The new rules announced in Ottawa on Tuesday will further increase the pressure on manufacturers to deliver at least 20% of electric cars to dealers within two years and 100% by 2035. • Also read: Electric vehicles: Ottawa advances transition with new credits “It is a credit system that involves financial penalties. “It’s like handing … [Read more…]
Inflation continues to rise and catering establishments that buy raw materials have been forced to increase their prices by almost 15% in anticipation of the most important time of the year. • Also read: Grocery prices: Up to $700 more on groceries in 2024 Like the catering industry, the five caterers surveyed by Le Journal … [Read more…]
Hydro-Québec’s CEO believes the state-owned company must return to being an ambitious organization focused on the economic development of future generations. To achieve this, Michael Sabia relies on massive investments in the construction and modernization of hydropower plants. A major tariff increase for business customers is in the works, keeping to François Legault’s promise to … [Read more…]
More than three-quarters of small and medium-sized business (SME) owners in Quebec hope municipalities will limit the rise in property taxes for businesses after they struggled to repay their debts due to the pandemic. This is according to a survey released on Tuesday by the Canadian Federation of Independent Business (CFIB). About 53 percent of … [Read more…]
A closely watched inflation indicator cooled significantly in November. This is good news for the Federal Reserve as officials move to the next phase in their fight against rapid price increases, and positive news for the White House as voters see relief from rising costs. The inflation measure of personal consumption expenditures, which the Fed … [Read more…]