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New Brunswick signs free trade agreement with Manitoba
New Brunswick signs free trade agreement with Manitoba

CTV News

time2 days ago

  • Business
  • CTV News

New Brunswick signs free trade agreement with Manitoba

New Brunswick and Manitoba have signed a memorandum of understanding on free trade. (Source: Facebook/Government of New Brunswick) New Brunswick has signed a memorandum of understanding (MOU) on free trade and labour mobility with Manitoba, the third such agreement the Maritime province has inked so far this year. The MOUs are designed to reduce interprovincial trade barriers and improve the flow of good between the provinces. 'New Brunswick is committed to working closely with our neighbouring provinces to create a strong and free Canadian economy and create more opportunities for New Brunswick businesses and products to shine across the country,' said Premier Susan Holt in a news release. New Brunswick signs MOUs with Ontario and Newfoundland and Labrador last April. 'This agreement reflects Manitoba's ongoing efforts to build a stronger, more unified Canadian economy; one where goods, services and workers can move more freely between provinces, while maintaining the highest standards for health and safety,' said Manitoba Premier Wab Kinew. 'By working with partners across the nation, we are unlocking opportunities for people and businesses and building up this country we all love so much.' Last month, Holt said her government is continuing to pursue these kinds of agreements, with Quebec being a particular focus. She has also advocated for a free-trade zone in Atlantic Canada for goods, services and labour. For more New Brunswick news, visit our dedicated provincial page.

Sessions court denies bail to Ketan Kadam in Mithi River desilting contract scam, says he is 'key accused'
Sessions court denies bail to Ketan Kadam in Mithi River desilting contract scam, says he is 'key accused'

Time of India

time15-07-2025

  • Business
  • Time of India

Sessions court denies bail to Ketan Kadam in Mithi River desilting contract scam, says he is 'key accused'

Mumbai: The sessions court in the city denied bail to Ketan Kadam, an alleged middleman involved in the Rs 65 crore Mithi River desilting contract scam. The court observed that, prima facie, he played a crucial role in the conspiracy, causing wrongful loss to the civic body. On July 11, Additional Sessions Judge N G Shukla rejected Kadam's bail plea, and on Tuesday, in the reasoned order, observed that the probe was still ongoing. "After considering the material placed on record, it appears that the role of the applicant is crucial in setting the terms and conditions of the contract for desilting work since prior to the entering of Virgo in the MOU for the purchase of machines and entering into an agreement for hire with the contractors," the order said. The prosecutor opposing his bail stated that the BMC had given contracts for desilting the Mithi River at different sites in Mumbai to various companies by inviting tenders from 2019 to 2024. The prosecution's case was that Kadam, Chief Executive Officer (CEO) of Virgo Specialties Pvt Ltd, allegedly conspired with BMC officials and contractors to meddle with tender conditions, forcing contractors to hire machines from his firm. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai Claiming he had no role as alleged, Kadam sought bail also on parity, citing co-accused who were released. The court observed that statements from several witnesses, including high-ranking BMC officers, are yet to be recorded in the case. The court perused the material on record and observed that "the applicant (Kadam) personally gained various amounts from the contractors in the bank account of his shell company… This material prima facie shows that the applicant is the key accused in the conspiracy of causing wrongful loss to BMC." The case, being investigated by EOW, is against 13 persons.

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