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1-10 results from 1000 for query «budget»

December 15, 2018 3:21 AM Davie warns of shipbuilding strategy ‘disaster’ as Coast Guard icebreaker delivered

“We’re ready to help. We’ve got the capacity,” Boisvert said. Davie, he said, “could build in parallel six massive ships. The two other shipyards, Seaspan (in Vancouver) and Irving (in Halifax) they can only do one at a time. So, sincerely, that national strategy might become a bit of a disaster if we’re not leveraged properly.” The comments cast a cloud 8

December 12, 2018 2:30 PM New Tory government in New Brunswick dramatically scales back capital spending

FREDERICTON—New Brunswick’s Progressive Conservative government has tabled a $600-million capital budget that dramatically turns away from the big spending of the previous Liberal government. Finance Minister Ernie Steeves says hard decisions are needed now about what the government can afford if the province is to return to balanced budgets by 2020 or sooner 7

December 5, 2018 3:19 PM Oilsands firm Canadian Natural cuts $1 billion from budget due to low oil price

CALGARY—Oilsands producer Canadian Natural Resources is setting its 2019 capital budget at $1-billion less than its “normalized” range but says it will ramp up spending if heavily discounted oil prices in Western Canada rebound. The Calgary-based company says it is targeting a 2019 base capital program of $3.7 billion, about 20 per cent below its preferred 13

December 2, 2018 9:01 PM Disney’s ‘Ralph Breaks the Internet’ smashes box office again

The movie still has a ways to go before it will make back its budget. “Ralph Breaks the Internet” cost $175 million to produce — before marketing costs — according to Box Office Mojo. The movie opened in the U.K. this weekend and will continue its global rollout later this month and into next year. The only new wide release of the weekend was the Sony Pictures 17

November 22, 2018 3:17 PM Canadian banks using in-house hackers to improve and test cybersecurity

New regulations that require Canadian businesses to alert their customers about privacy breaches or face hefty fines took effect at the beginning of this month. In May, the Bank of Montreal and the Canadian Imperial Bank of Commerce’s Simplii Financial digital banking brand said thousands of their customers may have had their personal and financial data compromised 15

November 21, 2018 11:24 PM What Canadian business is saying about Trudeau’s mini-budget

Canadian business was the focus of Prime Minister Justin Trudeau’s federal budget update Wednesday that outlined $16.5 billion worth of new support over six years, including $14 billion in tax breaks on new investment. The fiscal update—the most extensive set of revised projections outside the annual budget—came amid widespread calls to address the country’s 20

November 21, 2018 9:30 PM Morneau focuses on increasing investment in Canada

— Overall, new measures over the next five years will cost the federal treasury $17.1 billion, with almost a third of that coming in the 2019-20 fiscal year in order to boost investment in Canada. — Deficits won’t start to decline until 2021-22. In this fiscal year, Ottawa expects to be $18.1 billion in the hole, and the deficit will actually increase 17

November 17, 2018 12:36 AM Ottawa to deliver competitive boost for Canadian companies

He said soft oil prices have created a “new headwind” for the Canadian economy. Markets, he said, are watching closely for Morneau’s response “to the competitive challenges posed by last year’s U.S. tax reforms,” particularly a made-in-Canada capital investment boost. “If Morneau delivers on that hope, some will see it as a new tailwind for a Canadian 14

November 16, 2018 8:15 PM AGO campaign to buy an Infinity Room is half over — but they’re not panicking yet

The Art Gallery of Ontario’s crowdfunding drive to buy one of Yayoi Kusama’s famous Infinity Rooms is half over, but so far they’ve only reached 25 per cent of the goal. The ambitious campaign, which asks donors to contribute towards a total of $1.3 million over 30 days, is the first of its kind in the gallery’s recent history. The AGO has already secured 16

November 7, 2018 6:41 PM Oprah’s holiday gift guide is all her favourites, plus cheaper options

It’s the most wonderful time of the year — Oprah Winfrey has released her annual list of her favourite things, and it’s her longest list ever, clocking in at 107 gifts. The annual list, which returns for its 22nd year, will be featured in the December issue of O, The Oprah Magazine, on newsstands nationwide Nov. 20. Ranging from $15 (a bottle of spicy 26