Publication: Northern Ontario Business

First reported 5 hours ago - Updated 5 hours ago - 1 reports

Power program widened to include more sectors

The Ontario government is extending its Industrial Electricity Incentive Program and is opening it up to a wider variety of business sectors.The program helps companies cut electricity costs in return for building new production facilities or expanding ... [Published Northern Ontario Business - 5 hours ago]
First reported 5 hours ago - Updated 5 hours ago - 1 reports

Thunder Bay ponders legal route after bridge impasse wi...

The City of Thunder Bay is considering its legal options after reaching an impasse with CN Rail on reopening a vital dual purpose bridge between the city and Fort William First Nation.The James Street swing bridge, owned by CN, was damaged by fire last ... [Published Northern Ontario Business - 5 hours ago]
First reported 5 hours ago - Updated 5 hours ago - 1 reports

Wood cutlery maker eyes northwest partnerships

A British Columbia entrepreneur, who makes award-winning compostable wooden cutlery, said he wants to expand his presence in northwestern Ontario.Aspenware president Terry Bigsby sources poplar veneer from a First Nation-owned sawmill near Ear Falls and ... [Published Northern Ontario Business - 5 hours ago]
First reported 11 hours ago - Updated 9 hours ago - 1 reports

Toronto condo sales nearly double in June

Toronto’s condo market is showing no signs of slowing down, with new condo sales at 2,588 units in June, up 94 per cent from a year earlier.Condo sales were 19 per cent higher than the 10-year average, according to RealNet Canada, but prices were up just ... [Published Northern Ontario Business - 11 hours ago]
First reported 11 hours ago - Updated 11 hours ago - 1 reports

Inaugural tourism summit slated for November

Thunder Bay will host an inaugural summit that will examinehow to boost tourism in Northern Ontario during the winter months.From Nov. 19-21 stakeholders will gather for the first annulNorthern Ontario Tourism Summit, a joint initiative of Tourism Northern ... [Published Northern Ontario Business - 11 hours ago]
First reported Jul 22 2014 - Updated Jul 22 2014 - 1 reports

Sault call centre hiring

Massachusetts-headquartered Agero Inc. has said it will hire hundreds of new employees in 2014 across itsfour regional sites, including its Canadian call centre in Sault Ste. Marie.Agero provides vehicleand driver safety, security, and information services, ... [Published Northern Ontario Business - Jul 22 2014]
First reported Jul 22 2014 - Updated Jul 22 2014 - 1 reports

Forestry rep heading Timmins chamber

The new head of the board of directors for the Timmins Chamber of Commerce is a key player in the forestry industry.Al Thorne, who was elected president for the 2014-2015 year,is the chief forester for Tembec in Ontario.“The expertise and experience of ... [Published Northern Ontario Business - Jul 22 2014]
First reported Jul 22 2014 - Updated Jul 22 2014 - 1 reports

Documentary producer eyes the Ring of Fire

Lalita Krishna has no intention of following the same contrived script that’s evident in the mining reality shows currently being embraced by network television.The award-winning Toronto producer of television documentaries intends to drill down to the ... [Published Northern Ontario Business - Jul 22 2014]
First reported Jul 21 2014 - Updated Jul 22 2014 - 1 reports

Allergan cuts 1,500 jobs in bid to avert Valeant takeover

Botox maker Allergan will cut about 13 per cent of its workforce, or roughly 1,500 employees, as part of a push to become more efficient and productive.The Irvine, California, company also said Monday it plans to eliminate about 250 vacant positions in ... [Published Northern Ontario Business - Jul 21 2014]
First reported Jul 21 2014 - Updated Jul 22 2014 - 1 reports

Kerr Mines, San Gold Corp. plan merger

San Gold Corp. and Kerr Mines Inc. have entered an agreement to merge the two companies.Kerr Gold controlsa 26-kilometre-long section of the Cadillac-Larder Lake Break that straddlesthe Ontario-Quebec border, including the McGarry and Cheminis gold mines ... [Published Northern Ontario Business - Jul 21 2014]
First reported Jul 21 2014 - Updated Jul 21 2014 - 1 reports

