Eighth - Thursday, January 22, 2015|
Fiscal performance, Wynne Placed Eighth
VANCOUVER, BC/ Troy Media/ - January 22, 2015 ---- How governments manage their finances matters a great deal. Spend and borrow too much and the result is a spiral of increasing deficits that create ever higher debt. Then ever-more tax dollars end up spent on debt interest – not on education, healthcare, administering provincial courts, or other areas in which provincial governments are involved.
Spending more than you can afford often results in higher taxes but tax too much and economic growth will suffer and entrepreneurs and jobs will be driven to other jurisdictions.
Government finances are “big ships” that take time to turn around, so holding premiers to account for choices made by their predecessors isn’t much help. But the direction a premier is taking his or her province is critical and we can glean important insights about their performance by comparing them with premiers in other provinces.
read more ...
|50th Annual Thunder Bay Chamber of Commerce General Meeting & Chair’s Dinner - Wednesday, January 21, 2015|
50th Annual Thunder Bay Chamber of Commerce General Meeting & Chair’s Dinner
THUNDER BAY, ONTARIO --- January 21, 2015 --- The 50th Annual Thunder Bay Chamber of Commerce General Meeting & Chair’s Dinner will be held on Wednesday, January 28, 2015 at the Airlane Hotel & Conference Centre. The evening begins with the business meeting at 5 pm, symposium at 5:30 pm, and dinner/evening program following at 6 pm. The evening includes the formal swearing in of Joe Moses as the 2015 Chair of the Board.
The special guest speaker for the Chair’s Dinner will be the Kirk Dudtschak, Executive Vice-President and Head, Caribbean Banking for RBC, who will speak about leading in challenging and changing times.
read more ...
| Canada in for a rude economic shock - Tuesday, January 13, 2015|
Canada in for a rude economic shock
THUNDER BAY, ON/ Troy Media/ - January 13, 2015 ---- According to the employment numbers just released, the United States is doing quite well, with the preliminary Bureau of Labour Statistics numbers pointing to the addition of 252,000 jobs in December. The unemployment rate in the United States has fallen to 5.6 per cent and the stimulus provided by lower gasoline prices is expected to continue propelling the United States forward in its economic renaissance. Indeed, in 2014 the United States saw its total employment reach the highest level since 2007.
Meanwhile, Canada exhibited a much weaker performance, with Statistics Canada reporting that Canada lost 4,300 jobs in December and had an unemployment rate of 6.6 per cent. This follows the loss of 10,700 jobs in November and suggests a reversal in economic fortunes is underway. The former northern tiger seems to have been declawed, while the American eagle has taken to the skies again.
This reversal in performance should not come as a surprise, given the forces driving both economies in the wake of the 2009 recession. Even though there were employment losses in central Canada’s manufacturing sector, Canada managed to ride out the recession relatively well because high commodity prices generated a resource boom in the West. Canada was so insulated that its housing sector has continued to see price gains and its burden of consumer debt and housing prices now resemble those of the United States prior to the 2009 recession.
read more ...
|CTF Releases New Year's Tax Changes for 2015 - Sunday, January 4, 2015|
THUNDER BAY ONTARIO ---- January 4, 2015 -- Retroactive changes from Family Tax Cut mean big sa
vings for many Thunder Bay, Ontario families Changes to Universal Child Card Benefit will also mean more money for all families with children under age 18 Bracket creep hurting taxpayers in Manitoba, Nova Scotia and PEI
: The Canadian Taxpayers Federation (CTF) has crunched the numbers and the federal government’s Family Tax Cut (FTC) along with enhancements to the Universal Child Care Benefit (UCCB) will give many Canadian families a considerable tax break this year. read more ...
Power.House Partnership TBay Hydro #LSN_Econ
hunder Bay, ON – October 7, 2016 (LSN) Thunder Bay Hydro has signed a partnership agreement with PowerStream Inc. to enable access to the Power.House® technology. The partnership between the two electricity distributors will allow Thunder Bay Hydro to establish an initial installation and then determine how to offer the technology to local customers.
“As a progressive, forward-thinking utility, we are seeking to implement technologies that may benefit our customers,” says Robert Mace. “This is a step forward in the strategic direction for our company. We know that in the future, the way customers use and interact with their electricity supplier is going to change. We are positioning ourselves to help them.”
Mace continues, “By entering into this partnership with a like-minded utility, we are able to leverage the experience, lessons learned and proven technology of PowerStream. This puts us several steps ahead of the market to offer our customers different supply options for their electricity service.”
A Power.House installation consists of rooftop solar panels, a bank of high-capacity, utility-grade batteries to store the power and a master control unit that all work together to collect solar energy during the day and convert it into electricity. The electricity is then sent to the battery backup, used in the home or forwarded to the electricity grid for credit. A software management system determines the routing depending on what is best for the homeowner.
After results for the initial installation are in, Thunder Bay Hydro will review how Power.House will impact our customer’s costs and impact our own distribution system. We will also be able to determine how to offer this service to our customers in the future.
At this time, arrangements for an initial local site are being finalized.
Thunder Bay Hydro Corporation is a group of companies serving Thunder Bay and area with electricity distribution, generation and utility services. Thunder Bay Hydro Electricity Distribution Inc. is responsible for the power line system within the city limits of Thunder Bay and for delivering electricity to the homes and businesses here. We are
the local, front-line customer service face of the province's electrical industry providing for the reading of customer meters, billing, and offering energy conservation advice and programs. We build, plan & maintain the local power line system and provide 24-hour emergency response.
PowerStream is a community-owned energy company that provides power and related services to more than 380,000 customers residing or owning a business in communities located immediately north of Toronto and in Central Ontario. It is jointly owned by the Cities of Barrie, Markham and Vaughan.
SMALL BUSINESS DEVELOPMENT NOIC
THUNDER BAY, Ontario, December 17 2011 — Greg Rickford, Member of Parliament for Kenora, on behalf of the Honourable Tony Clement, Minister for FedNor, today announced a Government of Canada investment of more than $772,000 in two projects to support small business development across Northern Ontario.
“Friday’s announcement demonstrates the Government of Canada’s commitment to help qualified entrepreneurs take the next step in growing their businesses,” explained Minister Clement. “These concrete measures will better equip small businesses to expand their product lines and markets, strengthening the economy in Northern Ontario.”
“By investing in these initiatives in partnership with community organizations, the Government of Canada is enhancing the success and growth of small businesses across the North, enabling them to compete in today’s ever-changing global marketplace,” added MP Rickford. read more.....>
2011 Holiday Career Festival and Calling all Health Care students!
THUNDER BAY, ON --- December 15, 2011 -- Holiday Career Festival and Health Care Students Reception will be held on December 29th starting first with the Health Care reception at 11 a.m. with the Holiday Career Festival starting at 1 p.m.
Do you know a student in medicine or another health care field who will be in Thunder Bay for the holidays? The Health Care Student Reception will be held on Dec. 29th from 11 am – 1:00 pm at Confederation College. The reception is an opportunity for the students to network with local health care representatives about career opportunities, enjoy lunch and tour the new REACH facility. Please call 625-2696 or email email@example.com to request an invitation.
Hosted by the City of Thunder Bay, Local NOSM Group, RBC Royal Bank & Confederation College read more.....>
New McDonald’s Owner Operator
Thunder Bay, ON (December 7, 2011) – Five McDonald’s Thunder Bay restaurants have a new owner – Rob Prober is the newest McDonald’s Owner Operator in the Northern Ontario community. An Operator since 2005, Rob follows in his father, John Prober’s, footsteps as a second generation franchisee.
“I’m thrilled to become a McDonald’s Franchisee in Thunder Bay,” said Rob Prober. “I’ve been with McDonald’s for many years, working with my father. It’s exciting to join the community and I look forward to helping ensure our customers and staff have the best experience possible at their local McDonald’s.”
A former franchisee in the Stratford and New Hamburg markets, Rob graduated from McMaster University with a degree in business. In July 1999, Rob started with McDonald’s as a Management trainee for his father in Stratford. He continued to move up and became an Operations Consultant in 2003. In 2005, he purchased his first McDonald’s restaurant in New Hamburg from his father. read more....>
Thunder Bay McDonald Stores sold
THUNDER BAY, ON --- December 4, 2011 --- Lake Superior News has confirm that all McDonald's store in Thunder Bay have been sold to an southern Ontario Company, including the one in Walmart.
The sale of the Thunder Bay stores were part of a Southern Ontario ownership shuffe back in mid November.
Rob Prober is the new owner, who purchased four standalone McDonald's Restaurants in Thunder Bay as well as a McDonald's which is located inside a Thunder Bay Walmart.
The new owner is expected to be in Thunder Bay sometime in the near future and and that time there will be a public announcment. According to Kathy Bukovy, Community Relations Representative at McDonald's, they will be making a statment about the sales in the near future. read more......>
NEW DEMOCRATS INTRODUCE BILL TO BAN CELL PHONE LOCKS
THUNDER BAY, ON --- Nov 12, 2011 --- Repressive cellular phone network locks need to end in order to give consumers real choice and to encourage competition in Canada’s wireless market, say New Democrats Bruce Hyer (Thunder Bay-Superior North) and Fin Donnelly (New Westminster-Coquitlam & Port Moody). The MPs re-introduced the Cell Phone Freedom Act on Thursday to ban “network locks” on new mobile phones sold outside of contract.
