Infrastructure, military spending, economy dominate talk in federal finance minister’s visit

Federal Minister of Finance François-Philippe Champagne was in Winnipeg, but at a gathering of local business community members on Monday afternoon, he had another Manitoba locale on his mind.

“I love Churchill,” Champagne said when asked at a Manitoba Chambers of Commerce event what Canadian trade diversification opportunity he’s most optimistic about.

Ottawa has identified the Port of Churchill as central to its vision to build a stronger, more resilient Canadian economy that is better connected to global markets.

“I had no hesitation to mention Churchill — that came to mind immediately,” Champagne told a reporter after the event. “It is probably one of the most consequential infrastructure (projects) that we can imagine for the Prairies.”

More time at work is not always more productive work

Canada’s productivity conversation has increasingly focused on a simple but important measure: output per hour worked. In other words, what are we actually producing for the time we are putting in?

Alberta oil pipeline is ‘more likely than not’ Carney says

OTTAWA - Prime Minister Mark Carney says a new oil pipeline out of Alberta is "more likely than not."

In his first sit-down interview with The Canadian Press since becoming prime minister more than a year ago, Carney said Friday that given the increased global demand for secure new sources of energy due to the war in Iran, and Canada's need to diversify to Asian markets, a new pipeline is "more probable than possible."

"It's all part of a bigger package. We're making progress on that bigger package," Carney said, referring to the memorandum of understanding his government signed with Alberta late last year.

"Part of our job is to figure out ways to make that work, to make it work that's combined with reducing the emissions associated with oil.

Healthy food subsidy might be on table over gas tax cut: Kinew

Premier Wab Kinew says he is still considering relief for Manitobans struggling with the high price of fuel but it may not be in the form of a gas tax holiday.

Food fight: provincial government taking Sobeys to Municipal Board over property controls

The Manitoba government is taking aim at Sobeys Inc. in a bid to boost local competition.

The province said Thursday it would challenge contracts made by the Canadian grocery giant that prevent competitors from setting up shop nearby.

Manitoba will submit four cases for Municipal Board review, Premier Wab Kinew said. “When there’s more competition, there are better prices.”

Last year, the provincial government passed a law allowing for the removal of registered controls if the Municipal Board deems it in the public interest.

Toy company Spin Master bracing for rising production, shipping costs from war

TORONTO - The war in the Middle East will soon make your kid's favourite toys more expensive to produce and deliver to store shelves.

Spin Master Corp., the Toronto-based firm behind Paw Patrol, Gabby's Dollhouse and Ms. Rachel toys, said Thursday that a blockage of one of the region's key shipping routes is pushing up its freight, resin and packaging costs.

The impact has so far been minimal because the company had several contracts with suppliers that locked in commodity prices before the conflict began on Feb. 28.

But chief financial officer Jonathan Roiter said that will soon change.

Hanwha offers made-in-Canada military vehicles if it wins submarine deal

OTTAWA - South Korean defence manufacturer Hanwha says it's ready to build military vehicles in Canada in a partnership with the domestic auto sector, including mobile howitzers, rocket launch systems and infantry vehicles.

But that's only if it wins its bid to construct the Royal Canadian Navy's next fleet of submarines.

Hanwha said Wednesday it would forge a joint venture with the Automotive Parts Manufacturers’ Association to create a Canadian entity that would build a range of vehicles.

"It's not a secret Canada asked … 'Could you please take a look at the auto industry and understand what you can do?' They're under a tremendous amount of stress," said Glenn Copeland, CEO of Hanwha Defence Canada.

Elon Musk takes stand in trial vs. Sam Altman that could reshape AI’s future

OAKLAND, Calif. (AP) — Elon Musk, the Tesla CEO, world's richest man and OpenAI cofounder, took the stand Tuesday in a high-stakes trial revolving around a bitter feud with his former friend Sam Altman that could reshape the future development of artificial intelligence.

His testimony at the Oakland, California, federal courthouse kicked off a legal drama that is expected to brim with intrigue and potentially embarrassing details about the two tech moguls. Musk filed the lawsuit against Altman and his top lieutenant, Greg Brockman, along with Microsoft over its investments in OpenAI, in 2024.

“Fundamentally, I think they’re going to try to make this lawsuit ... very complicated, but it’s actually very simple,” Musk said. “Which is that it's not OK to steal a charity.”

The nine-person jury was selected Monday and the trial is scheduled to take three weeks.

West Kildonan 7-Eleven latest to close in city; crime the issue, area councillor says

Crime is again being blamed as another Winnipeg 7-Eleven convenience store has been shut down, adding to a growing list of closures across the city.

Elon Musk and OpenAI CEO Sam Altman head to court in high-stakes showdown over AI

OAKLAND, Calif. (AP) — Technology tycoons Elon Musk and Sam Altman are poised to face off in a high-stakes trial revolving around the alleged betrayal, deceit and unbridled ambition that blurred the bickering billionaires' once-shared vision for the development of artificial intelligence.

The trial, which started Monday with jury selection, centers on the 2015 birth of ChatGPT maker OpenAI as a nonprofit startup primarily funded by Musk before evolving into a capitalistic venture now valued at $852 billion.

