Latest news with #provincialGovernment
Bloomberg
18 hours ago
- Business
- Bloomberg
Alberta Posts Larger-Than-Projected Surplus, Braces for Deficit
Alberta posted a larger-than-projected surplus in its most recent fiscal year, providing the oil-rich province with some cushion against an expected trade war-driven shortfall in the current period. Revenue exceeded expenses by about C$8.3 billion ($6.1 billion) in the fiscal year that ended in March, about C$8 billion more than originally projected, the provincial government said Friday. The gain was largely attributable to higher-than-expected resource revenue and corporate income taxes.
CTV News
2 days ago
- Business
- CTV News
Calgary to break ground on long-awaited Green Line LRT project
After years of discussions and planning, city officials will break ground on Calgary's Green Line LRT project on Thursday. A ground-breaking ceremony will be held at the future Shepard LRT station in the city's southeast, kicking off Phase 1 of the project. This first phase is Calgary's largest-ever infrastructure investment, with $6.248 billion in funding from the City of Calgary and both the provincial and federal governments. However, city officials say they've identified at least $1.3 billion in additional costs the city will have to cover. The southeast segment, from Shepard to the future Grand Central Station, will build the first 10 stations and 16 kilometres of track, before connecting with the future downtown segment. It will also deliver 28 new modern low-floor light rail vehicles. 'I think when Calgarians start seeing the rails in the ground, the power lines going up and the stations starting to get built, we will get the momentum to get the job done,' said David Cooper, a transit expert and mobility consultant. 'It's actually pretty significant that it's actually happening, and I think people need to see that for the project to progress.' The design of the downtown segment is expected to be completed by next year, with construction starting in 2027. The provincial government's preferred alignment for a train through downtown is on an elevated track. Calgary's mayor still questions the impact this will have, saying property values, downtown vibrancy and public safety are still on the line. Despite not always agreeing on the project design and funding arrangements, all three levels of government are expected to be at the ground-breaking ceremony. 'Transit has pretty broad support across the political spectrum,' Cooper said. 'At the end of the day, people want to get people to work, and it doesn't matter what side of the political equation you're on – this has been a project that all three funders have said that they want this project to happen.'
CTV News
4 days ago
- Politics
- CTV News
Panel to host town halls to fuel referendum questions
Calgary Watch The provincial government is again pushing back against Ottawa—and would like to hear how Albertans want to do so.
Arab News
12-06-2025
- Climate
- Arab News
Rescuers in South Africa search for the missing after floods leave at least 49 dead
CAPE TOWN, South Africa: Rescue teams began a third day searching for missing people Thursday after floods devastated parts of South Africa's rural Eastern Cape province and left at least 49 dead. Authorities said they expected the death toll to rise. The missing included four high school students who were swept away when their bus was caught up in the floods near a river on Tuesday. Six students on the bus were confirmed dead, while three were rescued after clinging onto trees and calling out for help, according to the provincial government. The floods hit the province early Tuesday after an extreme cold front brought heavy rain, strong winds and snow to parts of eastern and southern South Africa. Forecasters had warned about the damaging weather last week. Eastern Cape provincial government officials said they believed people were still missing but did not give an exact number. They were working with families to find out who was still unaccounted for, they said. On Wednesday, rescue teams brought bodies out of the water in blue body bags, while witnesses said many people had taken refuge on the top of buildings or in trees. The floods centered on the town of Mthatha and its surrounding district, which is around 430 kilometers (267 miles) south of the east coast city of Durban. Officials said at least 58 schools and 20 hospitals were damaged, while hundreds of families were left homeless after their houses were submerged under water or washed away by the floods. Critical infrastructure including roads and bridges has been badly damaged, Eastern Cape Premier Oscar Mabuyane said. He said it was one of the worst weather-related disasters his province had experienced. South African President Cyril Ramaphosa announced he had activated the National Disaster Management Center to help local authorities in the Eastern Cape, while national officials were expected to visit the province on Thursday.
Yahoo
12-06-2025
- Climate
- Yahoo
Rescuers in South Africa search for the missing after floods leave at least 49 dead
CAPE TOWN, South Africa (AP) — Rescue teams began a third day searching for missing people Thursday after floods devastated parts of South Africa's rural Eastern Cape province and left at least 49 dead. Authorities said they expected the death toll to rise. The missing included four high school students who were swept away when their bus was caught up in the floods near a river on Tuesday. Six students on the bus were confirmed dead, while three were rescued after clinging onto trees and calling out for help, according to the provincial government. The floods hit the province early Tuesday after an extreme cold front brought heavy rain, strong winds and snow to parts of eastern and southern South Africa. Forecasters had warned about the damaging weather last week. Eastern Cape provincial government officials said they believed people were still missing but did not give an exact number. They were working with families to find out who was still unaccounted for, they said. On Wednesday, rescue teams brought bodies out of the water in blue body bags, while witnesses said many people had taken refuge on the top of buildings or in trees. The floods centered on the town of Mthatha and its surrounding district, which is around 430 kilometers (267 miles) south of the east coast city of Durban. Officials said at least 58 schools and 20 hospitals were damaged, while hundreds of families were left homeless after their houses were submerged under water or washed away by the floods. Critical infrastructure including roads and bridges has been badly damaged, Eastern Cape Premier Oscar Mabuyane said. He said it was one of the worst weather-related disasters his province had experienced. South African President Cyril Ramaphosa announced he had activated the National Disaster Management Center to help local authorities in the Eastern Cape, while national officials were expected to visit the province on Thursday. ___ AP Africa news: Gerald Imray, The Associated Press