“Cell phone customers should have the freedom to choose whether they want to be locked into a company’s cell network or not,” Hyer said, after introducing the bill in the House of Commons. “Right now, most consumers don’t even know they can’t switch to another network without throwing out their phone and buying a new one …or trying to unlock their handset at some expensive aftermarket shop. Many resort to trying to download complicated instructions off the internet, but these can result in dead phones if used improperly.” read more....>
THUNDER BAY CHAMBER OF COMMERCE ANNOUNCES 2012 BOARD OF DIRECTORS
THUNDER BAY, ON --- November 10, 2012 -- The Thunder Bay Chamber of Commerce is very pleased to announce that the following individuals have been elected to the Board of Directors for a three year term, commencing December 1, 2011 Chair of the Board, Michael Nitz stated that he is very pleased with the enthusiasm and strength of the Board, and looks forward to an exciting year. Michael will officially be sworn in at our Annual General Meeting in January or early February – the exact date to be confirmed.
Newly elected are:
Tim Heney (Thunder Bay Port Authority)
Timo Hiiback (Tbaytel)
Joe Moses (Wasaya Airways LP)
Janet Northan (Thunder Bay Regional Research Institute)
Charla Robinson (Thunder Bay Marathon-Miles with the Giant)
SPCA Responds to Closure of Thunder Bay & District Humane Society
THUNDER BAY, ON ----- November 5, 2011 --- The Ontario SPCA is saddened to hear of the closure of the Thunder Bay and District Humane Society (TBDHS).
The TBDHS is a separate non-profit organization from the Ontario SPCA and as such, have their own operations and fundraising initiatives. The TBDHS is affiliated with our organization through their investigation services mandated under the Ontario SPCA Act.
Regardless of being a separate non-profit organization, the Ontario SPCA will offer support to our communities where we are able. Over the last two years, the Ontario SPCA has invested significant resources in the TBDHS board and staff, to build a sustainable organization. The Ontario SPCA has assisted the TBDHS board in developing a new organizational vision as well as providing advice for fundraising strategies. The Ontario SPCA has sent staff to the TBDHS to provide staff and volunteer training in progressive adoption strategies. In 2008, the TBDHS was granted close to $262,500.00 from the Ontario SPCA to assist in their operations and facility improvements. read more....>
Quality Market wins two major award Campus Hill Store
THUNDER BAY, ON ---- Novmber 2, 2011 --- The Canadian Federation of Independent Grocers hosts the national “Grocer of the Year” awards every October. Hundreds of independent grocery stores are inspected throughout the year, and rated on a wide spectrum of criteria.
Photo Dan Stezenko (Quality Market), Steve Fox, Exec. V.P. Nestle Canada (Presenter), David Stezenko (Quality Market)
This year, Quality Market’s Campus Hill store was named “Best Small Surface Store” for the Saskatchewan, Manitoba and Northern Ontario Region. In addition, our store was named “National Bronze Medal Winner” for all small surface stores in Canada.
We are incredibly honoured to win these awards in a competition which featured hundreds of fabulous stores across the nation. We believe this is the first time a store from Thunder Bay has ever won a medal in this contest, which has been going on for over 20 years. read more.....>
HYER DEMANDS ACTION ON DORION POST OFFICE CLOSURE
THUNDER BAY, ON ---- October 29, 2011 ----– MP Bruce Hyer is demanding that Canada Post find a replacement location for the postal outlet that is closing in Dorion this year. The current postal outlet, located in Canyon Country Service, is about to close at the end of November due to highway construction.
"The Canada Post office in Dorion, Ontario is about to close – forcing families to drive up to 75 kilometres just to pick up a package. That’s despite the fact that Canada Post has claimed there is a moratorium on the closure of rural post offices,” Hyer said in Question Period in the House of Commons today. “Mr. Speaker, postal service is vital for rural families, and especially seniors, in communities like Dorion – they shouldn’t have to drive an hour just to get to the post office. Can the Minister stand up and assure Dorion families that their post office will not close?” read more....>
Matawa Chiefs withdraw support for Ring of Fire
THUNDER BAY, ONTARIO – OCTOBER 21, 2011: Matawa Chiefs withdrew their support for development in the Ring of Fire (ROF) today. The Chiefs and the 8,000 people they represent are calling on Premier McGuinty and Prime Minister Harper to intervene in the Environmental Assessment (EA) process.
“We will be forced to resort to alternative measures if Canada and Ontario continue to ignore the First Nations that are being impacted by Ring of Fire developments,” said Chief Roger Wesley of Constance Lake First Nation.
Matawa Chiefs are outraged that the Canadian Environmental Assessment Agency (CEAA) is proceeding with a Comprehensive Study EA. The Chiefs and their people have been calling for a Joint Review Panel EA for five months but the government is still not listening. Both the provincial and the federal governments are failing in their constitutional duty to consult and accommodate First Nations. According to the Chiefs, the government is telling them what they plan to do, but it is not consulting or accommodating them about how they want to be involved. The Chiefs maintain that the manner in which the government is proceeding with development in Northern Ontario is going to slowly destroy their traditional way of life, extinguish their treaty rights and destroy their homelands and their children’s future. read more....>
Small Business Week High School business students
THUNDER BAY, ON ------- October 20, 2011 --- The Annual Small Business Week in Thunder Bay started off with a bang on October 17th with 180 High School business students, their teachers and supervisors, event sponsors and organizers gathering at the Italian Cultural Centre to hear from 4 of Thunder Bay’s finest young entrepreneurs. Thunder Bay Ventures ( TBV) was the lead organizer of this 2nd Annual event and Passport to Prosperity, a Northern Ontario Workplace Safety Board program, was the break refreshment sponsor.
Ambition, dedication, enthusiasm and innovation are descriptive of the speaker’s businesses and presentations. The speakers were Milosz Skowronski of Imaginarium Studio Inc., Ken Horton and Kevin Kuchta of Qwantech, Marija Harp of Sweet Peas Home Catering and Erin May of The Bodymind Centre. The presenters shared a commonality in that they were able to transform a passion into a profession. Royden Potvin, manager of Thunder Bay Ventures and MC of the event, summed up the presentations and reminded the students that, “ they too can shape their own futures and create their own employment by developing their entrepreneurial skills and abilities.” read more....>
Enterprising Women Awards
THUNDER BAY, ON --- October 16, 2011 --- In June 2011, PARO Centre for Women’s Enterprise launched a website in honor of the Enterprising Woman. A complementary Facebook page was also developed to provide information and a forum for Enterprising Women to interact and support each other.
In November 2011, we will hold the inaugural Enterprising Women Awards Gala: Growing enterprise in Northern Ontario.
This event will be an opportunity for businesses, business clusters, community members, leaders, non-profits and three levels of government to connect, network and share in the success of women-owned business in Northern Ontario.
Workshops will be offered on topics such as “How to Ready Your Business for Larger Contracts”, how to grow your business by hiring staff, connecting with the Aboriginal Community and so much more.
In addition to the learning opportunities, it is also an opportunity for women to showcase their businesses by reserving a spot in our Enterprising Women tradeshow.
During our evening awards event, women who have made a positive impact on the economy and society in Northern Ontario will be honoured by receiving the first ever Enterprising Women Awards. read more....>
DST Recognized as Leaders of Innovation in Northern Ontario
THUNDER BAY, ON ---- September 30, 2011 --- DST Consulting Engineers were announced the winners of the Northern Ontario Business Award for Innovation. This award honours DST for their progressive approach to engineering in Northern Ontario. DST, a Thunder Bay company operating in Northern Ontario for over 40 years, has earned a reputation for taking on tough tasks and delivering outstanding, innovative and “green” engineering solutions. “We always look for the best solution to a project and how we can minimize the client’s costs, but also minimize the environmental impact” said Dr. Myint Win Bo, Senior Principal and Partner. read more......>l
Competitive Electricity Prices is all about Attracting and Retaining Jobs!
THUNDER BAY, ON ---- September 23, 2011 --- A Coalition of Ontario resource and manufacturing industries is pleased to see more and more open debate on electricity prices and energy policies in the upcoming provincial election. We believe it is important that all industries that are major users of power benefit from an electricity price
structure that is competitive with other jurisdictions and will encourage jobs retention and
investment in our province.
Since we represent many energy intensive industries we wanted to reinforce those key policy points important to our coalition members at this critical decision time for all Ontario voters. We believe that the next Ontario government read more....>
Northwestern Ontario Visionary Awards
THUNDER BAY, ON ----- September 7, 2011 -- The Thunder Bay Chamber of Commerce is excited to announce a brand new regional event in partnership with SHIFT Thunder Bay’s Young Professional Network .
Nathan Lawrence, President of SHIFT, Michael Nitz, Chair of the Board, TBCC and Don Campbell, Pres. & CEO Tbaytel unveil the new Northwestern Ontario Visionary Awards (NOVA) for Thunder Bay and region
On January 21, 2012 at Fort William Historical Park we will be hosting the Northwestern Ontario Visionary Awards (NOVA) sponsored by Tbaytel. During this gala evening we will celebrate the brightest young stars in Thunder Bay and around the region as we honour the regions’ Top 20 under 40. We are looking for nominations for those under the age of 40 (by Dec. 31, 2011) who show strong leadership and commitment to their community. read more......>
New Democrats will stop price gouging at the pump: Horwath
THUNDER BAY, ON - June 9, 2011 - Queen’s Park – NDP Leader Andrea Horwath unveiled her plan to protect drivers at the pumps by setting a weekly price cap on the cost of gasoline.
“Life keeps getting more and more expensive and it’s time to give people a break,” said Horwath. “We can’t fix everything, but we can take steps to protect households from gas gouging.” read more...>
Regional Economic Development Planning – Challenges and Opportunities
THUNDER BAY, ON ---- May 25, 2011 --- With the recent announcement through the Northern Growth Plan that the province is prepared to support Regional Economic Development Planning, there is renewed hope and optimism that this region may get the help needed to push it through the economic difficulties created by the demise of the forest industry and the challenges inherent in our resource dependent economy.
