The one piece of hard evidence presented actually harms the commission's case. The report cites KPMG's Competitive Alternatives Report 2006 to show that Winnipeg's total municipal taxes are the second highest of major centres in Canada. The report uses a sample firm from the KPMG report that would pay a total of about $250,000 in Winnipeg municipal taxes on yearly sales of $17.6 million, so the business tax of approximately $50,000 amounts to 0.3 per cent of sales. The mayor's claim that eliminating the business tax "will help attract new businesses, create jobs, help businesses expand and help prevent others from closing" is undermined by the commission's claim that should the tax be eliminated, businesses will owe more taxes to the other levels of government because they will no long...
At the same time, communities are increasingly recognizing that biotechnology is also a powerful tool for economic development, since biotechnology is a "clean" industry that provides the high-paying jobs essential for community growth. In 2005 alone, worldwide sales in biotech products totalled more than $60 billion. Fortunately, Manitoba is positioned to assume a leading role in the coming years. Manitoba's colleges and universities are training students to meet the needs of the "biotech century," and the province's research base is growing. Our expectations for Manitoba's leadership in this important field are not based on mere hopes and wishes; Manitoba has a history of leadership in biology, biotechnology and molecular biology.
Elias Woodworking isn't the only manufacturer that's optimistic about the future. [Morden]'s Huron Windows Corp. recently expanded its production plant in anticipation of higher sales, according to Morden community economic development officer Cheryl Digby. There are still jobs available, especially for skilled workers," she said. "There are jobs for unskilled workers, too, but they're just not as plentiful. Digby and Triple E's [Terry Elias] said one of the strengths of the Pembina Valley's manufacturing sector is that it's much more diversified now than it was 15 or 20 years ago. So just like the Manitoba economy, it's able to weather economic downturns better than most.
... of the safe harbor is that offers and sales may not be made by any means of "any general solic...
Soon after the Police announced their appearance, a more radical cure was prescribed by Ozzfest founder Sharon Osbourne and Apple CEO Steve Jobs in separate announcements. Osbourne said last week that the 25-date Ozzfest tour will be free this summer, underwritten entirely by corporate sponsors. The next day, Jobs called on his business partners in the music industry to drop all anti-piracy software limitations from online music sales. In their own way, Osbourne and Jobs both voted to empower consumers by giving them more choices and charging them less money. Which is why the announcement that Ozzfest would become a free event is so timely. Last year, Ozzfest pulled in revenue of nearly $19 million. But last week, the tour's founders, Ozzy and Sharon Osbourne, announced that enough was ...
Ottawa's massive effort to jump-start Canada's economy won't last forever, Finance Minister Jim Flaherty said in Winnipeg Wednesday, while boasting that stimulus spending has created or saved 220,000 jobs. Asked later about Manitoba's unwillingness to adopt the harmonized sales tax, Flaherty refused to be critical of the [Greg Selinger]'s government's decision. This is a decision for provincial governments to make," he told reporters. "The federal government's role is to technically enable that to happen (through enabling legislation).
...,000 per year in lost profits due to reduced sales. Airports face potential increased operating costs...result in 198 fewer jobs per year; reduce wages paid by about $6.7 million ...
It's part of an overall plan. It's something that, frankly, we don't take lightly -- we don't really want to do -- but it's the right way to run the business. "It's a concern because people are going to lose their jobs... The reality is the sales for General Motors of Canada Ltd. have actually been good this year," [Jim Flaherty] said. "The American market has been weak on the auto side and the Canadian market has been stronger so this is regrettable." "We knew that the pickup truck (market) had softened and they had a number of Saturdays scheduled for overtime in Oshawa truck and they had cancelled them a couple of weeks ago but that looked like that would be enough to offset the inventory problem," [Buzz Hargrove] said. "It didn't."
It's just an indication of the overall economy," he said. "People are selling (their homes), people are renovating (their homes), they're confident about their jobs, their careers, their businesses and their neighbourhoods. "As predicted earlier this year, condominium sales are expected to gain MLS market share in 2007," he said, "and this was borne out in March with 15 per cent of total sales -- one-third higher in percentage terms than in March 2006." "That (spring) is when typically people get the bug (to buy a home)," he said, "although it's not as seasonal as it once was."
Two per cent growth for the U.S. is not bad, but it's a pretty shabby recovery when you consider the tons of stimulus thrown at the consumer and businesses during that quarter," he pointed out. "We have the U.S. economy barely growing in the second half of the year ... and there is certainly a risk of contraction. "ö General Motors Corp. announced it will cut 15 per cent of its U.S. and Canadian salaried work force -- or around 5,100 jobs -- by Nov. 1 as part of a plan ride out a slump in U.S. sales.
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