Canadian forest fires are the latest costly climate disaster that public accounts fail to capture
You don’t have to tell the people of Calgary and other Canadian communities breathing orange air that forest fires have a cost.
And while repeated studies draw a direct line between an increase in costly forest fires and climate change, economists and accountants right up to Canada’s Parliamentary Budget Officer say the benefits of stopping climate change and thus reducing the many harms it creates is simply impossible to measure for public accounting purposes.
It is an interesting conundrum and the thousands of people displaced from their homes or breathing smoke from the current spate of forest fires are caught…
City to update Housing Business Plan to apply for federal funding – DiscoverMooseJaw.com
The city council approved a change order to update the city’s Housing Business Plan in order to apply for federal funding.
The federal government recently announced that $4 billion in funding would be available through the Housing Accelerator Fund Program.
Consultants are currently working on updating the city’s Official Community Plan (OCP) and Zoning Bylaws. City council approved transferring $10,500 from the Innovative Housing account to the OCP and Zoning Bylaw update account. According to the city administration, those consultants would be in the best position to update the Housing Business Plan and help the city prepare the grant application.…
Eseye announced a new agreement with Orange to enhance global IoT connectivity offering
New agreement with the wholesale arm of Tier-1 mobile operator Orange, enables Eseye to solve permanent roaming issues for customers in many territories.
This agreement provides enabling Eseye’s customers to access Orange Wholesale France networks and roaming partners further adding to their existing carrier footprint.
Allows Eseye to utilize Orange Wholesale’s existing roaming footprint of more than 220 destinations globally and over 700 network operators.
Eseye, a pioneer of leading-edge cellular IoT connectivity solutions, today announced it has entered into an agreement with Orange Wholesale France to enhance its global IoT connectivity solution offering with additional localization capabilities which will…
Visa and MasterCard agreed to lower the average credit card interchange fee below 1%
The government has announced new details of an agreement with Visa and MasterCard that will see them lower the amount that they charge retailers when a customer pays for a purchase with a credit card.
Known as so-called interchange fees, they have long irritated merchants by allowing the credit card company to keep a percentage of each sale, instead of a flat fee for each transaction.
On Thursday, the government announced a deal with the two card companies that will reduce interchange fees for in-store transactions to 0.95 per cent, on average.
That means on a $100 purchase, if a…
Angelo’s is closing, Crazy Wisdom is reopening and other Washtenaw County business news
WASHTENAW COUNTY, MI — Big news has been happening recently for businesses in and around Ann Arbor.
Some longtime businesses are calling it quits after spending decades serving customers, while others are making their debut. There is even one beloved Ann Arbor book store that’s planning to return after closing in 2022.
Here are some recent business news you might have missed.
Angelo’s Restaurant to close as University of Michigan plans $4.5M purchase
By December, people will no longer be able to enjoy the deep-fried French raisin toast or sandwiches at Angelo’s Restaurant in Ann Arbor.
Related: ‘I will think…
The Bank of Canada is more worried than usual about debt loads
The Bank of Canada is more worried than it was last year about household debt loads, and is concerned about the abilities for households to stay on top of them in the coming years once mortgages renew at higher rates.
That’s one of the main takeaways of the bank’s Financial System Review, an annual assessment of various risks the bank desires to be of concern to the stability of Canada’s financial system.
While the bank highlighted the risks of cybersecurity attacks, the ongoing global banking crisis and climate change, the risk presented by growing mortgage debt was a recurring theme…
Council adopts strategic plan for Cranbrook
Members of City of Cranbrook council adopted the draft 2024 – 2027 Strategic Plan Monday night (May 15) – a document that will guide the higher-level objectives of the City of Cranbrook as a corporation over the next four years.
This new strategic plan was developed over the first three months of 2023 following the fall election of Mayor and council. The new strategic plan will guide the coming three years of this council and the first year of the next council’s term, 2024-2027.
The reason is that the budget takes months to create, based on projects and a business…
COVID-19 loans: Restaurants Canada asks for extension
As the deadline for repaying COVID-19 loans approaches, the restaurant industry is asking for more time.
“The main concern with us was that we had to shut down several times in the last three years,” says Pleasant Street Diner co-owner Tommy Fatouros.
That’s a lot of revenue to recover for the Dartmouth, NS, small business.
To help, the federal government created the Canada Emergency Business Account (CEBA).
The program offered interest-free loans of up to $60,000 to small businesses and not-for-profits.
According to Richard Alexander, the Atlantic vice president of Restaurants Canada, 83 per cent of table-service restaurants and 55…