While 2009-10 population statistics for the city of Thunder Bay and region appearing to stabilize, the trend since 1996 has been one of slow but steady decline. Statistics Canada projections for the city and region over the next 10 and 20 years also indicate a continuation of this trend. Given some successes on the economic front especially in health, education, and mining, why do these agencies continue to predict a decline? read more.....>
Surprise! Gas prices help drive up cost of living for Ontario families
THUNDER BAY, ON --- May 21, 2011 --- Ontario PC Leader Tim Hudak announced that a PC government would provide immediate relief for families and seniors facing rising energy costs by removing the HST from home hydro and heating bills, and removing the debt retirement charge from home hydro bills.
A report today by Statistics Canada shows life is getting more expensive for families and prices at the pump are the leading cause, said NDP MPP Gilles Bisson.
“Life keeps getting more expensive in Dalton McGuinty’s Ontario. It’s time to stop ignoring the problems and give households some help with bills,” said Bisson. “Between hydro price hikes and an unfair HST people are paying more than ever.”
Statistics Canada reported today that year-over-year consumer prices rose by 3.6 per cent in Ontario, well above the national average. The agency indicated that Ontario drivers experienced a 30 per cent increase in gas prices – the highest increase of any province. read more .... >
HST on Family Hydro and Gas Bills Adds Insult to Injury
THUNDER BAY, ON --- May 17, 2011 --- QUEEN’S PARK — “While Dalton McGuinty is squeezing Ontario families and seniors with his increases to taxes and skyrocketing hydro bills, Tim Hudak and the Ontario PCs are offering Ontario families relief by ending the sweetheart deal with Samsung that is driving up hydro bills.” Christine Elliott, Deputy Ontario PC Leader
Today, Deputy Ontario PC Leader Christine Elliott said Dalton McGuinty has become so out of touch he actually believes slapping the HST on essentials like gasoline and hydro is providing Ontario families with relief. Elliott added slapping the HST on his expensive energy experiments and hydro bills only adds fuel to Dalton McGuinty’s runaway spending.
Unbelievably, Finance Minister Dwight Duncan actually argued last week that slapping the HST on gasoline is saving families and seniors money at the pumps. It’s the same ruse that Dalton McGuinty used when he said his smart meter tax machines will save Ontario families and seniors money, that his Green Energy Act will only add 1 percent to hydro bills, or that his secret sweetheart Samsung deal adds only $1.60 a year. read more.....>
Liberals say not to economic development as a primary objective
THUNDER BAY, ON ---- May 5, 2011 ---- The Thunder Bay Chamber of Commerce, the Northwestern Ontario Associated Chambers of Commerce (NOACC), the Ontario Forest Industries Association (OFIA) and the Northwestern Ontario Municipal Association (NOMA) are expressing continued concern with the final content of Bill 151, the Ontario Forest Tenure Modernization Act (OFTMA). On Wednesday, May 4, 2011 the Standing Committee on General Government met to vote on final amendments to the controversial Bill, which due to a time allocation motion filed by the McGuinty Government, did not include an opportunity for discussion or debate. read more.....>
NOACC Annual General Meeting - Kenora
THUNDER BAY, ON ---- May 3, 2011 --- The Northwestern Ontario Associated Chambers of Commerce (NOACC) held their 76th Spring Meeting & AGM in Kenora, Ontario on April 27-29, 2011. Area Chambers and business leaders representing the region heard speakers on the Northern Ontario Heritage Fund Corporation (NOHFC), prospecting and mineral exploration in the Northwest and the Regional Immigration Portal. In addition, there was debate/discussion on the province’s Northern Growth Plan and a variety of resolutions on important issues on behalf of the Northwestern Ontario business community. read more......>
TBay Chamber 17TH ANNUAL BUSINESS AWARDS
THUNDER BAY, ON ------ April 16, 2011 ---- The Thunder Bay Chamber of Commerce is pleased to announce the winners for our 17th Annual Business Awards, which were proudly presented by Bell. The awards were presented on April 16th at the Valhalla Inn.
COMMITMENT TO QUALITY AWARDS Presented by Dave Farrell, Chair – Chamber Quality Management Committee Activation Laboratories LimitedThunder Bay Janzen’s Pharmacy read more.......>
Chamber Again Requests Bill 151 Hearing to be held in Thunder Bay
THUNDER BAY, ON ---- April 5, 2011 --- Thunder Bay Chamber Again Requests Bill 151 Hearing to be held in Thunder Bay
On March 25th, 2011, the Thunder Bay Chamber of Commerce sent a letter to the Chair and Committee Members of the Standing Committee on General Government to request that a Hearing on Bill 151 (Forest Tenure Reform) be held in Thunder Bay prior to 3rd reading in the Legislature.
The issue of Tenure Reform has been the focus of considerable review throughout Northern Ontario, and the Thunder Bay Chamber of Commerce participated in all opportunities to provide input throughout the process to date. We were satisfied that it appeared that many of our concerns and recommendations were being addressed in the legislation as it was developed. read more.......>
Families won’t be fooled by McGuinty’s latest
THUNDER BAY, ON ---- March 19, 2011 --NDP MPP Howard Hampton says Ontario families won’t be fooled by a new study, paid for with public money by the McGuinty Government, allegedly proving that businesses are passing along savings they’ve gained through the HST.
“People won’t be fooled. They know that the HST is costing them more every time they open pay the home heating bill or fill up the car,” said Hampton.
Hampton noted that, until recently, the government wouldn’t admit the HST costs families more. When they introduced the HST, the McGuinty government said the HST wouldn’t cost a thing:
“The effect is revenue-neutral.”
Finance Minister Dwight Duncan, Hansard Nov. 2009
Then, in June 2010, the McGuinty Liberals released a report saying that in the first year the HST was introduced, the average family would save money read more......>
NAN, CALLS FOR TERMINATION. CANADIAN BOREAL FOREST AGREEMENT
THUNDER BAY, ON: March 19, 2011 ---- Nishnawbe Aski Nation (NAN) Grand Chief Stan Beardy, as supported by NAN Chiefs-in-Assembly resolution 10/60, will be looking into taking the next steps in the fight against the Canadian Boreal Forest Agreement (CBFA). The decision comes after NAN Grand Chief Stan Beardy sent an open letter to the signatories of the CBFA on February 16, 2011 calling for its termination by March 18, 2011.
“The CBFA violates the Aboriginal and Treaty rights of the people of NAN, as well as their long-term social and economic interests,” said NAN Grand Chief Stan Beardy. “The Agreement was negotiated in secret, without any form of involvement or even notice for First Nations. This is not acceptable.” read more.......>
Building A Stronger Northern Economy - McGuinty Government Delivers Growth Plan For The North
THUNDER BAY, ON - March 4, 2011 - The 25-year Growth Plan for Northern Ontario will help create a stronger, more diverse and sustainable Northern economy.
This robust plan was developed with northerners for northerners. It will guide decision-making and investment planning in the region. To move the plan forward, the government will immediately: read more...>
GROWTH PLAN FOR NORTHERN ONTARIO WELCOMED BY NOMA
THUNDER BAY, ON - March 4, 2011 – The Northwestern Ontario Municipal Association (NOMA) welcomes the introduction of the Growth Plan for Northern Ontario as a significant step forward on the long journey towards a more prosperous and diversified region. The 25-year plan establishes a strategic framework and sets out policies and actions for how the Ontario government will engage, support and work with northern communities, businesses, Aboriginal communities and public sector partners. read more...>
McGuinty Backtracks on off-shore wind farm projects
THUNDER BAY, ON --- February 11, 2010 --- In a stunning backtrack, Dalton McGuinty announced today that he is abandoning his plans for off-shore wind farm projects. This is the latest admission by the McGuinty government that their expensive energy experiments have completely failed.
In April 2010, the McGuinty Liberals unanimously voted against an Ontario PC motion that called for a moratorium on wind farm projects until an independent, comprehensive study of the health and environmental impacts could be completed. Rather than simply admit the Ontario PCs were right all along, McGuinty tried to sneak his backtrack past Ontario families. While both McGuinty and Duncan held press conferences today, neither announced this backtrack publicly but rather quietly announced it in a late day press release. read more.....>
Nishnawbe Ask Development Fund calls for reduce power rates
Thunder Bay ON, February 8, 2011 - Nishnawbe Aski Development Fund (NADF) called upon the Ontario government today to find a solution to the high power rates that might deter the construction of Cliffs Natural Resources’ Ferrochrome Production Facility in northern Ontario. “Several Aboriginal businesses will benefit from the development of this facility, and if not, we stand to miss out on many opportunities”, said Harvey Yesno, President/CEO of NADF. “The Province of Ontario needs to be more visible and aggressive in tackling the power rate issue that is threatening the viability of a production facility in northern Ontario because any final decision to locate the Ferrochrome Production Facility outside of the province negatively impacts Aboriginal business in the region”.
This claim was issued in response to Cliffs’ revelation on Friday, February 4, 2011 during its conference call with the media that while Sudbury had been identified as a ‘base-case’ location for its Ferrochrome Production Facility (FPF), other municipalities within and outside Ontario were not beyond approach and possible selection as a location for its FPF. read more.....>
Liberals and Conservatives come out against extra internet charging
February 1, 2011 – “Liberals believe in more internet competition, not less,” said Liberal Heritage Critic Pablo Rodriquez in a statement released today, seemingly echoing the words on OpenMedia.ca’s homepage: “Canadians want more Internet, not less”.
