Producers warn of existential threat amid falling demand, climate challenges and urgent calls for government intervention in 2026 budget

Business owners call for local and federal support to address rising costs and declining sales.

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An American company, Central Moloney Inc., has announced plans to close its Fraser Valley industrial plant in Chilliwack, British Columbia, which was acquired two years ago. The closure, expected by the end of August 2026, will result in the loss of 43 jobs. Cam Tran, the company that previously operated the plant, manufactures and repairs transformers, with BC Hydro as one of its key clients. The decision to consolidate Canadian operations has raised concerns among local workers and government officials. British Columbia’s Energy Minister Adrian Dix emphasized the importance of securing transformer supplies for the province’s energy grid while expressing worry about the impact on workers. The B.C. government is reportedly considering its options ahead of a meeting between Central Moloney Inc. and BC Hydro’s CEO. While the company claims it will continue operations at five other Canadian facilities, the closure highlights broader economic challenges, including job losses in the manufacturing sector. The situation also reflects ongoing tensions between corporate restructuring and maintaining local employment, with policymakers facing pressure to balance economic efficiency with workforce protection. This development adds to a growing list of industrial shifts in Canada, raising questions about the long-term effects on regional economies and labor markets.

The president told reporters the Kennedy Center has been "very badly maintained for 45 years," said it has lost "tens of millions" or "hundreds of millions," and suggested the federal government could subsidize and "fix" the institution if his administration were to take it on.

When asked whether he instructed 'Secretary Betton' to intervene in the bond market, the presenter said he did not direct intervention, praised Betton's capabilities and described a range of 'types of intervention.'

Mike Goetz, mayor of Merritt, British Columbia, has formally requested federal intervention to prevent the ongoing closures of emergency rooms in the region, which are exacerbating challenges for firefighters and evacuees during wildfires. The closures, which have reached their 10th scheduled shutdown of the year, are causing significant strain on healthcare access for first responders and displaced residents. Goetz highlighted the critical need for 24-hour medical care for firefighters working on wildfires, emphasizing that delays due to ER closures could be life-threatening. The mayor criticized both provincial and federal responses, accusing the B.C. government of inadequate communication and lack of action. With over 13,000 residents evacuated from Summerland due to recent wildfires, Merritt is sheltering hundreds of evacuees and firefighters. Goetz has also billed the provincial government for service interruptions, calling for a higher-level review of the crisis. Federal Health Minister Marjorie Michel has acknowledged the issue, stating she is monitoring the situation closely. The controversy underscores broader concerns about healthcare access in rural areas and the impact of climate-related emergencies on public services.

The article explores Australia's recurring housing challenges throughout history, emphasizing the role of government intervention in addressing social and economic inequities. It highlights key moments such as early public housing projects in Sydney's Rocks district during the bubonic plague outbreak and the post-WWII Commonwealth Housing Commission initiatives that aimed to provide housing as a 'right' rather than an investment. These policies, though limited in scope, significantly improved access to affordable housing for working-class families, contributing to rising home ownership rates. However, subsequent reductions in public housing funding led to persistent waiting lists. The piece underscores the importance of recognizing housing's social value and how past interventions inform current debates on tax reforms and fiscal responsibility. It also notes the ongoing struggle between market forces and government intervention, with recent policies seeking to balance these dynamics to ensure equitable access.

Regional air routes in New Zealand are facing significant challenges due to rising fuel costs, economic pressures, and the 'thin-route' problem where flights are unprofitable. Air New Zealand has cut services, prompting calls for government support. The article explores the impact on communities reliant on these routes and compares New Zealand's situation to international examples like Canada and the US. Solutions proposed include targeted subsidies, route restructuring, and public-private partnerships. The piece highlights the tension between maintaining essential connectivity and the financial viability of regional aviation, emphasizing the need for balanced policy to ensure access without compromising service sustainability.

Council discusses housing market impacts from COVID-19 and developer experiences in Neenah.

Ontario takes control of Peel District School Board amid deficits, impacting 1,400 students and halting teacher layoffs.

Parental rights bill aims to strengthen parents' control over child-rearing amid government interests.

One of the most gripping financial stories in decades, delivers a blow-by-blow account of the epochal economic crisis that brought the world to the brink. Through unprecedented access to the players involved, Andrew Ross Sorkin re-creates all the drama and turmoil of those turbul...

The Chancellor’s attempt to intervene in a significant UK car finance case has been heavily criticized by Bobby Dean, a member of the Treasury Committee. Dean called the intervention ‘unprecedented…

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