October 2017

Very Slight Change In NB Gas Prices

Posted on Thursday, October 19, 2017 07:41 AM

Whether you filled up yesterday, or waited until today, it's not going to make a difference.

Gas prices remained stable overnight, with the Energy and Utilities Board decreasing the maximum price by 0.4 cents a litre.

Several stations in Moncton are selling for around 108.5 this morning.

Diesel and furnace oil price are also down around half a cent.

Trudeau Remembers "Our Buddy" Gord Downie

Posted on Wednesday, October 18, 2017 15:13 PM

The prime minister is remembering his friend Gord Downie, the Tragically Hip frontman, who has passed away of brain cancer at age 53.

Justin Trudeau became emotional when he spoke about how much Downie loved Canada with "everything he had".

"He loved every hidden corner, every story, and every aspect of this country that he celebarted his whole life," says Trudeau.

Trudeau added Downie wanted to make Canada better which is why he became so involved in aboriginal issues and devoted to the reconciliation process.

Finance Minister Unveils Tweak To Tax Proposals While In Hampton

Posted on Wednesday, October 18, 2017 13:36 PM

The embattled federal finance minister unveiled while in Hampton a tweak to the proposed tax changes that have stirred such controversy around the country aimed at the top earners.

Bill Morneau said that passive investments represent one of the biggest advantages enjoyed by the wealthiest members of our society and that the government will be introducing a threshold for passive investment income of $50,000 a year, which is based on $1-million in savings based on a 5-percent return rate.

Consumers And Businesses Will Have To Adapt To Carbon Pricing

Posted on Wednesday, October 18, 2017 10:42 AM

The Atlantic Provinces Economic Council has released a report on carbon pricing with a warning that concerns about maintaining the competitiveness of business cannot be overlooked.

Professor Chris Ragan, an Associate Professor of Economics at McGill, concedes consumers will pay more to fill up as an example, anywhere from 6 and a half to 6.7 cents a litre which then raises the question of how people will respond.

Gord Downie Has Died

Posted on Wednesday, October 18, 2017 09:37 AM

A man who has been hailed a Canadian hero has died.

Gord Downie passed away quietly last night with his children and family by his side.

He was 53 years old.

A statement was released from the family,

"Last night Gord quietly passed away with his beloved children and family close by.

Gord knew this day was coming - his response was to spend this precious time as he always had - making music, making memories and expressing deep gratitude to his family and friends for a life well lived, often sealing it with a kiss… on the lips.

Federal Finance Minister To Discuss Tax Changes In Hampton

Posted on Wednesday, October 18, 2017 07:04 AM

Federal Finance Minister Bill Morneau will be stopping off in Hampton this morning, to talk about what comes next in tax fairness for the middle class and support for small business with changes to be announced to the original tax proposals that generated such a backlash.

The federal Opposition leader says the Liberals decision to reduce the small business tax, is just Prime Minister Trudeau doing damage control.