Rio Tinto CEO to leave over destruction of Australian sites

Rio Tinto CEO to leave over destruction of Australian sites
CANBERRA, Australia — Rio Tinto chief executive Jean-Sebastien Jacques will leave the Anglo-Australian mining giant by March over the destruction of Australian Indigenous sacred sites to access iron ore, the company said on Friday. “Significant stakeholders have expressed concerns about executive accountability for the failings identified,” Rio Tinto said in a statement. By mutual agreement, Jacques will step down once... Read More

Already under pressure, Toronto Airbnb operators face registration rules

Already under pressure, Toronto Airbnb operators face registration rules
TORONTO — Renting out properties for short-term stays is about to get more complicated in Canada’s largest city. Starting Thursday, Toronto homeowners must register with the city if they want to fill their units for any period less than 28 days. The new registration process — for listings on short-term rental sites such as Airbnb, VRBO, HomeAway, Expedia, and Booking.com — is... Read More

Toronto mayor asks federal, provincial governments for more financial help

Toronto mayor asks federal, provincial governments for more financial help
Toronto Mayor John Tory is calling on upper levels of government to provide additional economic support for downtown businesses affected by COVID-19. In a statement today, Tory says there is “increasing concern” among business leaders and others about “the future of downtowns in major cities across Canada.” He’s asking the federal and provincial governments to take a number of steps to... Read More

Modern Meat Sells Out of Product 12 Consecutive Weeks

Modern Meat Sells Out of Product 12 Consecutive Weeks
VANCOUVER – Modern Meat Inc. (CSE: MEAT) has announced that it has sold out of its products and has been at maximum capacity for 12 consecutive weeks to retailers and direct to consumer sales. The Company has been pleased with the initial launch of its line of Modern Burger, Crumble, Meatball, ‘Crab’ Cake, and sauces. “We are pleased by the... Read More

Manganese X Energy and Kemetco Research to Produce High Grade Battery Material for the EV and Stored Energy Space

Manganese X Energy and Kemetco Research to Produce High Grade Battery Material for the EV and Stored Energy Space
MONTREAL –  Manganese X Energy Corp. has announced that it has received additional favorable metallurgical results from Kemetco Research Inc. (Kemetco) in the development process that has now demonstrated greater efficiency and improved economics leading to commercialization. The Company completed phase 1 yielding manganese sulphate with a purity exceeding 99.95 per cent with low levels of base and alkali metals... Read More

Uneven rebound poses risk for entire economy, Bank of Canada governor says

Uneven rebound poses risk for entire economy, Bank of Canada governor says
OTTAWA — The governor of the Bank of Canada says the slower rebound facing women, youth and low-wage workers could pose a threat to a broader economic recovery from the COVID-19 pandemic. Tiff Macklem says uneven recessions that affect some workers and sectors more than others tend to be longer and leave a larger mark on the labour market. He... Read More

Anavii Market Offers Brand New Line of Martha Stewart CBD Products

Anavii Market Offers Brand New Line of Martha Stewart CBD Products
KENTUCKY – Anavii Market, a premier online retailer of verified CBD oil, today announced the unveiling of a much-anticipated brand of Martha Stewart CBD. The new collection consists of six unique hemp products, including CBD tinctures, gummies and softgels, all developed and curated by Martha Stewart herself in partnership with Canopy Growth Corporation. This is the first-ever CBD product launch... Read More

European Central Bank’s stimulus program to keep on rolling

European Central Bank’s stimulus program to keep on rolling
FRANKFURT — With almost a trillion euros still in the pipeline, the European Central Bank said Thursday that its emergency support program for the economy will run into next year, joining the Federal Reserve in making it clear that stimulus will remain set on high as the pandemic weighs on global business. ECB President Christine Lagarde said after Thursday’s policy... Read More

Newfoundland and Labrador’s Liberal government to table 2020 budget Sept. 30

Newfoundland and Labrador’s Liberal government to table 2020 budget Sept. 30
ST. JOHN’S, N.L. — The Newfoundland and Labrador government will table its 2020 budget on Sept. 30. The date for the province’s first budget under newly-installed premier Andrew Furey was announced today by Finance Minister Siobhan Coady at the Confederation Building in St. John’s. The province announced in July it was projecting a $2.1-billion deficit for the current fiscal year.... Read More