Led by Rodriquez and Industry and Technology Critic Marc Garneau, the Liberal Party has now become the second major federal party to officially condemn Internet metering.
“We’re elated by this move by the Liberals,” said Steve Anderson, OpenMedia.ca’s national coordinator. “Over the last few months, supporters of Stop The Meter came together as citizens, and today they fundamentally influenced federal politics. This is a groundbreaking example of the power of the online discourse and organization, and why we must protect the open, public Internet.” read more......>
Ontario Caribou Proposal Will Not Protect Jobs
THUNDER BAY, ON --- January 29, 2011 ---- Lack of Socio-Economic Impact Assessments associated with Caribou Conservation Plan Continues to Raise Concerns/Jeopardize Northern Communities
The Ontario Forest Industries Association (OFIA) welcomes the public and stakeholder consultations announced on January 24, 2011 regarding the Ministry of Natural Resources (MNR) proposed approach to a Caribou Habitat Regulation under Ontario’s Endangered Species Act (ESA).
“We look forward to participating in the town hall meetings because up until now there has been no consideration of the negative economic impacts that the Endangered Species Act and its associated policies, including the Caribou Conservation Plan will have on Ontario’s forest sector and the over 260 communities that it supports” says Jamie Lim, President and CEO. read more.......>
McGuinty Liberals subsidize electricity consumers in the United States and Quebec
THUNDER BAY, ON ---- January 29, 2011 --- On January 24, when temperatures plummeted to -40 Celsius and Ontario recorded its highest domestic demand day in more than two years, the McGuinty Liberals forked over $2.1 million in subsidies to utilities in neighbouring provinces and states, according to information compiled from the Independent Electricity System Operator’s (IESO) website.
With public outrage still festering over revelations that the McGuinty Liberals paid millions of dollars to give excess power away to the U.S and Quebec on New Year's Day, NDP Energy Critic Peter Tabuns reveals that they've done it again.
“It’s simply outrageous that Ontario families are getting zapped with high electricity rates, including the HST, while the McGuinty Liberals subsidize electricity consumers in the United States and Quebec,” said Tabuns.
Tabuns wants the McGuinty Liberals to immediately close a loophole in the province’s electricity export rules that has forced Ontarians to subsidize hydro users in neighbouring jurisdictions to the tune of a billion dollars since 2006. read more.....>
BURGER KING Debuts New Restaurant Design
THUNDER BAY, ON --- January 22, 2010 --- Burger King Restaurants of Canada, Inc. Friday announced the grand re-opening of the new BURGER KING® restaurant in Thunder Bay, Ontario, featuring the company's bold new 20/20 global restaurant design. The sleek, customer-friendly 20/20 design is an artistic interpretation of the company's "grill-centric" brand and provides restaurant guests with a unique BK® dining experience.
The flagship Thunder Bay location offers a variety of self-seating options for guests and showcases a modern pallet of metallic finishes and black accents, complemented by ceramic tile with rustic wood and concrete finishes. The new restaurant is located at located at 2840 Arthur St East and is the fourth 20/20 location in Canada, following Waterloo, Windsor and Kamloops, and the first in Northern Ontario. Read more.....>
Latest McGuinty Liberals figures on HST bogus
THUNDER BAY, ON --- January 21, 2011 --- Nobody in Thunder Bay will believe the McGuinty Liberal government’s spin on the so-called positive impact of the HST, said NDP Finance Critic Peter Tabuns.
“The estimates will sound ridiculous to anyone that has recently opened their home heating bill, filled up at the pump, or taken their kids for a haircut,” said Tabuns. “Their figures are simply bogus.”
Tabuns noted that the government’s forecasts are fundamentally flawed because it assumes that businesses will pass on nearly $2 billion in savings to consumers in the form of lower prices.
“Prices are shooting through the roof and families aren’t seeing any of those savings,” said Tabuns.
According to Statistics Canada, consumer prices in Ontario are rising 3 per cent, the highest of any province. The agency reports that gasoline and electricity – both subject to the HST – are key drivers of recent price increases. read more.....>
McGuinty Liberal Fight Grandparents
Hamilton On ---- January 20, 2011 ---- “Let’s put it right out there”, said Miller, “if these minimum income grandparents did not step-up-to-the-plate and raise their grandchildren on McGuinty’s paltry $241 per month for the first child and $194 for each additional grandchild, a foster parent would raise them at $900 per month for each child”. Yes, these monies come from two different Ministry budget lines, but it all comes from one large pot, generously provided by each one of us in the taxes we pay each and every day.
NDP MPP Paul Miller, fighter on behalf of permanent Temporary Care Assistance for grandparents raising their grandchildren, is appalled at the on-going callous response of Minister Meilleur and the McGuinty Liberal government. These grandparents fight daily to raise their grandchildren on minimum income, then they have to fight the McGuinty Government to make the funding permanent, like the care for their grandchildren inevitably will be; the parents can always take the children back on quite short notice. read more....>
Anishinabek to participate in long-form census
NIPISSING (January 20, 2011) – The Anishinabek Nation is encouraging its citizens to participate in the 2011 Census in order to ensure adequate funding for such priorities as education, health care and economic development on and off-reserve.
“We are actively promoting collection of information from Anishinabek communities so we can gather specific data about our on-reserve and off-reserve citizens,” said Grand Council Chief Patrick Madahbee.
The Anishinabek Nation and Statistics Canada signed a Memorandum of Understanding (MOU) today establishing a partnership for the complete and accurate enumeration of Anishinabek citizens in the 2011 Census and the National Household Survey. read more......>
SUMMER JOBS PROGRAM TO HELP LOCAL SMALL BUSINESSES & STUDENTS
THUNDER BAY – January 18, 2011 ----- Thunder Bay–Superior North MP Bruce Hyer is calling on local employers to start thinking about summer student employment, and to apply soon for support funding to create summer job opportunities.
“Last year, our riding received a record $292,488 in the Canada Summer Jobs program. We’re looking to build on that success in 2011 by creating more high-quality jobs and opportunities for our youth, right in our riding.” said Hyer. “The program is about making sure local employers with less than 50 employees have the support they need to hire students, and students benefit from valuable work experience. It’s about keeping young people working in our local economy.”
Noting that applications for funding would only be accepted from February 1st to 26th this year, Hyer called on interested Thunder Bay-Superior North businesses and non-profit organizations to contact his office at 1-888-266-8004 or visit his website as soon as possible. The MP pointed out that the scope of positions funded had been expanded from previous years, and now included jobs related to sports or culture; jobs supporting the creation of student employment in areas of limited opportunities for students; jobs encouraging Aboriginal employment; and jobs encouraging employment in sectors of the labour market such as tourism, manufacturing, environmental stewardship, health services, the forest sector, social justice, and more. read more......>
NAN HOSTS FIRST NATIONS ECONOMIC SUMMIT
THUNDER BAY, ON --- January 14, 2011 -- Nishnawbe Aski Nation (NAN) is pleased to be hosting the inaugural NAN First Nations Economic Summit. This February, NAN Chiefs and Council, Economic Development Officers, Northern First Nation business owners, NAN membership, industry, government and other interested parties will come together for the three-day event. The goal of the Summit is to develop a regional economic strategy to ensure NAN First Nations benefit from future economic activity in the North.
“With looming resource development in NAN territory, it is essential that we gather to determine our future path to best benefit from any resource revenue, employment, economic and business opportunities, and any other spin-offs that may derive from activity on our homelands,” said NAN Deputy Grand Chief Les Louttit. “This Economic Summit gives our communities the opportunity to collectively identify where we are today, what our challenges are moving forward, and where we want the NAN economy to be in the future.”
The NAN First Nations Economic Summit includes panel discussions, presentations and breakout sessions covering a wide-variety of topics including: negotiating fair and equitable economic/resource development business deals, the environmental assessment process, resource benefit sharing, and the impacts of the global economy in NAN territory. read more .....>
Hyder starts Pre-Budget Consultations Today in Geraldton
THUNDER BAY, ON ---- January 10, 2011 --- Hyder starts Pre-Budget Consultations Today in Geraldton “My latest public forums are designed spark conversation, and give people a chance to tell me their concerns directly about how and where the government is spending their tax dollars.” said Hyer. “Should we be spending billions on Afghanistan? On corporate tax cuts? On EI? Health care? I want to hear your ideas and opinions - they will inform my work in championing local concerns in Ottawa.”
Thunder Bay–Superior North MP Bruce Hyer will be touring the riding in January, holding public consultations in the lead-up to the upcoming 2011 federal budget. read more.....>
PEW Report 2010 Who Uses the Internet
THUNDER BAY, ON ---- January 8, 2010 --- This is the second report by the Pew Research Center’s Internet & American Life Project exploring how different generations use the internet.1 All the generation labels used in these reports, with the exceptions of “Younger Boomers” and “Older Boomers,” are the names conventionalized by William Strauss and Neil Howe in their book, Generations: The History of America’s Future, 1584 to 2069 (Perennial, 1992). The Pew Internet Project’s “Generations” reports make the distinction between Younger Boomers and Older Boomers because enough research has been done to suggest that the two decades of Baby Boomers are different enough to merit being divided into distinct generational groups.
