| Canada Economic Development for Quebec Regions
| media advisories
Representatives of the media are invited to a news conference during which the Honourable Denis Lebel, Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec, will make an announcement concerning three community facilities in the Maria-Chapdelaine Regional County Municipality (RCM).
Rodney Weston, Member of Parliament for Saint John, and Greg Kerr, Member of Parliament for West Nova, on behalf of the Honourable Lisa Raitt, Minister of Transport, today launched the process to choose a name for the replacement vessel for the MV Princess of Acadia, which serves the Saint John, New Brunswick to Digby, Nova Scotia ferry route.
| Indigenous and Northern Affairs Canada
| news releases
Earl Dreeshen, Member of Parliament for Red Deer, on behalf of the Honourable Bernard Valcourt, Minister of Aboriginal Affairs and Northern Development, announced support to the Red Deer Native Friendship Society for a project aimed at helping increase the participation of urban Aboriginal people living in Red Deer in the local economy.
| Federal Economic Development Agency for Southern Ontario
| backgrounders
Through FedDev Ontario's Investing in Business Innovation initiative, the Harper Government is providing Ontario Centres of Excellence (OCE) with an investment of up to $9 million to expand its SmartStart Seed Fund (SmartStart). SmartStart supports entrepreneurs in Ontario with technology or innovation-based start-ups.
| Federal Economic Development Agency for Southern Ontario
| news releases
More entrepreneurs in southern Ontario will benefit from support through Ontario Centres of Excellence's (OCE) SmartStart Seed Fund (SmartStart), thanks to an investment of up to $9 million announced today by FedDev Ontario Minister Gary Goodyear.
The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent. This decision is in response to the recent sharp drop in oil prices, which will be negative for growth and underlying inflation in Canada.