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BUSINESS INSIDER



Thurs Apr 12, 2012  

New BBI chief keen about construction sector opportunities

MICHAEL WYSE, newly appointed chief executive officer of the Black Business Initiative, took a deep breath and paused for a moment Wednesday before outlining what the organization will be up to this year.

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First-contract consultation just window dressing, groups say

The Nova Scotia government sent draft legislation for a controversial labour bill to cabinet before consulting with business and employer organizations, according to documents obtained by those groups under the Freedom of Information Act.

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Apartment construction boom hits Halifax, CMHC says

The Halifax region is in the midst of one of its biggest booms in apartment building construction in 40 years.

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Delta to get off the ground in Halifax again

Delta Air Lines will resume service from Halifax Stanfield International Airport to three U.S. destinations beginning May 26.

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UARB to hear developers full appeal

The Nova Scotia Utility and Review Board has turned down an application by Halifax Regional Municipality to limit the scope of a developers appeal.

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Venture comes up with pearl of idea

A grassroots business venture is blossoming thanks to a heavy-hitting retail partner.

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Valcourt: ACOA will continue key role

The Atlantic Canada Opportunities Agency will continue to play a key role encouraging renewable energy research and development in the region despite recent funding cuts, says the minister responsible for the agency.

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Contract talks continue at shipyard

Negotiations on a new collective agreement for Halifax Shipyard workers are continuing and are not in jeopardy of collapse, the union's lead negotiator said Wednesday.

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5,500 public servants get layoff notices

OTTAWA A second round of major cuts to the public sector is slicing off the hands that serve the public and the heads that serve the federal government.

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Cautious optimism in Strait area

Reports that employees of a shuttered Point Tupper paper mill are mulling over a contract offer have buoyed the Strait-area business community.

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E-trader faces music on Wall Street; Groupon still doesn't

Every now and then, something so ridiculous happens on Wall Street that all one can really do is just sit back and laugh. OK, most days something ridiculous happens on Wall Street, but usually it is not such a laughing matter (for me, at least).

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Wind plan sparks activity

HALLS HARBOUR A proposed large-scale wind farm on North Mountain in Kings County is raising concerns among residents just as council is reviewing its regulations governing such developments.

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Shear Wind project gets OK

Another Alberta project for Shear Wind Inc. is forging ahead.

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Questions linger about whole-tree cutting

Six months after the Natural Resources Department promised to axe whole-tree harvesting there are still questions and concerns about what's being done to put plans into action.

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Smart use of data can help industry, venture capitalist says

Intelligent infrastructure.

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NSP: Backup will cost $8.4m

Nova Scotia Power needs $8.4 million in backup.

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Province ups rebate for first-time homebuyers to $3,000

Buying a newly constructed home will be easier for first-time homebuyers in Nova Scotia.

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Stanfields wins Correctional Service contract

Canada's most famous underwear maker has won a $1.259-million contract to supply fabric to the Correctional Service of Canada.

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Defence department to axe 62 jobs in N.S.

Sixty-two civilians with the Department of National Defence in Nova Scotia found out Wednesday that their jobs are likely being cut as a result of last week's federal budget.

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CBC production studio, building expansion nixed

OTTAWA There will be fewer staff and more ads for CBC as the public broadcaster seeks to cut millions in spending following last week's federal budget.

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ACOA job cuts to include 16 in Nova Scotia, sources say

OTTAWA The Atlantic Canada Opportunities Agency will eliminate 65 positions across the country, including 16 in Nova Scotia, The Chronicle Herald has learned.

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Boycott pitched to lower gas prices

A Timberlea businessman is urging drivers to boycott two of the country's biggest oil companies in an attempt to bring down the price of gasoline.

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Empire takes Imax screen to Toronto area

Nova Scotia-based Empire Theatres is adding an Imax screen to one of the busiest theatre corridors in the Toronto market.

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Clarke invests in future plans

Redeeming $18 million worth of convertible debentures gives aggressive Halifax investment company Clarke Inc. elbow room to make more future investments, the company's vice-president says.

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Nova Scotia wind energy firms join forces

The winds of change have blown through two Nova Scotia wind project developers.

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Cyclists challenged to put cash where their favoured routes are

Cyclists lobbying for a bicycle corridor along Agricola Street say they're more than just commuters, they're consumers too.

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No cheering at Yahoo as Web firm announces layoffs

SAN FRANCISCO Yahoo said Wednesday it would lay off 2,000 employees, or about 14 per cent of its workforce, as part of a broader restructuring effort.

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Halifax biotech firms get results in U.S.

They may be based in Canada but two Halifax-headquartered biotechnology companies have announced breakthroughs in the United States.

