As feds consider Bombardier’s plea, Notley calls on Ottawa to support Alberta + MORE Feb 22nd

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OTTAWA – With the federal government considering aid for aerospace giant Bombardier — Alberta Premier Rachel Notley is calling for more support in her province.
Notley told CTV’s Question Period Sunday that all Canadians benefit from a strong Alberta economy — which is struggling amid stubbornly low energy prices.
She says wants Ottawa to adjust the employment insurance program to broaden access for laid-off energy workers and extend how long benefits are available.
Notley also says the federal government must follow through with its pledge to provide a robust injection of infrastructure spending as a way to create jobs and boost the economy.
She says Ottawa should also build an integrated, nationwide energy strategy that will ensure Alberta products get to tidewater in an environmentally responsible way.
The Montreal-based manufacturer Bombardier is seeking financial aid from Ottawa for its troubled CSeries aircraft line — which is behind schedule and over budget.
The post As feds consider Bombardier’s plea, Notley calls on Ottawa to support Alberta appeared first on Canadian Business – Your Source For Business News.

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BEIJING, China – Asian stock markets rebounded Monday as investors looked to this week’s meeting of finance ministers from major economies for reassurance about threats to global growth.
KEEPING SCORE: Hong Kong’s Hang Seng index added 1.1 per cent to 19,848.52 points and the Shanghai Composite Index rose 1 per cent to 2,887.28. Tokyo’s Nikkei 225 gained 0.6 per cent to 16,059.98 and Sydney’s S&P/ASX 200 advanced 0.8 per cent to 4,994.50. Seoul’s Kospi added 0.1 per cent to 1,918.00 and Singapore and Jakarta also advanced. New Zealand and Taiwan declined. On Friday on Wall Street, the Dow Jones industrial average declined 0.1 per cent and the Standard & Poor’s 500 index lost a fraction of a point. The Nasdaq composite index added 0.4 per cent.
FINANCE MEETING: Investors are hoping this week’s meeting of finance ministers from the Group of 20 major rich and developing economies will spur moves to shore up global growth. Japan’s centre bank governor has called for the officials meeting Friday and Saturday in Shanghai to commit to co-ordinated action…

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Where Obama Fails on Iran Sanctions, the Gulf States Can Step InSaudi Arabia and its allies have potent financial weapons to deploy. Some are already kicking in.

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The Globe and MailLondon mayor's Brexit push a major blow to PM's bid to keep Britain in EUThe Globe and MailChances that Britain will exit the European Union were given a boost Sunday when one of the country's most prominent politicians announced he would campaign in favour of leaving the 28-nation club. London's charismatic mayor Boris Johnson, who is also …UK must be 'brave' enough to vote to leave European Union, London mayor Boris Johnson saysNational PostCameron's European Sojourn: The Referendum on Brexit is NighCenter for Research on GlobalizationBoris Johnson joins campaign to leave EUThe GuardianBBC News -The Australian Financial Review -Pensions & Investmentsall 1,332 news articles »

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Weak growth, oil slump and stretched consumers to restrain profits as banks begin reporting this week

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