Seventy-nine percent of all American adults go online, a number that has remained relatively steady since early 2006. While most generations have internet adoption rates of at least 70%, internet use drops off significantly for adults over age 65: only 58% of adults ages 65-73 (the Silent Generation) and 30% of adults age 74 and older (the G.I. Generation) go online. As a result, younger generations continue to be over-represented in the online population, with adults ages 45 and younger constituting about 56% of the online population, despite making up only 49% of the total adult population. The Millennial generation is particularly prominent online: though they make up 30% of the total adult population, they account for 35% of internet users. (Note: all data regarding generations within the context of the general U.S. population are from the May 2010 Pew Internet tracking survey of 2,252 adults 18 and older.) read more.....>
Take Unfair HST off Hydro & Home Heating
THUNDER BAY, ON ---- Queen’s Park – January 6, 2010 --- Ontario’s New Democrat Leader Andrea Horwath says the Ontario Government must take the unfair HST off hydro and home heating bills.
“In these tough times it's just wrong to stick a new tax on hydro and home heating bills. Today New Democrats are calling for a simple step to make life more affordable for Ontario families,” said Horwath.
In September Ontario’s New Democrats launched a campaign to take the harmonized sales tax off hydro. Today’s announcement expands the campaign to take the unfair tax off home heating bills such as natural gas and heating oil.
Removing the HST from hydro and home heating would save an average family with two children $220 per year. read more.....>
Liberal MPP Breaks Ranks over HST Tax Grab on Hydro Bills
THUNDER BAY, ON --- January 8, 2010 ----- Niagara Falls Liberal MPP Kim Craitor has broken away from Dalton McGuinty and his Liberal Party and admitted he does not support Dalton McGuinty’s HST on hydro bills. After months of grumbling behind closed doors, Craitor becomes the first Liberal MPP to publicly break ranks with Dalton McGuinty on the HST.
In an interview this week Craitor told media, “Let me say, this is Kim Craitor the person talking, that I do not approve having the HST on hydro bills”.
For almost two years, Tim Hudak and the Ontario PC Caucus have been defending Ontario families and fighting Dalton McGuinty’s HST tax grab. Since Dalton McGuinty’s HST tax grab came into force this past summer, Ontario families have been paying more for everyday expenses like hydro, gas, airline tickets, haircuts and dozens of other goods and services. read more....>
Hyer – Statement on Receivership of Buchanan Mills
THUNDER BAY ON – January 12, 2011 -- MP Bruce Hyer is offering his support to approximately 750 area workers impacted by today’s announcement that two Buchanan mills in the area have been placed into receivership, and two more into the hands of a bankruptcy trustee.
“I was disappointed to hear that Buchanan Northern Hardwoods and Great West Timber have been placed under a bankruptcy trustee today, at the same time that Northern Sawmills and Atikokan Forest Products are being placed in receivership.” said Hyer “This impacts local workers more than anyone else. Forest sector workers and their families have borne the brunt of shutdowns across the region for many years.” read more.....>
The Northwestern Ontario Bio-Economy Corporation - A Grass Roots Approach
THUNDER BAY, ON - March 14, 2011 - Join the Northwestern Ontario Bio-Economy Corporation (NOBEC) on March 26, 2011 in Thunder Bay at the Victoria Inn for our annual conference. This year's topic, 'A Grassroots Approach', focuses on entrepreneurs from Northern Ontario who have adopted a unique 'grassroots' approach to doing business by cultivating their business endeavours around natural products and processes, and the current and future federal and provincial programs in effect to assist these entrepreneurs and encourage others to develop their own innovative ideas. read more...>
Established Thunder Bay Business Renewed
THUNDER BAY, ON ---- October 31, 2010 --- Mile and Brian Gendron are all smiles for their Grand opening of Tools Wood, a business that caters to woodworkers located on Victoria Ave. The Thunder Bay business has been known to wood workers for decades but that was under the original management team. When it came time for them to retire the future of the business seemed less than certain, that is until Brian and Mile Gendron purchased the business.
In the space of one month the couple have managed to open the doors to the public on Sept. 1st, find and order stock, and organize their business. Saturdays Grand Opening sale had many one day only prices, and by mid afternoon the Gendron’s were wondering if there would be anything left to sell for Monday morning. read more ...... >
CANADA’S LONGEST RUNNING ABORIGINAL BUSINESS AWARDS
THUNDER BAY ON: October 26, 2010 ---- Nishnawbe Aski Development Fund (NADF) hosts its 20th annual Business Awards today at the Valhalla Inn in Thunder Bay, Ontario.
Held in the heart of ‘Small Business Week 2010’, this exciting event celebrates and honors the achievements of existing Aboriginal businesses in Northern Ontario while promoting Aboriginal economic development through entrepreneurship.
“It is very encouraging to witness the growth of the NADF Business Awards every year,” said NADF President and CEO Harvey Yesno. “What began as a small event with just two categories and seventeen guests has blossomed into northern Ontario’s ultimate networking event. It’s a wonderful way to showcase the brightest minds in the Aboriginal and non-Aboriginal business community and we are happy to be able to carry on tradition with this event.” read more.....>>
Is Wind power a benefit to Resident of Thunder Bay?
THUNDER BAY, ON ---- October 17, 2010 --- In a Globe and Mail story titled "When it comes to power in Ontario, we’re in the dark" Power expert Tom Adams may know more about this subject than any other living being. And he’s steamed. Ontario’s rates, he says, have already surpassed the U.S. average and are headed for European levels – “just because of public policy.” read more.....>
Scrap $1 billion Loan to Vale
TORONTO: The Canadian Taxpayers Federation (CTF) is calling on the federal government to scrap a $1 billion loan announced today by Export Development Corporation to Vale Inc. of Brazil. CTF Federal Director, Kevin Gaudet, said “if corporate welfare worked at creating jobs, every Canadian would have two by now. This loan should be scrapped and fast”.
Gaudet said, “why are Canadian taxpayers lending precious money to a firm that says it already has so much excess cash”.
Vale is a multi-billion multi-national corporation headquartered in Brazil. Their Financial Statements for 2009 reveal a very profitable net income of $5.5 billion (U.S.) down from $13.5 billion and $12.6 billion in the two prior years. On September 23, 2010 Vale announced a share buy-back program for its excess cash. read more......>
Far North Act Will Impair Our Economy
THUNDER BAY, ON ----- October 3, 2010 --- Harold Wilson President of the Thunder Bay Chamber of Commerce explains how the Ontario far North Act will impair the the Economy of North Ontario and Ontario Minister of Natural Resources-Linda Jeffrey disagrees.
Far North Act Will Impair Our Economy – by Harold Wilson
Harold Wilson President of the Thunder Bay Chamber of Commerce explains how the Ontario far North Act will impair the the Economy of North Ontario and Ontario Minister of Natural Resources-Linda Jeffrey disagrees read more......>
Layton urges drop taxes on home heating before snow falls
OTTAWA – October 3, 2010 ----- New Democrat Leader Jack Layton today is calling on Stephen Harper to give hardworking families a break and immediately remove the five percent HST/GST from home heating before the snow falls.
“I’ve crisscrossed this country more than once, you know – and I see people struggling right now, more than I’ve ever seen,” said Layton. “I’m asking Mr. Harper to put partisanship aside and work with me to do the right thing.”
Speaking today at the party’s federal council meeting, Layton said Stephen Harper has broken his promise to make life more affordable for Canadians, but New Democrats are willing to work with the Prime Minister to help seniors and working families as they struggle with heating bills this winter. read more.....>
NAN SLAMS PROVINCIAL GOVERNMENT FOR LACK OF CONSULTATION
THUNDER BAY, ON: September 30, 2010 ------ Nishnawbe Aski Nation (NAN) Grand Chief Stan Beardy is slamming the Premier of Ontario for announcing the appointment of the Province‟s Ring of Fire Coordinator. During a stop-over in Thunder Bay today to speak to a Northern Ontario delegation, Premier Dalton McGuinty announced that Dr. Christine Kaszycki would assume the position to oversee issues pertaining to an area known as the Ring of Fire – located in NAN territory.
“The Premier of Ontario continuously talks about this so-called „new relationship‟ with First Nations and yet again he unilaterally makes a decision without consultation with NAN First Nations,” said NAN Grand Chief Stan Beardy. “We are disturbed that the Premier can express his willingness to create a true partnership and yet leaves us out of this critical process. We need to ensure that our objectives and our plans for anything in our territory are adequately represented. We should have been a part of the selection of the person to fill this critical position.” read more......>
TBCC PLEASED WITH CHANGES TO EMPLOYMENT INSURANCE
THUNDER BAY, ON ------ September 30, 2010 ---- As the biggest and most important businesses constituency in the country, the Canadian Chamber of Commerce and its network across the country issued a resounding call to action in the wake of proposed changes to the Employment Insurance (EI) program, and plans to increase EI premiums by the maximum allowed under federal legislation. The Voice of Business was heard loudly.
Last night, members of Parliament defeated Bill C-308 — a bill that would have added over $2 billion to the costs of the EI Program, increased work disincentives, hindered labour force mobility and constrained job creation. Today, the government announced it will be scaling back planned increases in EI premiums read more.......>
ECO over their head when it comes to Forestry
THUNDER BAY, ON ----- September 30, 2010 --- Environmental Commissioner’s Office in over their head Modern forest management proves difficult for ECO to understand
In order to set the record straight, the Ontario Forest Industries Association (OFIA) is responding to several inflammatory and incorrect statements made by the Environmental Commissioner’s Office (ECO) in a media release dated September 22, 2010.
“Many of the ECO statements are a gross oversimplification or are outright just misleading”, says Jamie Lim, President and CEO of the OFIA, adding “you really have to wonder where they are sourcing their information”.
Of particular concern is the ECO attempt to erroneously paint natural resource sectors, including forestry, as ‘status quo’ or ‘business-as-usual’ sectors that have remain unchanged for 150 years. read more.......>
We’re a Fresh Store!
