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Prepare for wave of evictions as rent comes due, Ontario NDP warns

TORONTO — As rent cheques come due, some are warning that Ontarians should prepare for a wave of evictions now that protections put in place earlier in the COVID-19 pandemic have been lifted.

The Opposition New Democrats say that because the provincial state of emergency has ended, evictions can start back up again today.

The NDP also says newly passed legislation, Bill 184, makes it easier for landlords to evict tenants who fall behind on a repayment plan.

The governing Progressive Conservatives have said the bill will help, not harm, tenants. 

A spokeswoman for the premier says the bill “reinforces to landlords the necessity of exploring repayment agreements and maintaining tenancies – rather than resorting to evictions.”

Ivana Yelich says eviction orders going out now are mostly ones that were pending before the pandemic began.

This report by The Canadian Press was first published Aug. 1, 2020.

 

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Feds earmark $3.3B for provinces, territories for COVID-19 infrastructure

OTTAWA — The federal government is moving ahead with plans to make it easier for provinces and territories to spend billions of dollars on infrastructure projects to address the challenges posed by COVID-19.

Infrastructure Minister Catherine McKenna says $3.3 billion out of the $33 billion that Ottawa has previously promised in matching funds for provincial and territorial projects will be available for projects related to the pandemic.

Those projects include retrofits to public buildings such as schools and long-term care facilities, measures related to physical distancing such as new bike and walking paths and those designed to protect against floods and wildfires.

McKenna says the federal government plans to introduce a faster application process for provinces and territories to apply for federal funds, with Ottawa footing up to 80 per cent of the bills for approved projects.

The new approach comes as most provinces are looking at re-opening schools in the next month and trying to guard against new outbreaks of COVID-19 at nursing homes.

While the measure is expected to be welcomed by provinces and territories, each must sign an agreement with the federal government before it can apply for funding.

This report by The Canadian Press was first published Aug. 5, 2020.

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Calgary Zoo worried about giant pandas as bamboo supply running out

CALGARY — Time and food supplies are running out for two giant pandas at the Calgary Zoo.

Er Shun and Da Mao arrived in Calgary in 2018 after spending five years at the Toronto Zoo and were to remain in the Alberta city until 2023.

Calgary Zoo president Clement Lanthier says the facility spent months trying to overcome transportation barriers in acquiring fresh bamboo and decided in May that it was best for the animals to be in China, where their main food source is abundant.

But he says the Zoo hasn’t been able to approve international permits, as the COVID-19 pandemic created changes to import laws and animal quarantine facilities.

Lanthier says the continued travel delay is putting the health and welfare of the animals in jeopardy.

He says the zoo is only able to source fresh bamboo reliably from British Columbia, and that supply is expected to run out in September.

This report by The Canadian Press was first published on Aug. 5, 2020

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Ontario

Norbord: 2Q Earnings Snapshot

TORONTO (AP) _ Norbord Inc. (OSB) on Wednesday reported second-quarter net income of $18 million, after reporting a loss in the same period a year earlier.

The Toronto-based company said it had profit of 22 cents per share. Earnings, adjusted for non-recurring costs, came to 38 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share.

The wood-based panel producer posted revenue of $421 million in the period.

Norbord shares have risen 17% since the beginning of the year. The stock has climbed 48% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OSB at https://www.zacks.com/ap/OSB

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