It has been a really busy few days when it comes to economical intelligence affecting northern Ontario. Here is a quick summary of stories:
Well, the softwood lumber dispute is back. Just every bit the manufacture inwards northern Ontario was get-go to recover from the woods sector crisis, at that topographic point is going to move a tariff on softwood lumber. The rates evidently hit from 3% to 24%. Resolute is facing a 12.82 pct tariff alongside other producers inwards northern Ontario evidently getting the blanket tariff of 19.88 percent.
Canada vows to struggle 'unfair together with punitive duty' every bit Trump slaps tariff on softwood lumber. Financial Post. Apr 25th, 2017.
Ontario is launching its basic income airplane pilot projection together with the northern Ontario metropolis selected to participate is Thunder Bay (along alongside Lindsay together with Hamilton) where near 1,000 households volition move selected to participate. According to the intelligence item reported here: "A unmarried individual could have upward to near $17,000 a year, minus one-half of whatsoever income he or she earns. A duad could have upward to $24,000 per year. People alongside disabilities could have upward to $6,000 to a greater extent than per year."
Ontario basic income airplane pilot to launch inwards Hamilton, Lindsay together with Thunder Bay. CBC News, Apr 24, 2017.
I would imagine that none of the Thunder Bay recipients basic income volition move residents of the novel housing evolution approved yesteryear Thunder Bay City council this week. H5N1 49 lot section was approved that actually is a will to urban sprawl together with an illustration of piteous long-term fiscal planning given the costs of servicing the infrastructure. Ultimately a iii kilometer sewer delineate volition take away maintain to move extended from Parkdale to the novel subdivision. That is a long sewer delineate to seat through really depression urban density areas.
Maplewood Estates expansion approved yesteryear Thunder Bay metropolis council. CBC News, Thunder Bay, Apr 25th, 2017.
In other intelligence only about the north.
New flying preparation pump could practice upward to 150 jobs inwards Sudbury. Northern Ontario Business. Apr 18th, 2017.
Ontario Supporting Craft Brewery Expansion inwards Sault Ste. Marie. Ontario.ca, Apr 21st, 2017.
City pleads the require for Essar's taxation money. Sault Star. Apr 19th, 2017.
Some contestation even then inwards North Bay regarding a novel casino project.
Casino risky for economy. Nugget.ca., Apr 20th, 2017.
Is assistance on the agency for northern Ontario from the federal government? Apparently: "The federal government is working to attract jobs together with qualified people to Northern Ontario inwards an endeavour to plough only about the loss of population – peculiarly immature people – according to the federal government minister of Innovation, Science together with Economic Development."
"All-hands on deck" needed to opposite trend-minister. Nugget.ca. Apr 20th, 2017. It was non just specified if the send was heading into stormy waters or was sinking together with needed to move abandoned.
And remember, Th is budget twenty-four hr menstruum inwards Ontario. For my accept on what to expect? See this.
Have a bully week.
