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Passenger rail in the Algoma district has hit the skids with no immediate federal funding help.

Passenger rail preservationists are facing a steep grade after Transport Canada pulled a critical federal subsidy to restore the northeastern Ontario service. Federal Transport Minister Marc Garneau made it known during a trip to ... more >>

Latest News

Sudbury French college anoints new presidentPosted: 7/22/2016 10:14:12 AMDaniel Giroux has been named the new president of Collège Bo...
Province providing $1 million for Northern businessesPosted: 7/21/2016 12:28:57 PMThe NOHFC has announced close to $1 million in funding for f...
First Nations contractor digs into gold projectPosted: 7/21/2016 10:58:04 AMA First Nation-owned construction company is cutting its tee...
Komatsu acquires Joy Global for US$2.89 billionPosted: 7/21/2016 10:35:30 AMJapanese mining equipment manufacturer Komatsu has acquired ...
Lithium is new resource in KenoraPosted: 7/20/2016 9:46:02 AMLithium is the new gold in the Kenora district....
Sault airport gets money for power upgradesPosted: 7/20/2016 3:31:45 PMThe Sault Ste. Marie Airport has received $360,868 for upgra...
Dome Mine to remain operational in TimminsPosted: 7/20/2016 12:21:20 PMGoldcorp has announced it will keep Dome Mine in Timmins ope...
Essar Steel unpaid creditors anxiously stand on the sid... Posted: 7/19/2016 11:10:29 AMContractors and industrial suppliers to Essar Steel Algoma a...
U.K. steel group muscles in on Essar Steel bidPosted: 7/18/2016 10:16:56 AMLiberty House Group, a United Kingdom-based commodities trad...
Northern tourism gets a boostPosted: 7/18/2016 11:46:52 AMFedNor is providing $375,000 to help increase and improve to...

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Michael Atkins President
Northern Ontario Business
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David Robinson
Dr. David Robinson Associate Professor of Economics
Laurentian University
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Laurie Bissonette

Charles Cirtwill

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Contact Ian Ross at ianross@nob.on.ca or 705-673-5705 ext. 312.

Business News from the CBC

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The world's biggest economies will work to support global growth and better share the benefits of trade, policymakers said on Sunday after a meeting dominated by the impact of Britain's exit from Europe and fears of rising protectionism.
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Bill Morneau says Canadian economy to rebound this year
Canada's economy should rebound "over the course of the year" from the impact of the Fort McMurray, Alta., wildfire, Finance Minister Bill Morneau said on Saturday on the sidelines of a G20 meeting in Chengdu, China.
Oil dips to lowest level since April
Crude oil dipped below $44 US a barrel on Friday, extending a 1½-month decline and bringing it to its lowest level since mid-April, while the Canadian dollar was on track for a fifth straight day of decreases.

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