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Inland Manitoba Port Gets the Gas
WINNIPEG, MB - Development of Canada's first and largest tri-modal inland port and Foreign Trade Zone has gotten a shot in the arm with the company Manitoba Hydro announcing a new project that will extend natural gas service and other utilities to CentrePort's 20,000-acre footprint.
Diesel Prices Decline for Third Straight Week
LONDON, ON and WASHINGTON, D.C. -- Average diesel prices in both Canada and the U.S. have turned lower for the third consecutive week as oil prices could possibly head even lower while one nation's crude exports have returned to its highest level in decades.
New Brunswick Considering Highway Tolls to Raise Revenue
FREDERICTON, NB -- Highway tolls and outsourcing highway maintenance are among two of many choices being considered by the New Brunswick provincial government in a report outlining possible financial moves to eliminate debt. "The choices presented in this report were brought forward by New Brunswickers through the review process," said Health Minister Victor Boudreau, who is also minister responsible for Strategic Program Review. "Not all choices contained in the report will be implemented. these are for consideration and discussion as we near the end of the review process." The review was launched in January 2015 with the goal of finding $500 million to $600 million to address the province's financial situation. Decisions will be announced as part of the 2016-17 provincial budget.
BMO Closes on Purchase of GE Transportation Finance
CHICAGO, IL and TORONTO, ON -- BMO Financial Group, the parent of BMO Bank of Montreal, and its wholly-owned Chicago-based subsidiary BMO Harris Bank N.A. has completed its acquisition of General Electric Capital Corp's. Transportation Finance business.