THUNDER BAY, ON ------- September 26, 2010 ------ With their daughters holding on the red ribbon, Dan and Dave Stezenko prepare to cut the ribbon officially opening their new Quality Market. During the preliminary speeches one invited guest after another praised the brothers for being inspiring entrepreneurs, for being leaders rather than followers, and for being a part of the community.
I toured the new store, located right beside the Tim Hortens on Golf Links Road. It is indeed a new store as opposed to another store. Rather than a corporate developed model which should work in a city like Thunder Bay, the brothers developed their own concept of what a successful food store could and should offer its customers. To start with the store is strategically located on what will become one of the city’s main traffic arteries. read more.....>
City Acquiring South Core Properties and Contract for DSSAB Building Awarded
THUNDER BAY, ON ---- September 24, 2010 – The City of Thunder Bay are acquiring a number of south core propertys including the Inntowner Hotel which is located across the the new TBSSAB builing the construction contract was award earlier in the week.
As part of the City's strategic plan to invest in the revitalization and development of the downtown, City Council has authorized the acquisition of several properties in the South Core.
In addition to the anticipated construction of the Consolidated Courthouse and the District of Thunder Bay Social Services Administration Board (TBDSSAB) buildings, the acquisition of these properties will contribute to parking, and could, in the future, be used for redevelopment purposes, advancing the City's objectives to improve the vitality of the downtown. read more......>
TBRII Makes its Mark
THUNDER BAY, ON ---- September 22, 2010 -- It is a good thing to be invited out to a press conferance and witness something good in the making. While it was established not that long ago the Thunder Bay Regional Research Institute is beginning to make its mark on the international scientific community, and in so doing establish Thunder Bay as a place of expertise in the scientific community.
Dr. Rui Wang likes being associated with TBRRI. He says “you must have imagination to be a research scientist” and “Many people in the city do not even know we are here!” One of the things that Dr. Wang (Vice President of Research, Lakehead University) is its ability to work with global partners. He asks the question, “Why Thunder Bay?” There are many reasons why a scientist would find out city attractive as a work place. His first item on the list is the motivating environment. When it comes to research some of the very best people from around the worlds are gathered here to work on specific projects, Like medical imaging technology. The small but effective research team has the ability to get things done, Wang says. read more......>
THUNDER BAY CHAMBER TO ATTEND 3rd READING FAR NORTH ACT
THUNDER BAY, ON ---- September 22, 2010 --- Harold Wilson, as the Thunder Bay Chamber of Commerce President and the Chief Operating Officer of the Northwestern Ontario Associated Chambers of Commerce (NOACC), will be at Queen’s Park in Toronto on today where the Provincial
Government is expected to approve 3rd Reading of The Far North Act, which will
effectively pass the legislation.
Stated Wilson, “Following my participation last week, it became clear that the
misinformation about what the Far North Act means was gaining momentum. We were
asked why we were against land use planning. Effective land use planning can continue
without the Far North Act. This is about withdrawing 50% of the Far North (21% of all of
Ontario) from possible development, and holding the rest of the area subject to an MNRled
quagmire. I am working until the last minute to identify how this incredibly significant,
harmful legislation will negatively impact our Northern economy and our business
community. We need the Government to be aware of how business investment will be
hindered and opportunities shelved.” read more.....>
Northern Networks Trade Conference (NNTC)
THUNDER BAY, ON ------ September 2, 2010 ----- Northern Networks Trade Conference (NNTC) is a cross-border, multi-national trade event. Business owners and Economic Development professionals from Northwestern Canada, Minnesota, and Wisconsin will have the opportunity to tap into the experience of trade representatives. This venue provides attendees the chance to discuss business ventures; plan strategic alliances; and build partnerships to maximize results. read more......>
High-speed Internet upgrades
THUNDER BAY, ON – September 2,2010 --- Local MP Bruce Hyer says Thunder Bay-Superior North communities like Dorion, Pass Lake, MacDiarmid, Armstrong, Nakina, and Marathon are slated for high-speed Internet upgrades following a Canadian Radio-Television and Telecommunications Commission (CRTC) ruling Tuesday.
The ruling means the country’s largest telephone companies must allocate $733 million out of special ‘deferral accounts’ towards customer rebates and rural broadband. This includes $310 million rebated to urban home telephone customers, and $422 million to deploy broadband Internet service to 287 rural and remote communities. read more....>
The New Frontier
THUNDER BAY, ON ----- August 13, 2010 ---- The Honourable Linda Jeffrey, Minister of Natural Resources visited Thunder Bay as part of a visit at the request of Stan Beardy, Grand Chief of N.A.N. Just before her plane left for Toronto she made time for one on one interviews with the press.
She described her visit here as a get acquainted opportunity, and Stan Beardy personally introduced her to many of the Chiefs in our far north regions. Her travels included trips to Muskrat Dam and Martin Falls, all part of getting to know the land and the people and issues she will need to deal with as her ministry prepares Bill 191. read more.......>
NOMA OPEN FOR BUSINESS ACT” WILL HURT RATHER THAN HELP
DRYDEN ON --– August 6, 2010 ---- The Northwestern Ontario Municipal Association is speaking out against a section of Bill 68: The Open for Business Act, 2010 that could further hurt the forest industry in Ontario. Bill 68 proposes to change the rigorous Crown Forest Sustainability Act to give the Endangered Species Act (ESA) higher authority when there is a conflict between an ESA agreement, permit or instrument and a previously approved Forest Management Plan. read more......>
Wheat Prices begin to soar Bread Pizza Up?
THUNDER BAY, ON August 6, 2010 ---- Wheat is something like water, we need it to survive yet we seldom wonder what will happen if we run out. In Thunder Bay, wheat is always quietly present in the background of our daily lives. Our grain elevators are a source of employment for many, and wheat in this sense dominates the skyline along our harbour. Ships from all around the world visit our port, often to pick up a load of golden grain. read more......>
Decision Making Process at City Hall
THUNDER BAY, ON ---- August 4, 2010 ----- The recent lengthy City Council meetings (new bus terminal in front of City Hall, renaming of waterfront streets, The Windmill Park process, etc.) might seem to indicate that something is amiss or that a disconnect exists between the citizens’ expectations and Council/Administration’s capacity to deliver timely and effective decisions. Some would say that it is a sign of growing rift on Council itself, or between Councilors and staff. That is the impression one may get by following the coverage of Council meetings, or by listening to the political pundits. read more......>
Genesis Genomics Renamed Mitomics
THUNDER BAY, Ontario, July 12, 2010 - Mitomics, world leader in research and development of mitochondrial genome-based products to improve clinical insight and therapeutic decisions, today announced that its shareholders have voted to change the company name from Genesis Genomics Inc. to Mitomics Inc., effective immediately. The change is being implemented as the company begins commercialization of the Prostate Core Mitomic Test(TM) based on its Mitomic Technology(TM) platform in the United States this year. read more.....>
Finding the Materials Rare Earth Elements
THUNDER BAY, ON --- July 3, 2010 ---- If you have ever gone for a ride in one of these machines, at Thunder Bay Regional Health Science Centre, you might not care too much about how it works, much less what it is made of. Chances are you are much more concerned about your medical condition and are grateful at last that you have had your scan. When you are ill time is of the essence. read more......>
HST Push gas to $1.13 per litre
THUNDER BAY – It’s official! As of today, life is less affordable because of McGuinty’s unfair Harmonized Sales Tax (HST), says NDP Leader Andrea Horwath.
In Thunder Bay the price a gasoline jumped to $1.13. Ontario Liberal Government now will bennifit every time the pump price goes up. Giving local MPP Michael Gravelle and Bill Mauro Liberal Government will bennifit at the expense of hard working people of Northern Ontario
“As we celebrate our country’s birthday, Dalton McGuinty’s present to families is an unfair tax that will cost them an average of $800 every year,” said Horwath. “Rather than making life more affordable for families struggling to get out of a painful recession, starting today the McGuinty Liberals are making it more expensive.” read more.....>
THUNDER BAY CHAMBER OF COMMERCE SUPPORTS LOCAL TAXI COMPANIES
THUNDER BAY, ON ---- July 1, 2010 --- The Thunder Bay Chamber of Commerce has learned of the June 29 decision by the Thunder Bay Police Services Board to deny a rate adjustment by local taxi companies to reflect the HST which comes into effect July 1. The Chamber requests that this decision be reconsidered.
Chamber of Commerce President Harold Wilson, stated “We understand that the three cab companies, which employ close to 250 drivers who are on commission, did not have the opportunity to fully present their case to the Police Services Commission, which is unfortunate.” read more....>
NOMA OUTLINES POSITION ON PROPOSED FOREST TENURE
THUNDER BAY, ON – June 29, 2010 ----The Northwestern Ontario Municipal Association (NOMA) has outlined its position on the “Proposed Framework to Modernize Ontario’s Forest Tenure and Pricing System”. The reform proposal outlines three main elements: 1) New Local Management Corporations; 2) Competitive Markets; and 3) A new revenue model. The Ministry of Northern Development, Mines and Forestry is accepting responses on the proposal until Tuesday, June 29th.
President Anne Krassilowsky commented, in a news release that, “NOMA recognizes that the views of our members are diverse in regards to some specific details of the proposal for Forest Tenure Reform; however, we are also confident that there are many principles that are commonly shared that are vital to the revitalization of the forest industry. We also encourage each municipality to express their views on this issue based on the best interests of their community.” read more.....>
GINOOGAMING FIRST NATION SEEKS WIND ENERGY PARTNER
THUNDER BAY, ONTARIO, CANADA - JUNE 28, 2010: Ginoogaming First Nation is offering a partnership with a wind energy firm to continue development of their 10-megawatt (MW) wind farm, located near Longlac, 350 km northeast of Thunder Bay, Ontario, Canada.
