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Newspaper
Medicine Hat News
Location
Medicine Hat, Alberta, Canada
Date
Jun 30, 2015
Page
2
The city plans a $66 million LM 6000 GE generator to raise output beyond 203 MW with a 30 percent contingency. Regulatory approval followed AUC consent after 2014 open houses and a 2017 grid tie-in near Cousins West.
Wildrose Leader Brian Jean criticizes the 50 percent minimum wage rise for lacking an economic impact study. The policy could cost 50,000 to 183,000 jobs and raise youth unemployment by 14 to 28 percent, while Ontario pulls ahead in highest wage brackets. Redi Enterprises warns wage grids will shift. contractors may renegotiate. Alberta Liberal David Swann urges tax relief for small firms and an impact analysis before further changes.
Global investors react as Greece faces a referendum on euro membership. US stocks fall with the Dow down 350 points and the S P 500 off 43, while Europe’s Stoxx 50 and Germany’s DAX drop. Officials warn of contagion risks and a possible euro crisis amid Greece’s debt woes.
Canmore Alberta investigators confirm a gas leak caused a massive blast near Bow River Seniors Lodge. Three hospitalised with non life threatening injuries, 40 treated on scene, and 18 homes affected as housing, safety and reentry concerns complicate the investigation by Occupational Health and Safety and local fire officials.
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