The trial's outcome could sway the balance of power in AI — breakthrough technology that is increasingly being feared as a potential job killer and an existential threat to humanity's survival.

Those perceived risks are among the reasons that Musk, the world's richest person, cites for filing an August 2024 lawsuit that will now be decided by a jury and U.S. District Judge Yvonne Gonzalez Rogers in Oakland, California.

Court rules against Manitoba First Nation in barge battle with Crown corporation

A Manitoba judge has dismissed a request from Poplar River First Nation asking a federal Crown corporation be ordered to continue operating a barge on Lake Winnipeg, ruling the Court of King’s Bench does not have jurisdiction in the matter.

The federal government has been looking to divest itself of the Freshwater Fish Marketing Corp., which held a monopoly on fish marketing and sales in the country upon its creation in 1969. It has since lost economic power as provinces, including Manitoba, have opted out.

A government-appointed advisory council, established in 2018, recommended several years ago that regional fishing groups and processors, or an Indigenous economic development corporation, take the reins as a private, user-owned operation.

Poplar River is concerned the divestment will end the community’s use of the MV Poplar River barge, owned by the Crown corporation. The remote First Nation on the east shore of Lake Winnipeg relies on the barge to drive its economy through fishing.

Show your local independent bookstore some love

For avid readers and independent booksellers, Saturday might feel a bit like Christmas.

Winnipeg to host three-day World Indigenous Business Forum in late October, delegates can expect ‘Manitoba experience’

After playing host to the World Indigenous Business Forum around the world, founder Rosa Walker is bringing the annual conference to her home city for the first time.

Winnipeg will host this year’s event Oct. 26-28. The conference will bring together Indigenous entrepreneurs, leaders, innovators and allies from across the globe to share knowledge, build relationships and explore opportunities for economic growth and collaboration.

Since launching the conference in 2010 in New York City, Walker has held the event in places such as Namibia, Guatemala and New Zealand. This year marks the third time a Canadian city has hosted.

Indigenous Leadership Development Institute, Inc., Walker’s non-profit company, is hosting the conference in collaboration with Winnipeg Economic Development & Tourism.

Meta slashes 8,000 jobs, or 10% of its workforce, as Microsoft offers buyouts

Meta is laying off about 8,000 workers, or about 10% of its workforce, the company said Thursday as it continues to ramp up spending on artificial intelligence infrastructure and highly paid AI-expert hires.

The company said it was making the cuts for the sake of efficiency and to allow new investments in parts of its business, as first reported by Bloomberg, which also said the company will leave about 6,000 jobs unfilled.

Also Thursday, Microsoft said it was offering voluntary buyouts to thousands of its U.S. employees.

The software giant plans to make the offers in early May to about 8,750 people, or 7% of its U.S. workforce, according to two people familiar with the plan who were not authorized to speak about it publicly.

City failed to read the room before ditching Sals

If ever there were a moment to rethink how governments award contracts, this would be it.

Manitoba crypto companies say provincial plans would put them out of business

WINNIPEG - Manitoba's plan to charge cryptocurrency operations higher electricity rates and curtail power at peak times will drive businesses under, officials with two companies told a legislature committee.

"If this goes through, our business goes bankrupt and a lot of families will be impacted," Guildo Theriault, co-founder and chief executive officer of Gator Mining, told a committee hearing Wednesday night.

The government has introduced two bills in the legislature that are aimed at controlling the growing demand on Crown-owned Manitoba Hydro's electrical grid.

One bill would charge cryptocurrency operations and data centres up to 100 per cent higher rates for electricity. The other would allow Manitoba Hydro to temporarily reduce power to cryptocurrency operators at peak times in order to ensure stability of the grid.

High fuel prices driving up shipping costs for northern grocers

Whether it's Florida oranges, Colombian coffee or even homegrown items from another province, food has often travelled a long way before it reaches grocery stores in Canada.

The supply chain gets even longer for communities in the Far North.

Typically, groceries are loaded onto a truck and taken to a launch point in cities like Ottawa or Winnipeg. They're then flown, or shipped by sea, to finally reach the shelves of remote northern grocery stores.

It's an expensive journey. By the time groceries reach northern communities, the added transport costs mean items are priced significantly higher than what most Canadians pay at the grocery store — and even more for fresh and perishable produce.

After facing the death of its dominant newspaper, Pittsburgh’s media has a surprising turnaround

PITTSBURGH (AP) — In the space of a couple of weeks this spring, Pittsburgh media has lived through a near-death experience and a resurrection.

Owners of the Pittsburgh Post-Gazette last week announced the newspaper's sale to a nonprofit foundation that said it was committed to keeping it open. A news outlet that predates the U.S. Constitution was due to close on May 3, which would have made the Steel City the nation's largest community without a city-based paper.

Weeks earlier, the alternative Pittsburgh City Paper, whose staff learned on New Year's Day that it was closing after 34 years, roared back to life under new ownership.

They were rare positive developments for a local news industry that has seen its share of the opposite over the past two decades — newsrooms shuttered or thinned out, journalists thrown out of work, consumers drifting away. No one is pretending that a true turnaround will be easy in Pittsburgh. One thing that may help is that the city faced a news abyss and was forced to prepare for it.