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Stakeholders, economists react to Alberta’s fiscal focus on Heritage Fund

Premier Danielle Smith’s Wednesday evening address announcing a plan to begin reinvesting in the Heritage Savings Trust Fund and keeping provincial spending below the inflation and population growth was met with mixed reviews the week before the new annual budget. “The message of fiscal prudence was probably well received. The …

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Federal Fiona recovery fund providing $9 million for community comfort centres

By The Staff The Canadian Press Posted September 22, 2023 12:40 pm Descrease article font size Increase article font size The federal government is providing $9 million to help communities hit by post-tropical storm Fiona ensure they’re ready to offer residents refuge from the next big storm. The money comes …

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Ontario adding more ‘strong mayors,’ creating $1.2B in housing incentive fund

Ontario Premier Doug Ford is expanding so-called strong mayor powers to a total of 49 communities across the province and is offering $1.2 billion in incentives for cities and towns to meet housing targets. Ford’s announcement Monday, in a speech at the Association of Municipalities of Ontario’s conference, comes as …

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Ontario adds $44M to fund aimed at reducing ER wait times at hospitals

By Staff The Canadian Press Posted July 20, 2023 1:05 pm Descrease article font size Increase article font size OTTAWA — Ontario is adding $44 million to a fund for hospitals to help reduce ER wait times and allowing more hospitals to qualify. The new funding is on top of …

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Will Ontario fund Toronto’s World Cup plan? Inside the provincial deliberations

Toronto’s plans to host five games as part of the 2026 World Cup could be in jeopardy as provincial officials continue painstaking deliberations over whether or not to pitch in and help pay for the event, something the city expects them to do. During increasingly detailed discussions about how to …

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Fraction of Nova Scotia’s Green Fund spent on climate change programs: auditor – Halifax

By Staff The Canadian Press Posted February 28, 2023 9:28 am Descrease article font size Increase article font size Nova Scotia’s auditor general says only a fraction of a government fund established to combat climate change has been spent on solving the problem. Kim Adair says a performance audit of …

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Feds to fund feasibility study to search landfill for alleged Winnipeg serial killer victims

By The Staff The Canadian Press Posted December 15, 2022 7:40 pm Updated December 15, 2022 8:43 pm Descrease article font size Increase article font size The federal government says it will fund a feasibility study on a potential search of a Winnipeg-area landfill for the remains of two Indigenous …

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Hockey Canada moved cash from fund used for sexual assault claims to avoid encouraging more claims: report

A controversial reserve fund that Hockey Canada publicly vowed it would stop using to settle sexual assault allegations is significantly depleted after the organization transferred millions of dollars in past years to another account, a new interim report reveals. Former Supreme Court justice Thomas Cromwell’s interim report on Hockey Canada’s governance, released last week, …

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Federal disaster adaptation fund meant to last over a decade is more than half spent

A federal program meant to provide provinces and municipalities with funding for disaster-resilient infrastructure projects is oversubscribed and running out of money years before it’s set to expire. The government launched the Disaster Mitigation and Adaptation Fund (DMAF) in 2018 with an initial budget of $2 billion over 10 years. It …

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Ottawa should move fast on promised $200M fund for Black-led charities, group says

The federal government needs to follow through quickly on its promise to create a self-sustaining investment fund for Black-led charities and community-based organizations, says a spokesperson for a group backing the idea. Liban Abokor, a board co-chair with the Foundation for Black Communities, made the comment after Ottawa took another step in laying the …

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