Party leaders pledge support for tourism, economy as N.B. election campaign continues - Powell River Peak | Canada News Media
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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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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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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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