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Turkey just hiked its interest rate 625 basis points to 24%, the most in 15 years, to save its currency

Posted on 15 September 2018

Turkey’s central bank raised its benchmark interest rate by the most since Recep Tayyip Erdogan came to power 15 years ago, countering the president’s call for lower borrowing costs just two hours before the decision was announced. The currency rallied. The Monetary Policy Committee led by Governor Murat Cetinkaya on Thursday increased the one-week repo rate by 625 basis points to 2 ...

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Workers and companies left in limbo after Trans Mountain pipeline ruling

Posted on 15 September 2018

Workers and companies who were set to be employed on the Trans Mountain pipeline expansion have been left wondering where they stand as construction on the project begins to shut down. Ryan Bruce, director of government and public relations for the union CLAC, said some of the workers were sent home after the Federal Court of Appeal ruling quashed Ottawa’s approval of the pipeline expansion on ...

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Catherine McKenna Announces Funding for Four Projects in Ottawa

Posted on 07 September 2018

On Wednesday,Environmental Minister Catherine McKenna announced funding for four projects in Ottawa for connected and automated vehicles. She also declared funding for research and development to reduce air emissions from rail transportation. In the release, she stated that the City of Ottawa would be receiving $140k towards its Eco-Drive to connected vehicle pilot program. In the first ...

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Employers working to combat stress in the workplace

Posted on 05 September 2018

(NC) For most Canadians, their main source of stress is money. This is even more than employment, health and family obligations. And this stress is costly to the workplace. A report by the International Foundation of Employee Benefit Plans estimates that dealing with financial matters on the job could cost employers from $750 to $2,000 per employee per year. Many people say they are d ...

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McDonald’s: Ten Horrifying Ingredients That May Make You Sick

Posted on 04 September 2018

Most of us are aware – on a subconscious, if not at a conscious level – that fast food is bad for us. But according to a report, it’s far worse than we thought. A survey by Gallup once showed that 8 out of 10 Americans consume fast food once a month. Half of that number even confessed to eating it once a week at least.  When it comes to fast food brands, McDonald seems to be t ...

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Ottawa Mayoral Candidate Clive Doucet Intends to Be Known as the Mayor That Smiles

Posted on 30 August 2018

Candidate for mayor, Clive Doucet wants everyone to know that’s he is in the mayoral race for either all or nothing. “I am running to win and if I sense after two or three weeks that I’m not going to win, I won’t do it. I don’t think it is fair to ask people to support you with money, time and effort just to be part of the conversation,” he said while speaking to Ottawanews. “Th ...

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Earth's Geophysical Pole Shift Is Affecting Weather, Researcher Affirms

Posted on 29 August 2018

In these last days, we have experienced a series of shocking catastrophees that we had rarely witnessed in the past: scary earthquakes and tsunamis, volcanoes erupting, strong heatwaves and many other natural disasters. This has caused havoc among the scientific community, which has started to analyse the causes of these phenomena. One of the most popular theories nowadays is what has been calle ...

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Mayor wants better funding and less privatization when it comes to legal pot

Posted on 21 August 2018

When it comes to legalized marijuana in Ottawa, mayor Jim Watson has some thoughts on how things could be changed.  Speaking with 1310 NEWS Watson explained that he approves of the province letting municipalities decide whether or not to allow privately owned pot shops in their city.  But, he doesn't agree with having private shops all together saying it will be difficult to deal w ...

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Passenger volume up at the Ottawa Airport

Posted on 21 August 2018

According to the Ottawa International Airport Authority, the passenger growth puts YOW on track for another record-breaking year. More people are flying in and out of the Ottawa International Airport.  Passenger volume in July of this year has grown 8.7 percent -- compared to July of 2017. According to the Ottawa International Airport Authority, the passenger growth puts ...

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Ottawa's rental market prompting line-ups for showings

Posted on 21 August 2018

Depending on who you ask, Ottawa’s rental market is red hot. Property managers and realtors are getting multiple offers on many rental units in this city. Folks are resorting to lining up in the hopes of winning a coveted apartment. A lot of this depends on where you're looking to rent and when. Availability is not bad in certain parts of this city but some owners tell us, they've nev ...