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Cellphone users opt for texts over talk

MONTREAL Cellphone users are doing less talking and more texting, emailing and Internet surfing on their devices, habits that are being driven by the increased use of smartphones, says a report.

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Fired executive's wrongful dismissal suit starts

A long-awaited wrongful dismissal suit against CIBC World Markets Inc. got underway Wednesday in Nova Scotia Supreme Court.

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Bernanke hopelessly, and dangerously, devoted to Keynesian model

While Ben Bernanke may say his mentor has always been Stanley Fischer, here at IceCap we are able to see through this charade. Mr. Bernanke's inspiration has always and will always be the 1978 cinema classic - Grease.

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Suncor Energy charged after drilling spill

ST. JOHN'S, N.L. Suncor Energy faces three federal charges relating to a reported spill of synthetic-based mud from an offshore drilling rig last year off Newfoundland.

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CanJet and Boeing ink gear exchange deal

CanJet Airlines of Halifax has become the first Canadian customer for a Boeing landing gear exchange program.

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This week's gas price prediction

We're predicting the URB will increase the price of gasoline by 1 cent a litre on Friday. That would make the price in Halifax $1.439 a litre for self-service regular unleaded.

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No Herald Insider on Friday

There won't be a Herald Insider on Friday because of the holiday.

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Tue, Apr 03, 2012 07:46:36 PM ATL View as webpage

Steele: Balanced budget one year away

Tuesday's provincial budget had few surprises for this fiscal year but had an eye to the future economic promise of the huge federal shipbuilding contract and a coming election.

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Budget balance keyed to variables

Finance Minister Graham Steele may have exuded optimism about the government's ability to get back to balance as he tabled Tuesday's provincial budget.

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HST cut down the road, but election may not be

The NDP government set the table for an early election by presenting a spring budget Tuesday that focuses on an HST cut that is two years away.

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N.S. office in Ottawa shuts as Casey exits

OTTAWA Nova Scotia's embassy in the national capital is closing up shop.

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Slow growth impacts province

Nova Scotia's sputtering economy is hurting the coffers of provincial Crown corporations, according to budget documents unveiled Tuesday.

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N.S. business 'supportive' of budget

Tuesday's provincial budget was met with generally positive reviews from the Nova Scotia business community.

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Health budget up slightly

District health authorities have had to make cuts but Tuesday's budget shows they'll get as much money from the province as they did last year.

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Budget's university assistance pleases students

The executive director of the Alliance of Nova Scotia Student Associations said he was pleasantly surprised with the announcement of new student aid in Tuesday's provincial budget.

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Schools slam funding cuts

The provincial budget brings funding per student to an all-time high, but school board officials say it isn't enough to avoid impacts on the classroom.

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NDP wise to downplay offshore royalties

Successive Nova Scotia governments have relied upon it as a key revenue source, but now the royalties collected from the Sable energy project since 2001 are about to drop off a cliff.

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Steele promises to work with 'all Nova Scotians in forestry'

The provincial government and forestry stakeholders continue to discuss ways to prop up the struggling industry.

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Rating agency eyeing Emera, NSP

Government-mandated renewable energy investments are driving Standard & Poor's revised credit rating outlook for Emera Inc. and its subsidiary Nova Scotia Power Inc., says Emera president and CEO Chris Huskilson.

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Shares in Merrex plummet as gold project closes amid political unrest

Shares in Merrex Gold Inc. dipped by 16 per cent after a coup in Mali forced the closure of the Halifax exploration companys Siribaya gold project.

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Danny Williams blasts board over Muskrat Falls review

ST. JOHN'S, N.L. The Newfoundland and Labrador Public Utilities Board showed bias when it issued an inconclusive report on the Muskrat Falls hydroelectric megaproject, former premier Danny Williams charged Tuesday.

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RIM faces lawsuit, eyes sharing secure network

WATERLOO, Ont. Shares in Research in Motion were down almost 10 per cent Tuesday amid news that BlackBerry maker is being sued by a Dutch chipmaker for alleged patent infringement involving some of its smartphones.

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Environment safe under new rules

Streamlining regulatory processes for energy projects won't compromise the environment, says federal Natural Resources Minister Joe Oliver.

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DHX sells math show to international broadcasters

Youth of the sixties did the Monster Mash and now it's time for preschoolers to do monster math.

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Smart meters take payments through wireless connections

From smartphones to credit cards, the way we pay is an ever-evolving industry and a Nova Scotia parking meter manufacturer is happy to be at the forefront of the sector.

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Judge to hear rig accident lawsuit case

A Nova Scotia man seriously injured in a Saskatchewan rig accident will see his case against companies that tested and repaired equipment that punctured his skull tried by a judge as it was too complex for a jury.

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