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Nova Scotia withholds approval, seeks more information on pulp mill plan – CTV News

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HALIFAX —
Nova Scotia’s environment minister is withholding approval of a pulp mill’s controversial proposal to pump 85 million litres of treated effluent daily into the Northumberland Strait.

Gordon Wilson says the province doesn’t have enough information to determine if Northern Pulp’s project will harm the environment, and the company can’t move forward until it files a full environmental assessment report.

In an announcement today, the minister said the new information is required to properly assess whether the plan for a new effluent treatment plant and 15-kilometre pipeline near Pictou, N.S. will harm human health, fish, air or water resources.

Northern Pulp’s plan has faced stiff opposition from the Pictou Landing First Nation, environmental groups and fishermen from across the Maritimes.

It remains unclear what will happen to the mill because it is facing a legislated deadline to stop dumping its effluent into lagoons at Boat Harbour near Pictou Landing by Jan. 31.

The company has said it will close the mill, eliminating 300 jobs, unless the provincial government grants an extension to that deadline.

The mill supports thousands of additional jobs in the province’s forestry sector.

Wilson says Northern Pulp has up to two years to submit the environmental assessment.

This report by The Canadian Press was first published Dec. 17, 2019.

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Delays to Canada's deliveries of Pfizer-BioNTech vaccine doses keep getting worse – CP24 Toronto's Breaking News

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  1. Delays to Canada’s deliveries of Pfizer-BioNTech vaccine doses keep getting worse  CP24 Toronto’s Breaking News
  2. Quebec vaccine plan may be rethought after troubling Israeli data, says provincial advisor  CTV News Montreal
  3. Canada won’t receive any Pfizer shots next week — here’s what you need to know about the vaccination campaign  CBC.ca
  4. Dr. Bonnie Henry: B.C. is maximizing the benefit of the limited COVID-19 vaccine supply  Vancouver Sun
  5. Opinion: Canadians’ outrage over vaccine delays is misguided – not to mention entitled  The Globe and Mail
  6. View Full coverage on Google News



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More than 220,000 businesses may disappear due to COVID-19: CFIB – Yahoo Canada Finance

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The Canadian Press

Nova Scotia working on legislation to regulate sale of used police vehicles

HALIFAX — Nova Scotia is drafting legislation around the sale of used police vehicles and equipment, after a man driving a replica RCMP cruiser killed 22 people last April. Justice Minister Mark Furey told reporters following a cabinet meeting Thursday the legislation will regulate how police vehicles are decommissioned, which will include, he said, ensuring they are stripped of equipment and decals. “We are certainly aware of the previous circumstances and the most recent circumstances,” Furey said. The minister made the comments a day after the Mounties said a 23-year-old suspect from Antigonish, N.S., may have driven a vehicle that looked like an unmarked police car and pulled over drivers. The vehicle in question, a white 2013 Ford Taurus, is similar to the car Gabriel Wortman used during his 13-hour, deadly rampage in northern and central Nova Scotia on April 18-19, 2020. Furey noted that under current law it’s illegal to impersonate a police officer. “When it comes to police articles and decommissioned police vehicles there is certainly some work to do to fine-tune that legislation and the ability to mitigate and prevent, as best we can, access to this equipment that is used to mock-up police vehicles.” he said. Furey said there are no plans to ban the sale of decommissioned police vehicles despite calls by the Opposition Progressive Conservatives to prohibit those sales. He said RCMP and municipal police services have been consulted and are in support of the government’s draft legislation. Furey is recommending the Liberal government table a bill during the next sitting of the legislature. This report by The Canadian Press was first published Jan. 21, 2021. The Canadian Press

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Macklem says Canadian economy has strong stimulus for now – BNN

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Bank of Canada Governor Tiff Macklem said the nation’s economy is flush enough with stimulus to survive the current downturn and doesn’t need additional help from monetary policy.

In an interview with Bloomberg News after a rate decision on Wednesday, Macklem said policy makers considered whether more measures were needed to spur growth — including a micro-cut of their 0.25 per centt overnight policy rate — but determined that “we have a considerable amount of stimulus in place.” The bank is expecting a quick recovery from a first-quarter contraction, a scenario that would eventually require it to pare back asset purchases.

“If the economy plays out in line or stronger with our outlook, then the economy is not going to need as much quantitative easing stimulus over time,” Macklem said. While the central bank has a number of tools it can use if needed to add stimulus, “in our base case we don’t expect that we will need to use them.”

In Wednesday’s decision, the central bank expressed optimism the economy remains on track to fully repair damage from the pandemic by 2023, even as Canada struggles with a wave of new COVID-19 cases and lockdowns right now.

Some analysts had speculated the central bank could turn bearish this week, with a fresh cut to shore up a recovery that is being hampered by a strengthening currency, on top of the worsening pandemic.

In the interview, Macklem said that the stabilization of financial markets has made a small rate cut a viable option, if needed.

“We discussed the degree of monetary stimulus we need, and if we thought we needed more, a micro cut was among the things we could do,” Macklem said by video conference. The bank’s governing council determined it wasn’t necessary, he said.

To be sure, there’s no prospect of any quick withdrawal of stimulus either.

At a separate press conference Wednesday, Macklem said any slowing of the QE program would be gradual. Nor is the the Bank of Canada poised to raise borrowing costs. It’s pledged not to hike its policy rate until economic slack has been fully absorbed, something not expected to happen until 2023.

There are other concerns. With inflation hovering below 1%, Macklem said the central bank is more worried about deflationary pressures than any temporary overshoot of its 2% target.

“We are aiming for 2% but we are going to use the band and we are going to use the risk management framework to get there as quickly as possible,” he said.

The weakening U.S. dollar is another challenge, with any further broad-based depreciation a potential headwind.

“To the extent that is weighing on our forecast and dampening growth in Canada, everything else equal, we’d need more monetary stimulus to get back to our inflation target,” the central banker said.

©2021 Bloomberg L.P.

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