Last May the installation of a meteorological tower (MET) on Ginoogaming's reserve lands captured wind data and today the one-year results have completed analysis providing the First Nation with valuable information for their first phase feasibility study. Wind speed is a crucial element in projecting turbine performance as the project moves to the second phase. read more.....>
Gravelle and Mauro make life less affordable: NDP
THUNDER BAY, ON ---- June 25, 2010 ---- NDP Finance Critic Peter Tabuns says the last thing Thunder Bay families need or want is a new tax on everyday essentials.
"The HST is going to cost Thunder Bay families $800 every year," said Tabuns. "Less money in the pockets of consumers will hurt small businesses, posing a serious threat to consumer confidence and the economic recovery."
Tabuns noted that a recent poll by Angus Reid found that 79 per cent of Ontario small businesses oppose the HST read more.......>
Nipigon Nylons Make You Smile
THUNDER BAY, ON ----- June 20, 2010 --- At one time wool work socks were common in all of the dry goods stores in Northern Ontario. They were warm, they could breath, they were good for work out of doors, and the socks were tough and durable just like our pioneers. It was not long before men and women alike owned a pair or two. The story goes that a group of women were at a meeting and they were all sporting a pair of northern socks, and the term “Nipigon Nylons” was coined. It has been with us ever since.
So the “Nipigon Nylons” refer to our heritage socks and not a local rock band. The concept for the modern concept was developed by Nipigon’s New Beginnings Circle, which is affiliated with the Paro Centre in Thunder Bay. Founded in 2000, the “circle” works to make their community a better place to be and live. The circle hosts two women’s networking dinners each year, and they are also responsible for the nifty display and photo booth in the Nipigon tourist pavilion where you can have your picture taken while sporting a genuine pair of “Nipigon Nylons”. Members of the New Beginnings Circle are Levina Collins, Patricia Dellaceccea, Tasha Sutton, Norma Fawcett, and Linda Harbinson. read more.......>
Thunder Bay Treasure Store
THUNDER BAY, ON ----- June 18, 2010 ------The Finnish Book Store/Kitchen Nook is located in the heart of the City’s most vibrant business district. The business has been in the Koskiniemi family since 1963 when Richard’s grandparents bought the present building. The business has been in the family ever since.
In the early days the store sold mostly books written in Finnish for the local immigrant population. With several boarding houses and a large Finnish population living in the near neighbourhood, this has turned out to be an excellent location for the Koskiniemi family. Today the business has changed a great deal from what it was. Yes you can still find a book written in Finnish, but there are many more books telling stories about Finland, or Finish culture but now written in English. The bulk of the Finnish immigrant population living in the city are now second and third generation. It is easier for parents to give their children a little Fin culture in the language they use at school. read more....>
Prepared for Growth
THUNDER BAY, ON ---- June 17, 2010 ---- Business has been good for Rob and Liana Frenette, President and CFO respectively of TBT Engineering Limited. When the couple took over Thunder Bay Testing in 1995 the company had two employees. To-day the company celebrated the official opening of their new engineering and corporate offices in the former Paterson building, located at 1918 Yonge Street, Thunder Bay.
Since that time the company has grown, and last year they issued about 150 T-4 slips for people who worked for them over the year. About 100 are full time employees, while the remaining fifty or so are part time employees or summer students read more....>
McGuinty Government Continues First Nations PST Exmption
THUNDER BAY, ON --- June 17, 2010 --- "I am thrilled and our people will be relieved that the point of sale exemption for First Nations will be continued within the HST framework. First Nations have worked tirelessly with Ontario and the federal government to make this a reality. The ability to achieve this reflects the great potential of the government-to-government relationship between Ontario and First Nations." – Angus Toulouse, Regional Chief
Under the 13% HST, purchases by Status Indians are exempt when purchased on or delivered to a reserve by a vendor or its agent. Ontario's treatment will extend this exemption 8% to eligible goods and select services purchased off-reserve — the same system that exists right now under the RST. read more.....>
Hyer Fights for Cell phone Users
THUNDER BAY, ON -– June 17, 2010 ----- Parliament needs to end repressive cellular phone network locks in order to promote consumer choice and to encourage much-needed competition in Canada’s cell phone market, says New Democrat Small Business Critic Bruce Hyer. The MP tabled the Cell Phone Freedom Act Thursday to ban “network locks” or “SIM locks” on new mobile phones sold outside of contract.
Because of an effective lack of competition in the Canadian marketplace, big wireless providers are not motivated to unlock phones, unlike carriers in most other countries. read more......>
Metrolinx and Bombardier sign contract for LRVs
THUNDER BAY, ON --- June 14, 2010 ---- Bombardier Transportation announced today that it has signed an agreement with Metrolinx for the exercise of 182 option vehicles, included in the June 2009 contract. The agreement is valued at approximately $770 million CDN ($745 million US, 617 million euros). Deliveries of these vehicles are scheduled to take place between 2013 and 2020. Under the agreement, up to an additional 118 vehicles could be ordered at a later date.
Thunder Bay - Residents of Thunder Bay and area now have a brighter future thanks to a contract signed between Metrolinx and Bombardier. read more.....>
Wind Turbines for Minnesota
Duluth, Minn.— August 16, 2010 ----- When the *BBC Ems arrived in the Port of Duluth marked a significant milestone for Minnesota Power’s wind development project that spans two states.
The BBC Ems is carrying wind turbine equipment destined for the company's 76-megawatt Bison 1 Wind Energy Center now under construction near New Salem, North Dakota. On board the ship are 16 nacelles and 16 rotor hubs that are integral components of the first phase of Bison. Manufactured at a Siemens facility in Brande, Denmark, the equipment was shipped from the port of Aarhus. read more......>
Save Your Money
THUNDER BAY, ON ---- June 13, 2010 ----- Jim and Betsy Peterson are celebrating one year as new owners of an old Thunder Bay business. A to Z rentals has been operating in the city for 42 years, and since taking over the business, they have been working hard replacing equipment and giving the place a new fresh image.
In speaking with Jim and Betsy Peterson I was reminded how important it is to manage finances properly especially in challenging economic circumstances. The advertising slogan for a on-line bank came to mind, “Save Your Money!” “People like to collect stuff”, Jim says, “They will buy a log splitter that they might use once or twice a year, then they have to store it for the rest of the year ... then a few years down the road they end up selling it for a quarter of what they paid for it.” Often it just makes more sense to rent. read more.....>
Professional Writers Welcome Debate on C-32 Draft Copyright Amendment
THUNDER BAY, ON ----- June, 12, 2010 ------ The Professional Writers Association of Canada (PWAC) reports from their Annual General meeting in Toronto that they welcome another opportunity to strike a balance in our copyright law. The draft bill tabled this week in Ottawa, Bill C-32, moves towards harmony with the global framework set out in treaties of the World Intellectual Property Organization (WIPO) that Canada signed in 1996 but has yet to implement. PWAC acknowledges the federal government attempt to align our laws in order to strengthen the legal tools required to give and retain value for copyright materials in the global digital marketplace. read more......>
INAC DELAYS GINOOGAMING WOOD PRODUCT INITIATIVES
THUNDER BAY, ON – JUNE 8, 2010: Ginoogaming First Nation Chief and Council are frustrated with Indian Northern Affairs Canada’s (INAC) bureaucratic land permit process.
Ginoogaming has plans to construct an Industrial Park on their First Nation land and open it to house engineered wood projects that will tie to their newly purchased two plants (plywood and wafer board) that sit on nearby municipal land previously owned by Kruger Industries with Ginoogaming being a one-third owner through its development arm Rocky Shore Development Corporation. These major initiatives are expected to commence soon and Ginoogaming’s leaders cannot stand by and let this economic opportunity disappear. The projects will have many benefits to the First Nation and non-First Nation communities in the surrounding area. read more......>
First Gulf Thunder Bay Pulls Out of Innova Business Park
June 2, 2010 – The City has received notice that First Gulf Thunder Bay Developments Inc. will not be moving forward with its proposed purchase of lands within Innova Business Park due to global market conditions resulting in an inability to secure anchor tenants for a commercial development.
In October 2008, the City and First Gulf entered into a conditional agreement of sale for approximately 52 acres of land within Innova Business Park. First Gulf had planned to develop a 600,000 square foot mixed-use retail centre. read more.....>
PC Survey asking how HST will hurt your Family Budget
THUNDER BAY, ON ---- May 31, 2010 --- June 1st marks the one-month countdown until Dalton McGuinty’s latest tax grabs takes effect. The HST will increase prices on gas, electricity, home heating fuel, airline tickets, haircuts and dozens of other goods and services Ontario families use every day.
