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

It's time to get your family hooked on fishing.Licence-free fishing begins on July 2nd across Ontario. The Ontario Federation of Anglers and Hunters says it's a chance to try the sport without the hassle of getting a licence.

TBaytel gives 100 k to college

A new lecture theatre at Confederation College is getting  some of its tech equipment  thanks to a 100 thousand dollar grant from TBaytel.   Utility President Don Campbell says the donation shows the goals of TBaytel go beyond making money

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

The Lakehead Public School Board has approved its budget for the next school year.  The budget comes through at just over 135 million dollars.  The Board also announced it will be laying off 20 secondary teachers because of declining enrollment.

Canada Day celebrations set

Marina Park is again the site for the city's Canada Day celebrations. City events supervisor Doug Henry says organizers are prepared for 20 thousand people who are expected to attend. The stage show begins at 5:30 and opening ceremonies take place at 6:30.  Henry says it's Thunder Bay's biggest one day event.

Gliddy to face trial

The Thea Gliddy murder case is going to trial. The 29 year old Gliddy is charged with 2nd degree murder in the death of Randy Lawrence Cromarty in May of last year. His body was discovered at the Inntowner Hotel. A trial date is expected to be set in the coming months at the Ontario Superior Court of Justice on Camelot Street.

Investment advisor faces disciplinary hearing

A hearing is scheduled July the 11th for a Thunder Bay investment advisor who is facing a disciplinary proceeding in front of an industry securities watchdog.   The hearing by the Investment Industry Regulatory Organization will probe allegations against Terry Norman Dyck relating to his knowledge of a fund he was recommending to clients when he worked at a local investment firm.

LU Prof endorses Water Street for Multi-Plex Location

The North downtown is getting another endorsement for the location of a proposed multi-plex.  LU Economics Professor Livio Di Matteo says the Water Street location will serve to draw visitors to our waterfront and showcase what Thunder Bay has to offer those who attend conferences and trade shows.  Di Matteo says as far as parking goes, parkades can be built to fix the problem.  

The end is creeping towards Gadhafi

The pressure on Moamar Gadhafi continues to mount.  Lakehead University's Political Science Expert Laure Paquette says with the International Criminal Court calling on his inner circle to arrest him, its only a matter of time before they turn on him. 

Local company is honoured with Premier's Award

A Thunder Bay company now has some added bragging rights as the result of a government award for helping to strengthen the local agricultural industry. Boreal Birch Syrup is one of the recipients of the Premier's Award for Agri-Food Innovation Excellence. The company makes syrup from birch trees in the area. The award was presented in Sturgeon Falls Tuesday.

Gas prices drop again

If you heading out of town for the weekend and need to fill up, well you're in luck.  Gas prices are dropping again in Thunder Bay.  The price of regular has dropped to a buck 25 a litre at a number of stations.

Three boys nabbed for stealing

Three young boys are in police custody after a number of vehicles were broken into in Westfort.  The three aged between 15 and 17 were spotted by officers just after 4 o'clock this morning on Rosslyn Road and took off into the bush.  Officers with the help of the Canine Unit captured the boys and found a number of stolen items.

Groups fight for Multi-Plex

Everybody wants a piece of the Multi-Plex pie.  The Bay and Algoma Business Association and Victoria Avenue BIA pleaded to council to consider locations on their side of Thunder Bay.  Councillor Larry Hebert and Mayor Keith Hobbs feel its too early to narrow down their choices to just three sites.   The Downtown Waterfront, Innova Business Park, and a site on Airport Lands will move to the next phase of a feasibility study.

Art Gallery looks to the future

Thunder Bay's Art Gallery wants to move to the waterfront.  City Council has asked for a report to see if they can dove tail a new art gallery building into a phase of the waterfront development project. Director Sharon Gowin says they need to double the size of their current location at Confederation College.  Godwin adds they love their current home but moving to the waterfront would give the art gallery more visits from foot traffic.  The report will come back to council in November.

No injuries in boat collision

Two boats full of people are safe after their vessels collided on the south end of Whitefish Lake Saturday night. OPP say a boat full of four people capsized after striking a fishing boat. There were no injuries and the fishing boat managed to stay afloat with some damage.

Dugmore takes medical leave for cancer treatment

The city's Waterfront Project Manager is taking a medical leave of absence to get treatment for cancer. Katherine Dugmore says she looks forward to returning to the position in the near future. Until then Tourism Manager Paul Pepe will be Acting project manager.

Industrial accident victim from Thunder Bay

A 24 year old Thunder Bay man is the victim of Friday's scissor lift accident in Shuniah Township.  OPP identified him as Gustavo Argueta.  He was on the fully extended lift when it tipped over falling about 50 feet to the ground.  He was pronounced dead at the Thunder Bay Regional Health Sciences Centre.