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Party leaders pledge support for tourism, economy as N.B. election campaign continues – Powell River Peak

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FREDERICTON — Three of New Brunswick’s party leaders are campaigning in the northeast of the province Saturday, as the second week of the election campaign wrapped up with more promises to support local tourism and economic growth.

Progressive Conservative Leader Blaine Higgs was in Tracadie-Sheila, where he pledged backing for the Veloroute cycling trail in the Acadian Peninsula and the province’s tourism industry more generally.

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“Our government understands that tourism is a significant part of our economy throughout our province and especially in this region,” Higgs told reporters.

He pointed to a recent promise to renew a tourism rebate for New Brunswickers who vacation locally during the COVID-19 pandemic until the end of March 2021 as evidence of the Tories’ support for the struggling industry.

“This extension will allow winter tourism operators to benefit the way our summer operators have,” Higgs said.

Liberal Leader Kevin Vickers, who was in Miramichi on Saturday, promised that if elected, he would work to bring more people to live in New Brunswick.

In a statement, Vickers said his party aims to increase the population of the province by 10,000 annually over the next decade — a total of 100,000 new residents by 2030 — through the promise of good jobs and affordability.

The Liberal leader said he intends to work with the federal government to gain further autonomy over immigration and strengthen the economy.

“Our province’s economic growth is closely tied to the growth of our population,” Vickers said.

“Increasing the amount of people working and living in our province will also increase the amount of people visiting our local businesses and increase tax revenue that supports our education and health systems.”

Green Leader David Coon was also in Miramichi on Saturday, where he promised to make building a nation-to-nation relationship with First Nations a priority.

He said that if elected, the Greens would immediately set up an inquiry into systemic racism in the province’s judicial system.

He also said the party would ensure that First Nations are treated as partners in managing Crown forests in New Brunswick and support Indigenous language training and immersion programs in the Wabanaki languages.

“It is time that we turn public acknowledgments that the Indigenous people of New Brunswick never ceded their lands into genuine actions that reflect this reality,” Coon said in a statement.

Meanwhile, People’s Alliance Leader Kris Austin was in the southwest corner of the province to campaign in St. Stephen, where he planned to meet with the local party members and go door-to-door to speak to constituents.

Friday was the deadline to register candidates and only the Liberals and Tories have nominated people in all 49 constituencies.

The Greens have 47 candidates, while 36 people are running for the People’s Alliance and 32 are running for the NDP.

There are nine Independents and four with the KISS (“Keep It Simple Solutions”) party.

This report by The Canadian Press was first published Aug. 29, 2020.

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Economy

U.S. September job report is going to show economy entering a weaker phase – MarketWatch

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American households are used to television dramas where difficult problems are resolved in one hour, or perhaps eight one-hour episodes on Netflix.

So it is with the economy, and there is a growing perception the U.S. economy has been suffering for long enough that the worst must be behind us.

Gregory Daco, chief U.S. economist at Oxford Economics, said he routinely comes across people now who think the economy is out of the woods, given that the unemployment rate has dropped to 8.4% a peak of 15%.

They don’t seem to realize that the unemployment rate is still higher than the peak unemployment rate of prior recessions, Daco said, in an interview.

The fact is that even after what has been a fairly strong first phase of recovery, the economy has only recovered to reach levels close to the worst part of the 2008-2009 financial crisis, he added.

The economy now is closer to the gnarly 2009 period than the slow but steady recovery of 2014-2016.

“I think that is often times an eye opener for clients,” he said.

Daco said the September jobs report from the U.S. Labor Department due this coming Friday will signal the economy is entering a critical phase, with less assistance from government and a number of uncertainties from the November elections, the coronavirus pandemic, and uncertain financial markets.

“There are a number of risks and we are going into the fall without much insulation,” he said.

The rough consensus among economists is for September nonfarm payroll gains to moderate to slightly under one million in September from 1.37 million gains in the prior month.

Daco is forecasting a sharper slowdown to a gain of 600,000 jobs. He sees the unemployment rate dipping to 8%, but due in part to workers giving up looking for work and dropping out of the labor force.

