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Peguis First Nation has filed a $1 Billion claim for flood damages against all levels of government following the devastating spring 2022 flood. The claim was filed in the Court of King’s Bench against the federal and provincial governments, as well as the Rural Municipalities of Bifrost and Fisher. “The …
Read More »Ontario iGaming wagers hit $17.8 billion in 2023-2024
As Ontario sports fans eagerly anticipate the kickoff to the NBA and NHL playoffs, a newly-released report is offering insights into the province’s online gaming market, which racked up nearly $18 billion in wagers during the 2023-2024 period. The report, released Wednesday by iGaming Ontario, an online gaming platform that …
Read More »Doug Ford ready to spend a ‘couple of billion’ dollars on Mississauga LRT extension – Toronto
The late-stage expansion of the Hurontario LRT could add a “couple of billion” dollars to the project’s final price tag, according to Ontario Premier Doug Ford who spilled the financial details to a business and political crowd in Mississauga. In late January, Queen’s Park directed provincial transit agency Metrolinx to …
Read More »Osteoarthritis cases could reach 1 billion worldwide by 2050, study says – National
Cases of osteoarthritis have more than doubled in Canada over the last 30 years, according to a new study, which predicts the condition could affect up to 1 billion people worldwide by 2050. The study, published in the journal The Lancet Rheumatology Monday, found that between 1990 and 2020, cases …
Read More »Canada, Ontario reach historic $10 billion proposed First Nations treaty settlement
By Staff The Canadian Press Posted June 18, 2023 1:33 pm Descrease article font size Increase article font size Leaders of the Robinson Huron Treaty Litigation Fund say they’ve reached a proposed $10-billion settlement with the governments of Ontario and Canada over unpaid annuities for using their lands. The fund, …
Read More »Ontario government sets aside $22 billion in ‘excess funds’: watchdog
Ontario’s Progressive Conservative government is sitting on more than $22 billion in “excess funds,” according to the province’s watchdog, with no transparency on how that money will be used over the next four years. The province’s independent Financial Accountability Office (FAO) released a long-term spending forecast, based on the government’s …
Read More »Andlauer group buys Ottawa Senators for close to $1 billion: reports
By Staff The Canadian Press Posted June 13, 2023 9:30 am Updated June 13, 2023 9:33 am Descrease article font size Increase article font size A group led by Toronto-based businessman Michael Andlauer has reached an agreement in principle to purchase the NHL’s Ottawa Senators for close to US$1 billion, …
Read More »Ontario has $4 billion more for health care than needed for current programs: FAO
By Staff The Canadian Press Posted May 31, 2023 11:25 am Descrease article font size Increase article font size Ontario’s fiscal watchdog says the province has $4.4 billion more allocated to health-care than what’s needed to fund current programs and commitments made until 2026. The Financial Accountability Office of Ontario …
Read More »Finance Canada defends $10 billion loan guarantee for Trans Mountain
Finance Canada is defending its $10 billion loan guarantee for Trans Mountain to help the company finish its pipeline expansion after opposition parties and environmental groups called it a fossil fuel subsidy. This financial support comes after the government said in February that no more public money would be poured …
Read More »Microsoft to Buy ‘Call of Duty’ Maker Activision Blizzard in $68.7 Billion Deal
Demand for video games has surged during the pandemic. Microsoft Corp said on Tuesday it would buy “Call of Duty” videogame maker Activision Blizzard for $68.7 billion in cash, the largest deal in the sector making the Xbox maker the thirdlargest gaming company by revenue. Reuters Last Updated:January 18, 2022, …
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