Today at Queen’s Park, Ontario PC Leader Tim Hudak and the Ontario PC Caucus launched a new online poll where Ontario families can vote on which good or service the HST will hurt family budgets most. read more.....>
Gasoline prices set to soar under HST: NDP
THUNDER BAY, ON ---- May 12, 2010 ---- Queen’s Park – New data released today by Ontario’s NDP shows Dalton McGuinty’s HST will take $895 million from the pockets of Ontario drivers in new gasoline costs alone – an average of over $200 in additional annual gasoline costs for an average couple with children. “These figures make clear that the cost of driving the family car will go up dramatically once the HST kicks in,” Horwath said. “When families factor in over $200 in higher gasoline costs alone, it becomes pretty apparent that the Premier’s meager tax credits won’t come close to offsetting the higher costs under this new tax.” read more....>
THUNDER BAY CHAMBER SUCCESSFUL IN ADVANCING RESOURCE ISSUES 2010 AGM
THUNDER BAY, ON - May 5, 2010 - The Thunder Bay Chamber of Commerce is very pleased to announce that two key recommendations, which it brought to the 2010 Ontario Chambers of Commerce (OCC) AGM in Windsor over the weekend, were passed by the delegates. The resolution calling on the Provincial Government to withdraw the Far North Act immediately, and a resolution for the Province to permanently protect a minimum of 26 million cubic metres/year of available fibre (for utilization of existing mills and new entrants) were approved, and now become OCC policy. read more...>
ONTARIO GOVERNMENT RELEASES PROPOSED FOREST TENURE REFORM OPTIONS
THUNDER BAY, ON - April 30, 2010 - Today, the Province of Ontario released its proposal for changing the way Crown forest resources are to be licensed and allocated, who will manage the forest under the authority of the government, and how wood is priced and sold. read more...>
Lower Your Taxes Through Pension Income-Splitting
THUNDER BAY, ON - February 17, 2010 - In 2007, the federal government announced one of the biggest changes to tax law since the introduction of the RRSP. If you or your partner receives qualified pension income, the federal government’s pension income-splitting provisions could mean extra money in your pocket when you file your income tax returns. read more...>
Mayor Don Ness, bring Google Fiber to Duluth
Duluth MN --- February 14, 2010 ---- Mayor Don Ness is asking for the citizens of Duluth to support the city's request for Google Fiber to Duluth
Mayor Don Ness has indicated the City of Duluth’s intent to pursue a partnership with Google to bring fiber-to-home connections to city residents. Google plans to select a community to test ultra-high speed connections at more than a gigabit per second later this year through a competitive process.
The following is a statement from Mayor Ness on the city’s intent:
We want Duluth, Minnesota to be at the forefront of a new gigaband revolution in America. For America to be competitive into the future, we need to be aggressive at investing in our data infrastructure. Google's community initiative will be a powerful tool to demonstrate the importance of this investment. read more ...... >
Common Voice Northwest Presents Grow North Response to Minister
THUNDER BAY, ON - February 12, 2010 - After months of review by seven of their own Task Forces, four pan-northwestern organizations and their own Board of Directors, Common Voice Northwest today submitted a 172 page response to the proposed Growth Plan for Northern Ontario to Minister Michael Gravelle, cochair of the Grow North Cabinet Committee. read more...>
Lac Des Isles Mine Set to Re-open
THUNDER BAY, ON - January 21, 2010 - Bill Biggar Joined North American Palladium in October of 2008, and one of his first decisions was to close the Lac Des Isles mine north of Thunder Bay. At the time the prices of palladium the mines principal product had fallen with the down turn in the market and some creative selling of palladium on the world market by some Russian producers. Biggar calculates that the move to shut the mine down saved the company about $75M. His company went on to look for a mining resource that was still profitable during the downturn in palladium fortunes. They found what they were looking for when they purchased Cadiscor’s closed “Sleeping Giant” gold mine in Quebec. This mine has just re-opened to commercial production January 1st and will continue to diversify and add to the precious metal company’s revenues. read more...>
Matawa First Nations Chiefs attend Economic Forum
THUNDER BAY, ON - January 14, 2010 - Matawa First Nations Chiefs are in Thunder Bay this week to participate in the Chiefs of Ontario First Nations Economic Forum. Economic development remains a high priority for Matawa First Nations, as Chiefs seek new opportunities and partnerships. Chief Sonny Gagnon says; “The First Nations of Matawa Tribal Council are not against development, but we want to ensure communities benefit from all projects taking place in our territory. We have demonstrated that we are willing to work with responsible companies and support their projects, in exchange we want consideration of benefits for our communities directly”. read more...>
Dryden & Sioux Lookout public meetings to focus on NW cost of living, HST
THUNDER BAY, ON - January 14, 2009 – Member of Parliament Bruce Hyer (Thunder Bay – Superior North) will join Tania Cameron for Town Hall meetings in Dryden and Sioux Lookout this week. The Town Hall meetings will focus on the impact of the Harmonized Sales Tax (HST) throughout the Northwest, how the HST can still be stopped, and will provide residents with an opportunity to make their concerns known. read more...>
Ginoogaming Partners with KII for Longlac Wood Industries Project
THUNDER BAY, ONT- DECEMBER 18, 2009 - Ginoogaming First Nation is thrilled to announce a new partnership with Kenogami Industries Incorporated (KII). KII is a partnership between Rocky Shore Development Corporation of Ginoogaming First Nation, Boreal Resource Industries a group of private interests composed of former Longlac Wood Industries workers and other forest industry representatives and Greenstone Development Ltd., the economic development arm of the Municipality of Greenstone.
Anishinabek reject tax by cross-border shopping
THUNDER BAY, ON - December 17, 2009 - UOI OFFICES – Anishinabek Nation leaders predict that provincial retailers could feel the pinch if First Nations are included in the proposed "harmonization" of Ontario's eight-per-cent sales tax with the five-per-cent federal Goods and Services Tax. read more...>
Kenogami Industries Inc. buys Kruger Industries
THUNDER BAY, ON - December 15, 2009 - Kenogami Industries Incorporated is pleased to announce that they have purchased the assets of Kruger Industries in the community of Longlac that operated as Longlac Wood Industries. read more...>
Full Speed Ahead
THUNDER BAY, ON - November 10, 2009 - Michael Gravelle spoke passionately about the proposed growth plan for Northern Ontario at the Italian Cultural Centre last Monday Night. Born from the “Places to Grow” Act passed in 2005, a great deal of work has gone into creating a plan which will turn the tide on youth out-migration from our region, to a place with a stable modern economy. read more...>
Regional Chief says no to HST
SUDBURY -- October 24, 2009 – Serpent River First Nation and Lake Huron Regional Grand Chief, Isadore Day, Wiindawtegowinini is urging the federal government to take the Robinson Huron Treaty of 1850 into account when implementing the harmonized sales tax (HST) in Ontario and exempt them completely from the new tax.
“Our First Nations are being subject to a cash grab with this new tax regime and we are adamantly voicing the message; hands off, tax exemption is a treaty right.” read more....>
Thunder Bay Hydro Rates Increase on November 1
THUNDER BAY, ON –-- October 17, 2009 --- The Ontario Energy Board has released the electricity commodity prices that will take effect on November 1, 2009. The new Regulated Price Plan (RPP) tiered prices will increase by 0.1 cent per kilowatt hour (kWh) to: read more.....>
Magma Metals Spending Big Money on Thunder Bay North Project.
THUNDER BAY, ON ---- October 13, 2009 ---- Magma Metals an Australian Miner and explorer is spending big dollars on its Thunder Bay North Project. A prospector walking along the shores of Current Lake found a large angular boulder near the shore, and chipped away a sample for analysis. The results came back positive for the metals Platinum and Palladium, and there has been claim staking and ever increasing exploration in this area ever since. The initial stone chip was eight years ago, and now after over 50,000 meters of drilling the company has completed an initial resource estimate which is NI43-101 and JORC compliant. The exploration camp shown above is at Current Lake where the miners are doing infill drilling to convert inferred resources to indicated resources read more.....>
Ontario Continue First Nation Tax Exemption?
THUNDER BAY, ON --- May 5, 2010 --- First Nations in Ontario, represented by the Political Confederacy, and the Government of Ontario represented by Minister of Aboriginal Affairs Chris Bentley and Minister of Revenue John Wilkinson have entered into a Memorandum of Agreement. The agreement commits the parties to work together to realize the continuation of the First Nation point of sale tax exemption within the framework of the Harmonized Sales Tax (HST), which is set to come into effect on July 1, 2010.
Currently, First Nations in Ontario who are status Indians receive a point of sale tax exemption under the retail sales tax on the purchase of goods both on and off-reserve. However, because the HST will be administered by the federal government, unless something is done First Nations stand to lose the point of sale exemption for the purchase of goods off reserve. The federal government administers the HST in the same way they administer the Goods and Services Tax (GST), which means that off-reserve purchases of goods will only be exempt if they are delivered to the reserve by the vendor or the vendor's agent. read more....>
Discovering Ontario to cost 8 per cent more
TORONTO – May 20, 2010 --- Ontario families including those in Thunder Bay, should savour their last HST-free long-weekend, says Ontario NDP Leader Andrea Horwath.
“This coming May long-weekend is the last one that’s HST-free. Come July 1st, there certainly won’t be ‘no place like this’. In Dalton McGuinty’s Ontario, it’s going to cost eight per cent more to go for a weekend drive through the country or take the kids camping,” said Horwath.
“The McGuinty Liberals are making it more expensive to ‘Discover Ontario’.” read more ........ >
TBCC supports NAN counter-proposal
THUNDER BAY, ON --- June 11, 2010 --- The Thunder Bay Chamber of Commerce supports the counter-proposal offered by the Nishnawbe Aski Nation (NAN) today regarding the Ontario Hearings on Bill 191 dealing with the Far North Act.
“Given the incredible impact of this Act on future development of the North, we were very surprised to learn of the hastily proposed dates for hearings which followed its equally hasty movement through second reading”, stated Harold Wilson, President of the Chamber of Commerce.
“Our Chamber was successful in having our resolution requesting the immediate withdrawal of the Far North Act adopted as policy by the Ontario Chamber of Commerce at their AGM last month. Our Resolution referenced NAN’s resolution of July, 2009 requesting Bill 191’s immediate withdrawal. It is very surprising that when the latest consultation dates were announced, it was done without consultation,” concluded Wilson. read more.....>