While 600,000 jobs would be considered strong in an ordinary environment, it is not strong enough to put a dent in the 11 million Americans who have lost jobs during the pandemic and millions more who are underemployed, he said.

“I continue to view the glass as half-empty. We’re still a long ways from where we were pre-Covid,” Daco said.

Richard Moody, chief economist at Regions Financial Corp., thinks it may be hard to gauge the strength of the September report given the technical cross-currents in the data.

September is usually the month that summer vacation resort employment declines as the season ends, and without those job losses this year, the reported gain might look stronger. In addition, there was also a decline in temporary census workers in the month that may skew the data to the downside.

The job report will be released Friday at 8:30 a.m. Eastern on October 2. There will also be critical data during the week on the manufacturing sector for September from IHS Markit and ISM on Thursday, and on consumer spending and inflation for August.

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Economy

Alberta cities warned 'fiscal reckoning' is ahead as COVID-19 shakes economy – Calgary Herald

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In the UCP government’s fall budget that year, cities saw their capital transfers and grants slashed, with Edmonton and Calgary taking the largest reductions.

AUMA president Barry Morishita said Thursday that the organization is looking forward to “resetting” the relationship between the advocacy group and the minister. AUMA declared its relationship with Madu “broken” over the summer after he didn’t respond to concerns on changes to local election rules and passed amendments into law over its objections.

In prerecorded remarks, Premier Jason Kenney touted the province’s infrastructure stimulus plan — $500 million that will be doled out to cities for projects that will spur job creation. Calgary is submitting a list of projects for a total of $152.8 million in funding.

But the premier also scolded local governments that have not embraced pro-growth policies. He said he wouldn’t “name names” but revealed a manufacturer complained that a municipal noise bylaw is preventing it from setting up shop.

“In the depth of a crisis like this, those 400 jobs matter a lot more than a few noise complaints from local residents,” he said.

He added cities should focus on getting rid of “unnecessary rules, red tape and costs” that might stand in the way of job creation.

“When I speak to major business leaders about prospective investment in Alberta, very often a message that I hear back is the greatest impediments they’ve experienced are at the local level, at the municipal level,” he said.

masmith@postmedia.com

Twitter: @meksmith

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Economy

Climate activists demanding quick transition to a green economy in Quebec – Global News

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Two Okanagan families are in a financial and literal hole after a pool contractor allegedly took their money and skipped town.

“We hired a contractor back in late May, he came in and did all the excavation work,” said Steve Croxford, a Kelowna resident.

“He told us he had all the permits in place to get going.”

However, the contractor had no permits, according to the city.

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It’s a case of buyer beware after Stephana Johnson and her neighbour Steve Croxford found what they thought was ‘a great deal’ after finding a pool contractor on Facebook.

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They decided to hire the same contractor to build both of their pools in neighbouring yards.

What happened soon after construction began was a shock.

“That’s where he’s abandoned it basically, we paid him approximately half of the money for the pool,” said Croxford.

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The two families said they hired a man who calls himself Jared or J-Hay and his company Pyramid Pools.

The pool contractor promised them two finished underground pools within four weeks — it’s now been almost four months.

Global News talked to multiple pool companies in Kelowna who say they’ve heard of this fly-by-night pool contractor who’s left multiple people high and dry.

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Long-vacant McDonald’s restaurant in Kelowna to be levelled this fall, city says

Shortly after the alleged fraudster skipped out on the job, the city sent an inspector to their properties.

They issued a cease work order on Aug. 1st and the property owners say the city demanded a 71,000 dollar bond and ordered them to remove the massive dirt pile that was left on city property.

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“We’re really hoping the city helps us as much as they can,” said Stephana Johnson, a Kelowna resident.

“As law-abiding citizens that we are, we want to do nothing but clean it up.” 

RCMP had no comment about the possible fraud that has been reported to them and the city says it’s working to resolve the issue.






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Power has now been restored to 3,900 customers in the Kelowna area following a powerful wind storm Wednesday night


Power has now been restored to 3,900 customers in the Kelowna area following a powerful wind storm Wednesday night

© 2020 Global News, a division of Corus Entertainment Inc.

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