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🗳️ Gag order
Federal bill raises the ire of Eyre, BoC cuts interest rates, ,and a look at Saskatoon-Willowgrove
June 6, 2024 | Advertise with us
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Here’s The SKoop for Thursday, June 6:
A federal bill raises the ire of Eyre,
Bank of Canada cuts interest rates, and
A look at Saskatoon-Willowgrove.
Today’s Top Stories
Eyre expresses ‘alarm’ over federal bill
Saskatchewan Minister of Justice Bronwyn Eyre expressed concern on Wednesday over Bill C-59, part of the federal government’s Fall Economic Statement Implementation Act, 2023.
Eyre said that the Act could allow environmental activists to bring applications before the Competition Tribunal, potentially leading to fines up to $15 million for companies that advertise their sustainability records without adequate substantiation. Eyre called it a “gag order” on companies.
Eyre criticized the bill for imposing vague and subjective requirements, which place the full burden of proof on companies. She emphasized that the bill was rushed through without consulting provinces, and warned it could deter companies from making environmental claims or pursuing positive climate actions due to the excessive risks involved.
The Saskatchewan government is currently exploring all options to challenge Bill C-59, including invoking the Saskatchewan First Act. The bill is currently at second reading before the Canadian Senate.
The news comes during this week’s Oil and Gas Show in Weyburn.
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Bank of Canada lowers interest rate amid economic slowdown
The Bank of Canada has reduced its key interest rate by 25 basis points, setting it at 4.75%.
This marks the first rate cut since the pandemic began, reflecting a response to slower economic growth and easing inflation. Bank Governor Tiff Macklem stressed the need for a cautious approach due to ongoing risks like geopolitical tensions and rising housing prices.
Federal Finance Minister Chrystia Freeland praised the move, attributing it to the government’s economic strategies aimed at fostering growth and stability.
Conservative leader Pierre Poilievre has said in the past that, if he is elected as Prime Minister, he will fire Macklem and replace him at the Bank of Canada.
Political strategist and commentator Scott Reid said the rate cut news is “the most important political story in months”.
The most important political story in months is this interest rate cut. A rare splash of hope for Trudeau - esp when you map the rise of interest rates against the rise of CPC polling numbers. But politics, like economics often lags reality. Libs can't appear to be celebratory
— Scott Reid (@_scottreid)
3:10 PM • Jun 5, 2024
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Constituency Profile Series: Sponsored by Saskatchewan Urban Municipalities Association (SUMA)
SUMA represents over 80% of Saskatchewan residents —cities, towns, villages, resort villages, and northern municipalities—that come together as one urban voice.
We’ve been here since 1905, advancing collective member interests with various government bodies, improving local governance, and fostering municipal growth. We are the hubs where you live, work, and play. We're where your children go to school, where you attend medical appointments at the clinic, and where you stop for coffee.
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NDP candidate Alana Wakula, and Sask. Party’s Ken Cheveldayoff
Each week leading up to the 2024 election, The SKoop Political Briefing will highlight a constituency that has nominated a candidate from at least both major parties. Today, we look at Saskatoon Willowgrove.
The incumbent: Ken Cheveldayoff was first elected in 2003 and is the only MLA from the class of ‘03 running again. He has served in various cabinet and legislative roles in the past and ran for leader in 2018.
The challenger: The NDP held a contested nomination won by Alana Wakula. She is a Saskatoon-based lawyer.
The takeaway: This seat will likely go to the Saskatchewan Party. Upsetting an incumbent is never an easy task, and ‘Chevy’ has well-established roots in the community and has high name recognition. He has held this riding since 2003, which would make him the longest-serving Sask. Party MLA if he were to be re-elected.
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More news and info
Regina to address downtown security with new alternate response officers (Global News)
Hospitals of Regina Foundation apologizes for Rob Schneider’s set at fundraiser (CTV News)
Little transparency for Saskatchewan’s industrial carbon levy program: auditor (Canadian Press)
Ontario educator named new Director and CEO of Regina Public Schools (Regina Leader-Post)
2024 Election Candidate Tracker
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