Business & Economy

Kenney says frustrating coronavirus stifling oil and gas economy

EDMONTON - Alberta's premier says it's frustrating to see his government doing everything it can to grow the economy only to watch global oil prices fall due to reduced demand tied to the no...

Mar 02, 2020

Coronach ‘open for business’ with transition money announced Friday

First with the oil downturn starting in 2014 and now with federal regulations moving the country away from coal, southeast Saskatchewan's economy is hurting.But on Friday, the provincial government an...

Mar 01, 2020 Coronach's mayor Trevor Schnell, Feb. 28, 2020 (Lisa Schick/980 CJME)

Stock market drop a ‘blip’ compared to 2008: financial analyst

A Saskatoon financial analyst is shrugging off comparisons between this week's stock market drop and the 2008 financial crisis.Stock markets plummeted more than anytime since October 2008 through the ...

Feb 29, 2020 (CKOM News Staff)

Number of distracted driving tickets drops again

For the third straight month, the number of distracted driving offences recorded in Saskatchewan decreased.According to SGI, Saskatchewan police officers issued 509 tickets for distracted driving in J...

Feb 26, 2020 (CKOM News Staff)

Sask. premier calls for carbon tax pause as Alberta court rules levy unconstitutional

Saskatchewan Premier Scott Moe brought renewed swagger as he addressed reporters Monday in Saskatoon following an Alberta Court of Appeal ruling declaring the federal carbon tax unconstitutional."Toda...

Feb 25, 2020 Premier Scott Moe (Lisa Schick/980 CJME)

Alberta Appeal Court sides with Alberta on federal carbon tax

EDMONTON - The Alberta Court of Appeal has ruled that the federal carbon tax is not constitutional.In a 4-1 decision, the court says the legislation that brought in the tax erodes provincial jurisdict...

Feb 25, 2020 The Canadian Press

Teck withdraws application for Frontier mine, citing discourse over climate change

VANCOUVER - Teck Resources Ltd. has withdrawn its application for a massive oilsands mining project just days ahead of an expected government decision, citing the political discourse over climate chan...

Feb 24, 2020 The Canadian Press

FSIN not surprised by Scheer’s ‘check their privilege’ comment

The Federation of Sovereign Indigenous Nations (FSIN) calls a recent comment by Conservative Leader Andrew Scheer disturbing and offensive but not surprising.On Friday, Scheer spoke to media at the pa...

Feb 19, 2020 Bobby Cameron, chief of the Federation of Sovereign Indigenous Nations. (CKOM)

Unifor releases video on barricade north of Saskatoon

The union representing locked out Co-op Refinery workers has released a video on social media describing the motivation for it's latest labour dispute tactic - putting a fence around the Co-op cardloc...

Feb 15, 2020 Unifor members set up barricades around the entrances to the co-op cardlock, north of Saskatoon, just off highway 16 on Friday, February 14, 2020. (Chris Vandenbreekel/650 CKOM)

CN shuts down eastern rail network, FSIN and Hoback weigh in

Canadian National Railway Co. says it must shut down its entire train network in Eastern Canada due to protesters blockades.The company says that means stopping all transcontinental trains across its ...

Feb 13, 2020 (Canadian National Railway Company/Facebook)