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Connecting Residents and Businesses to the Digital Economy in Lambton County – Government of Ontario News

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Faster, reliable internet will create jobs and opportunities in rural and remote Ontario

(Watford, ON) – Ontario is delivering on its commitment to create even more economic and educational opportunities in rural, remote and underserved areas of the province through an improved, modern broadband network in Southwestern Ontario. The province announced that Brooke Telecom has been contracted to bring reliable internet to Lambton County.

Parliamentary Assistant Randy Pettapiece, on behalf of Ernie Hardeman, Minister of Agriculture, Food and Rural Affairs, along with Monte McNaughton, MPP for Lambton-Kent-Middlesex and Bob Bailey, MPP for Sarnia-Lambton were in Watford, Ontario today to make the announcement.

The contract, awarded by Southwestern Integrated Fibre Technology (SWIFT), is the latest step in the expansion of broadband internet access in Southwestern Ontario.

Brooke Telecom will implement a fibre-to-the-home project, consisting of 149.5 kilometres of fibre to service 536 premises, just east of Petrolia. The project will invest $5.8 million in broadband infrastructure, including funding from federal, provincial and municipal governments. Construction on the infrastructure is expected to begin in April 2021, with completion by December 2022.

PA Pettapiece and MPP McNaughton also visited Kettle and Stony Point First Nation to announce that internet service provider, Execulink, has begun construction. This jointly-funded project totaling $2.7 million will see 35 kilometres of fibre optic cable installed and will bring broadband service to the First Nation community. Construction is expected to be completed by December 2020. Combined, these two projects are worth up to $8.5 million and will result in 185 kilometres of fibre optic cable being laid, giving broadband access to more than 1,500 homes and businesses in Lambton County.

“In our first mandate, we invested to connect nearly 400,000 households by 2023 through the Connect to Innovate program; more ambitious than any other government,” said the Honourable Maryam Monsef, Minister of Women and Gender Equality and Rural Economic Development. “Work is underway every day and in the next 18 months, we will connect 250,000 of these households. Our plan is working because we are working with our partners at the community level. We are about to open new calls for proposals to connect 100% of Canada’s communities to reliable, quality internet access. Our number one goal over the coming months will be supporting high quality plans and applications from every community who needs better access. Together, with partners like those involved here in Lambton County, we will achieve universal internet access so that geography does not determine any Canadian’s access to this essential service. Congratulations to hardworking local MPs and all involved!”

“For too long connecting rural communities with high-speed internet hasn’t been treated with enough urgency — our government has changed that,” said Monte McNaughton, MPP for Lambton-Kent-Middlesex. “Improving connectivity for homes and businesses is critical for people to participate effectively in this highly competitive global economy.”

“In the past few months we’ve seen how important it is for individuals, families, and businesses to be able to connect online through reliable, high speed internet connections,” said Bob Bailey, MPP for Sarnia-Lambton. “Today’s announcement is another positive step toward the goal of expanding internet access in underserved areas of rural Southwestern Ontario and will help to retain and attract families and businesses to Lambton County.”

“This project will have a very positive impact in additional areas of Lambton County,” said Bill Weber, Lambton County Warden and SWIFT Board Member. “We are pleased to have been able to provide the additional funding to make this project happen in partnership with SWIFT and Brooke Telecom as we move a step closer to closing the connectivity gap in the province.”

“The advancement of this project with the support of many great new relationships, allows Kettle and Stony Point First Nation the opportunity to continue to thrive and grow. The boost in educational and economic impacts from this investment will be felt for years to come.” – Chippewas of Kettle and Stony Point Chief Jason Henry.

The Ontario government recognizes how important rural broadband access is for individuals, families and businesses. Work continues to bridge the gaps in broadband access in Southwestern Ontario, as part of a combined $190 million investment to bring fast, reliable internet to thousands of homes and businesses.

Creating more ways to strengthen rural economies is part of the government’s plan to build Ontario together. Reliable and affordable broadband internet will allow communities to attract new development, strengthen local economies and create more well-paying jobs and opportunities in rural Ontario.

Quick Facts

  • SWIFT Inc. is a not-for-profit corporation initiated by the Western Ontario Wardens’ Caucus to address connectivity in Southwestern Ontario that will support the critical expansion of broadband to underserved areas.
  • The Ontario government’s Broadband and Cellular Action Plan is expected to generate up to $1 billion in total investment over five years, resulting in new connections for up to 220,000 homes and businesses. This will lead to community, social and economic benefits well beyond the provincial investment.
  • The Ontario government will continue to expand access to broadband and cellular service through the Improving Connectivity for Ontario program (ICON). This multi-year program aims to support approved projects as early as 2021.

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S&P/TSX composite gains almost 100 points, U.S. stock markets also higher

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TORONTO – Strength in the base metal and technology sectors helped Canada’s main stock index gain almost 100 points on Friday, while U.S. stock markets also climbed higher.

The S&P/TSX composite index closed up 93.51 points at 23,568.65.

In New York, the Dow Jones industrial average was up 297.01 points at 41,393.78. The S&P 500 index was up 30.26 points at 5,626.02, while the Nasdaq composite was up 114.30 points at 17,683.98.

The Canadian dollar traded for 73.61 cents US compared with 73.58 cents US on Thursday.

The October crude oil contract was down 32 cents at US$68.65 per barrel and the October natural gas contract was down five cents at US$2.31 per mmBTU.

The December gold contract was up US$30.10 at US$2,610.70 an ounce and the December copper contract was up four cents US$4.24 a pound.

This report by The Canadian Press was first published Sept. 13, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

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Economy

Statistics Canada reports wholesale sales higher in July

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OTTAWA – Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.4 per cent to $82.7 billion in July.

The increase came as sales in the miscellaneous subsector gained three per cent to reach $10.5 billion in July, helped by strength in the agriculture supplies industry group, which rose 9.2 per cent.

The food, beverage and tobacco subsector added 1.7 per cent to total $15 billion in July.

The personal and household goods subsector fell 2.5 per cent to $12.1 billion.

In volume terms, overall wholesale sales rose 0.5 per cent in July.

Statistics Canada started including oilseed and grain as well as the petroleum and petroleum products subsector as part of wholesale trade last year, but is excluding the data from monthly analysis until there is enough historical data.

This report by The Canadian Press was first published Sept. 13, 2024.

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S&P/TSX composite up more than 150 points, U.S. stock markets mixed

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TORONTO – Canada’s main stock index was up more than 150 points in late-morning trading, helped by strength in the base metal and energy sectors, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 172.18 points at 23,383.35.

In New York, the Dow Jones industrial average was down 34.99 points at 40,826.72. The S&P 500 index was up 10.56 points at 5,564.69, while the Nasdaq composite was up 74.84 points at 17,470.37.

The Canadian dollar traded for 73.55 cents US compared with 73.59 cents US on Wednesday.

The October crude oil contract was up $2.00 at US$69.31 per barrel and the October natural gas contract was up five cents at US$2.32 per mmBTU.

The December gold contract was up US$40.00 at US$2,582.40 an ounce and the December copper contract was up six cents at US$4.20 a pound.

This report by The Canadian Press was first published Sept. 12, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

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