Author: admin
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Alberta caught the biggest $8.7-billion surplus in history, and what do we have to show for it? Nothing really. Tax breaks? no, one time payouts that really don’t help anything, yes. Lower tuition? Hell no, that goes up and up, 2nd highest in canada is it? Dumping big money in the AHTF ? HELLL NO.…
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Western European workers at General Motors are putting pressure on the US carmaker over its threat to shut an assembly plant in Portugal. Plant workers are protesting by walking off the job or laying down their tools for periods. This is a response to GMs decision to close the Portuguese plant; workers also fear that…
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An election promise is fulfilled today as the Conservative government cuts the GST (goods and services tax) down from seven per cent to six. It will be the first time in its 15-year history that the general sales tax has been lowered. Make sure you check your receipts, especially big ticket items, as you purchase…
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Volkswagen says it wants to lengthen its standard working week at plants in western Germany to 35 hours without raising salaries in an effort to save jobs and remain competitive. The move – which would end a 28.8-hour working week in place since 1994 – is designed to improve efficiency. (Forget about the American work…
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The Canadian dollar retreated from a new 28-year high capping a strong May 2006. The loonie depreciated to 90.79 cents (U.S.), down .09 cents on the day. The loonie rose as high as 91.44 cents, its highest level since Jan. 4, 1978. Robust growth is also adding to the appeal. Canada’s economy grew at 3.8-per-cent…