Wednesday, June 29, 2011
TSX-LSE deal falls through
A blockbuster deal to merge the Toronto and London stock exchanges has fallen through. The operator of the TSX says there wasn't enough shareholder support for the deal to take place. Thunder Bay investment expert Blake Cameron, who predicted the deal might not happen, says it now makes way for a Canadian deal with the Maple Group
Lang bids good-bye
The Pat Lang era at Confederation College is coming to a close Thursday. After 11 years as President of the college she is retiring without any regrets. Lang sites her greatest accomplishment as setting up the Community Nursing Program in the region. She hopes her legacy will be the people she met and helped change over the years.
Fish for free starting this weekend
Business community is optimistic
Small businesses in Thunder Bay are feeling pretty secure this year. That's one of the themes in the annual Thunder Bay Ventures Survey. Chamber of Commerce President Harold Wilson says the results are encouraging. The Survey shows 51 percent of businesses are planning on hiring new employees this year. Also almost 70 percent of respondents feel the city's economy is moving in a positive direction and just over 80 percent of respondents say they feel secure about their future.
Inflation is on the rise
The Inflation rate in Thunder Bay is way up. Along with Halifax our rate is the highest in the country at 4.3 percent. That's ahead of both the province and the country which rose to 4 and 3.7 percent respectively.
Public Board approved budget
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