A Special Weather Statement has been issued by Environment Canada for Pictou County and eastern parts of the province advising of the potential for significant snowfall. From this afternoon through Thursday morning we could see upwards of 20 cm of snow, together with strong winds causing blowing snow and reduced visibilities.
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The Nova Scotia government has a green light from Ottawa for its 425-million-dollar plan to clean up Boat Harbour. But the federal approval comes with a long list of conditions that includes continuing to look for another site to store contaminated sludge in the long term. Federal Environment Minister Steven Guilbeault issued his decision last Friday for the cleanup of the body of water near Pictou Landing First Nation that for decades received effluent from the Northern Pulp mill. Under terms of the approval, an advisory committee has to be established to examine alternative locations for the sludge removed from Boat Harbour.
Economists expect the Bank of Canada to lower its key interest rate by a quarter of a percentage point today to three per cent.
The drop will mark a slowdown after the central bank cut is key rate by half a percentage point twice in a row in October and December.
Canada’s annual inflation rate fell to 1.8 per cent in December on the back of the federal government’s temporary tax break.
The Bank of Canada has lowered its key interest rate five consecutive times since last June with governor Tiff Macklem saying it would rein in the pace of cuts moving forward.
The federal government says it has multiple options to deal with U-S President Donald Trump’s promised 25 per cent across-the-board tariffs, which appear to be imminent.
Canadian officials have been cycling through Washington in recent weeks to promote Canada’s 1.3-billion-dollar border security plan and make the case that tariffs would hurt both economies.
Ottawa says their response includes retaliatory tariffs and potential relief packages to help businesses and industries affected by the levy.
White House press secretary Karoline Leavitt told reporters Tuesday the last time she spoke with the president he indicated February 1st was “still on the books” for the launch of tariffs against Canada
The North End Recreation Centre’s Winter Carnival is set for this weekend. It will run Friday through Sunday and feature a number of family activities including a kids dance, pancake breakfast, chocolate bar bingo, snowman village and a skate. The Town of New Glasgow says there will also be a fireworks display Friday at 8 p.m. at the North End Recreation Centre.