Sioux Lookout gears up for growth

Vicki Blanchard, Sioux Lookout’s economic development manager, is an admitted “map freak.”When she started at her new position in early March with marching orders to make this town of 5,500 “investment ready” for development, Blanchard referred to her ... [Published Northern Ontario Business - Jul 21 2014]
First reported Jul 21 2014 - Updated Jul 21 2014 - 1 reports

Northern College digs in for new residence

Northern College has circled July 28 for an official groundbreaking ceremony for a new residence building at its Haileybury campus.The proposed four-storey building will provide lodgings for 64 students in 16 apartment-style units. Construction is scheduled ... [Published Northern Ontario Business - Jul 21 2014]

Quotes

"We can no longer tolerate unjustified attacks on Valeant's business and strongly believe we are obligated to take action to protect Valeant shareholders from Allergan's apparent attempts to mislead investors and manipulate the market for Valeant stock" Valeant CEO J Michael Pearson said in a statement
"In the last couple of decades," he says, "What we've seen is that worker wage demands have been radically restrained through anti-inflationary monetary policy. But that in effect has meant business now is sort of driving inflation processes and they are overwhelmingly the distributive winners from even the mild inflation we do have."
...And at least one analyst says that's warranted. Some companies, "tentatively continue to use BlackBerry till something better comes along and this maybe the push that they need to move over" technology analyst Daniel Bader told CBC this week
"Private investment is what separates developed countries from poorer countries" said Dachis, a senior policy analyst with the think-tank

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Wood cutlery maker eyes northwest partnerships [Published Northern Ontario Business - 5 hours ago]
Power program widened to include more sectors [Published Northern Ontario Business - 5 hours ago]
Thunder Bay ponders legal route after bridge im... [Published Northern Ontario Business - 5 hours ago]
Inaugural tourism summit slated for November [Published Northern Ontario Business - 11 hours ago]
Toronto condo sales nearly double in June [Published Northern Ontario Business - 11 hours ago]
Sault call centre hiring [Published Northern Ontario Business - Jul 22 2014]
Forestry rep heading Timmins chamber [Published Northern Ontario Business - Jul 22 2014]
Documentary producer eyes the Ring of Fire [Published Northern Ontario Business - Jul 22 2014]
Sioux Lookout gears up for growth [Published Northern Ontario Business - Jul 21 2014]
Kerr Mines, San Gold Corp. plan merger [Published Northern Ontario Business - Jul 21 2014]
Allergan cuts 1,500 jobs in bid to avert Valean... [Published Northern Ontario Business - Jul 21 2014]
Northern College digs in for new residence [Published Northern Ontario Business - Jul 21 2014]
Current inflation is killing off the Canadian m... [Published Northern Ontario Business - Jul 19 2014]
Hot home prices, Rebagliati's pot of gold and L... [Published Northern Ontario Business - Jul 18 2014]
Temiskaming gets waterfront money [Published Northern Ontario Business - Jul 18 2014]
Unsecured lenders accepted Essar Steel Algoma r... [Published Northern Ontario Business - Jul 18 2014]
MP asks for federal review of Ontera sale [Published Northern Ontario Business - Jul 17 2014]
North Shore First Nation wants hydro plant insi... [Published Northern Ontario Business - Jul 17 2014]
Dead money could put drag on Canadian growth, s... [Published Northern Ontario Business - Jul 17 2014]
Family discovers abandoned mine shaft in Sudbur... [Published Northern Ontario Business - Jul 17 2014]
Program trains Aboriginal women in mining [Published Northern Ontario Business - Jul 16 2014]
Essar reaches refinancing agreement [Published Northern Ontario Business - Jul 16 2014]
Manitoulin Transport gets ISO certification [Published Northern Ontario Business - Jul 16 2014]
Airbus, Boeing climb close to $100B in deals at... [Published Northern Ontario Business - Jul 16 2014]
New plan redefines tourism in Timmins [Published Northern Ontario Business - Jul 16 2014]
New First Nations housing standard better than ... [Published Northern Ontario Business - Jul 14 2014]
New engineering venture takes aim at Northern i... [Published Northern Ontario Business - Jul 14 2014]
Preventing, managing, and reso... [Published Northern Ontario Business - Jul 14 2014]
You asked for it [Published Northern Ontario Business - Jul 14 2014]
From the riverboat to the Bren... [Published Northern Ontario Business - Jul 14 2014]
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