Business

Brad Trivers, a former Minister of Environment, raised the issue of saltwater intrusion on the province’s groundwater from coastal areas due to erosion. – Stu Neatby

Former P.E.I. environment minister raises risks of saltwater getting into drinking water

Brad Trivers says his constituents are worried about the effect that coastal erosion could have on their drinking water. Trivers, a Progressive Conservative MLA for Rustico-Emerald and a former minister of environment, raised questions about the ...

Updated 8 hours ago |4 min read

Prices at the Pumps: An up and down week at the pumps

Updated a day ago |1 min read

Lack of investment is a 'big part' of Canada's productivity slowdown — and it could get worse

Updated a day ago |5 min read

"Our lagging productivity and stalled GDP growth mean Canadians are becoming collectively poorer and working harder to just remain where they are today," Perrin Beatty, chief executive of the Canadian Chamber of Commerce, said following the release of budget 2024.

Crab deal will pay dividends this year and pave way for longer-term stability, says union president

Updated a day ago |7 min read

Cultural care: New long-term care facility opens in Eskasoni

Updated 9 hours ago |8 min read

Exclusive-JPMorgan dealmakers Lipsky and Lee are leaving the bank, sources say

Updated 4 minutes ago |1 min read

Signage at the Netflix booth is seen on the convention floor at Comic-Con International in San Diego, California, U.S., July 21, 2022.

Netflix crushes subscriber forecasts for a second straight quarter

Dawn Chmielewski, Lisa Richwine |Updated 1 minutes ago |2 min read

By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) - Netflix blew past Wall Street expectations for the second straight quarter on Thursday as ad-supported streaming plans helped bring in 9.3 million new customers, nearly double the ...

Bank of Japan Governor Kazuo Ueda gestures as he speaks during a press conference after a policy meeting at BOJ headquarters, in Tokyo, Japan March 19, 2024.

BOJ's Ueda signals chance of rate hike if weak yen boosts inflation

Leika Kihara |Updated 23 minutes ago |2 min read

By Leika Kihara WASHINGTON (Reuters) -Bank of Japan Governor Kazuo Ueda said on Thursday the central bank may raise interest rates again if the yen's declines significantly push up domestic inflation. "There's a possibility the weak yen could push up ...

$The Office of the Fire Marshal issued an order to vacate for the upper units of this home on Charlotte Street in Sydney earlier this month due to fire code infractions and safety concerns. NICOLE SULLIVAN/CAPE BRETON POST$

Cape Breton tenants ordered to vacate rental due to fire code violations

Nicole Sullivan · Multi-media journalist |Updated 36 minutes ago |4 min read

Tenants of a Sydney rental unit were ordered to vacate immediately after a fire marshal inspection on April 3 found violations of the Nova Scotia Fire Safety Act. A source who knows the property and tenants told the Cape Breton Post eight Cape Breton ...

Sabrina Vatcher, the chief executive officer of YMCA Cape Breton, stands by a construction fence outside of the Frank Rudderham Family YMCA on Charlotte Street. The YMCA is one of several downtown businesses that will have to contend with the interruptions coming from the street's redevelopment work this year, but Vatcher says the YMCA and Cape Breton Regional Municipality have arrangements in place to keep things running as smoothly as possible for at least the next four months. LUKE DYMENT/CAPE BRETON POST

Charlotte Street businesses brace for final round of downtown Sydney redevelopment

Luke Dyment |Updated 40 minutes ago |11 min read

It’s time for the final group of shops, bars and restaurants on Charlotte Street to endure several weeks of construction in front of their storefronts. Some will have to deal with the problem of drawing downtown visitors to an uninviting-looking ...

U.S. Dollar banknotes are seen in this illustration taken July 17, 2022.

US creditors push back against some creative funding trades, Moody's says

Shankar Ramakrishnan |Updated 44 minutes ago |2 min read

By Shankar Ramakrishnan (Reuters) - Lenders are starting to ask for extra protection in junk-rated corporate loans to damp down on a growing practice among some stressed companies to engage in a creative financing technique that allowed them to ...

Google consolidates its DeepMind and Research teams amid AI push

Reuters |Updated 1 hour ago |2 min read

(Reuters) - Alphabet-owned Google said on Thursday it would consolidate teams that focus on building artificial intelligence models across its Research and DeepMind divisions in its latest push to develop its AI portfolio. Google will relocate ...

East Coast Credit Union assets hit $1.3 billion in 2023

Atlantic Briefs Desk |Updated 1 hour ago |1 min read

A Nova Scotia Credit Union celebrating its 90th year serving members in 2023 ended the fiscal year with assets reaching more than $1.3 billion. East Coast Credit Union, which operates 20 branches between Cape Breton and Bridgewater, grew to 43,465 ...

Brazil's Minister of Finance Fernando Haddad speaks during the G20 Finance Ministers and Central Banks Governors' meeting, in Sao Paulo, Brazil, February 29, 2024.

G20 economies adjusting to delays in Fed rate cut, Brazil's finance chief says

Reuters |Updated 3 minutes ago |2 min read

By Marcela Ayres WASHINGTON (Reuters) -G20 finance ministers and central bank governors are adjusting to expectations for a later start to U.S. interest rate cuts, which has caused a worldwide asset repricing and increased the urgency for debates on ...

US Congress moves ahead on bill to push TikTok's Chinese owner to sell

Moira Warburton |Updated 2 hours ago |2 min read

By Moira Warburton WASHINGTON (Reuters) - An effort to force TikTok's Chinese owner, ByteDance, to sell the social media app or face a ban in the U.S. was gaining steam in Congress on Thursday, with the House of Representatives setting a vote for ...

A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 19, 2021.

Wall Street steered billions to blacklisted Chinese companies: probe, WSJ reports

Reuters |Updated 2 hours ago |1 min read

(Reuters) - A congressional investigation found that Wall Street used billions of dollars of American retirement savings and other investments to buy shares in index funds that included several blacklisted Chinese companies, the Wall Street ...