Business & Economy

Saskatchewan still aiming to increase crude production by 2030

The province remains committed to increasing crude production by around 31 per cent over the next seven years.In a statement sent to paNOW, the Ministry of Energy and Resources said the plan is to pro...

Jun 26, 2023

A dip in inflation may not be enough to stop the BoC from raising rates next month

Forecasters are expecting the Bank of Canada to move ahead with another interest rate hike in July, even as they expect the annual inflation rate to slow significantly.Statistics Canada is set to rele...

Jun 23, 2023

Métis-owned corporation now part-owner of P.A. company

An Indigenous-owned company in northern Saskatchewan is growing after becoming the newest partner for a Prince Albert company.Primrose Resources Corporation (PRC), which is owned by Mtis residents in ...

Jun 20, 2023

WestJet to shut down Sunwing Airlines, merge it with mainline business

WestJet is planning to wind down Sunwing Airlines, integrating the low-cost carrier into its mainline business within two years as part of a plan to streamline operations.In an internal memo obtained ...

Jun 17, 2023

Loan repayments could lead to closures of 8,000 small Saskatchewan businesses

Some small businesses in Saskatchewan may be closing at the end of next year.A projected 8,000 small businesses in the province are in danger of not being able to repay their federal business loans. T...

Jun 17, 2023

Jim Pattison's former home up for sale for $1, but there's a catch

On the waterfront in a neighbourhood in West Vancouver stands a charming yellow house and it could be yours for as little as $1.However, there is a catch: you have to relocate the house from its curre...

Jun 12, 2023

Increasing international delegations as Saskatchewan sets sights on global markets

Saskatchewan politicians have rapidly increased international travel since COVID-19 pandemic restrictions were loosened as Premier Scott Moe remains laser-focused on global markets.A Canadian Press an...

Jun 11, 2023

Sask. First Nations designer a finalist in ‘Tales of Triumph’ contest

A Saskatchewan business owner said she's grateful to be among the finalists in a contest that supports small businesses across the country.Kaila LeFort is a member of Muskoday First Nation who current...

Jun 07, 2023

Bank of Canada raises key interest rate amid stubbornly high inflation

The Bank of Canada announced a quarter-percentage point rate hike Wednesday, the first interest rate increase since January, as high inflation persists.Its key interest rate now sits at 4.75 per cent,...

Jun 07, 2023

Flair tops Canadian airlines with average number of complaints per 100 flights: CTA

The Canadian Transportation Agency says Flair Airlines Ltd. has the highest number of complaints per 100 flights of all the major airlines in Canada, as airlines have had a rocky recovery year with de...

Jun 05, 2023