Stelco Lake Erie Works
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Stelco Lake Erie Works
''Stelco Lake Erie Works'' is a greenfield steel mill located in Nanticoke, Ontario, Canada. All the employees who work for this operation are unionized by United Steelworkers Local 8782; which is a local that is exclusive to the employees of the former Stelco Lake Erie Works. The site has been a source of jobs for many people in both Haldimand County and Norfolk County for more than 30 years. Ever since the first elements of steel were manufactured during the summer of 1980, this steel mill has produced materials for major industrial workplaces like General Motors and the other major North American manufacturing companies. The plant was shut down in March 2009 by US Steel Canada as its major auto customers saw car sales fall 28% in Feb. The plant was not reopened until near the end of April 2010. Another lockout occurred in late April 2013 after the company had made a final offer to settle on 15 April. This shutdown finally ended on 1 September 2013 with the steelworkers union ...
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Nanticoke, Ontario
Nanticoke is an unincorporated community and former city located on the western border of Haldimand County, Ontario, Canada. Nanticoke is located directly across Lake Erie from the US city of Erie, Pennsylvania. Summary Unlike the majority of Haldimand or Norfolk County, Nanticoke is a highly industrialized community. This community is southeast of Simcoe in neighbouring Norfolk County and south of Brantford. Nanticoke's residential area is bordered on the west by the Nanticoke Industrial Park, home to the Stelco Lake Erie Works and a number of smaller businesses, includinCharles Jones Industrial ESM, and Air Products. The neighbouring Nanticoke Refinery on the northeast and the former (demolished in 2019) Nanticoke Generating Station on the southeast are not part of the Industrial Park land, although this is frequently confused due to their proximity. One of Nanticoke's nearby natural landmarks is Peacock Point, which is composed of modest working class houses. One of the close ...
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Hydroelectricity
Hydroelectricity, or hydroelectric power, is Electricity generation, electricity generated from hydropower (water power). Hydropower supplies one sixth of the world's electricity, almost 4500 TWh in 2020, which is more than all other Renewable energy, renewable sources combined and also more than nuclear power. Hydropower can provide large amounts of Low-carbon power, low-carbon electricity on demand, making it a key element for creating secure and clean electricity supply systems. A hydroelectric power station that has a dam and reservoir is a flexible source, since the amount of electricity produced can be increased or decreased in seconds or minutes in response to varying electricity demand. Once a hydroelectric complex is constructed, it produces no direct waste, and almost always emits considerably less greenhouse gas than fossil fuel-powered energy plants.
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The Globe And Mail
''The Globe and Mail'' is a Canadian newspaper printed in five cities in western and central Canada. With a weekly readership of approximately 2 million in 2015, it is Canada's most widely read newspaper on weekdays and Saturdays, although it falls slightly behind the ''Toronto Star'' in overall weekly circulation because the ''Star'' publishes a Sunday edition, whereas the ''Globe'' does not. ''The Globe and Mail'' is regarded by some as Canada's " newspaper of record". ''The Globe and Mail''s predecessors, '' The Globe'' and ''The Mail and Empire'' were both established in the 19th century. The former was established in 1844, while the latter was established in 1895 through a merger of ''The Toronto Mail'' and the ''Toronto Empire''. In 1936, ''The Globe'' and ''The Mail and Empire'' merged to form ''The Globe and Mail''. The newspaper was acquired by FP Publications in 1965, who later sold the paper to the Thomson Corporation in 1980. In 2001, the paper merged with broadcast ...
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Canadian Geographic
''Canadian Geographic'' is a magazine published by the Royal Canadian Geographical Society, (RCGS) based in Ottawa, Ontario. History and profile After the Society was founded in 1929, the magazine was established the next year in May 1930 under the name ''Canadian Geographical Journal''. The Society's objective was to produce a popular magazine primarily focusing on Canadian geography. The first editor was Charles Camsell, since 1915 a fellow of the British Royal Geographical Society, as well as a geologist who had been responsible for mapping large parts of Northern Ontario, Manitoba and the Yukon. Originally published out of Montreal, Quebec, the magazine is now headquartered in Ottawa, Ontario. The magazine adopted its current title in 1978. Typically the magazine contains articles on physical, historical, political and environmental geography, illustrated with photographs, illustrations and maps. Controversial subjects such as acid rain, clear-cut logging, vanishing ...
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Hamilton Spectator
''The Hamilton Spectator'', founded in 1846, is a newspaper published weekdays and Saturdays in Hamilton, Ontario, Canada. One of the largest Canadian newspapers by circulation,''The Hamilton Spectator'' is owned by Torstar. History ''The Hamilton Spectator'' was first published July 15, 1846, as ''The Hamilton Spectator and Journal of Commerce''. Founded by Robert Smiley and a partner, the paper was sold in 1877 to William Southam, who founded the Southam newspaper chain and made the ''Spectator'' the first of the chain. The Southam chain was sold in 1998 to Conrad Black, who in turn sold off ''The Hamilton Spectator'' to Toronto-based Sun Media. In 1999, the ''Spectator'' was sold for a third time to Torstar Corporation. On May 26, 2020, its parent company, Torstar, agreed to be acquired by NordStar Capital, a private investment firm. The deal was expected to close by year end. Publication ''The Hamilton Spectator'' is published six days a week by Metroland Media Group, a ...
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Cost Of Living
Cost of living is the cost of maintaining a certain standard of living. Changes in the cost of living over time can be operationalized in a cost-of-living index. Cost of living calculations are also used to compare the cost of maintaining a certain standard of living in different geographic areas. Differences in cost of living between locations can be measured in terms of purchasing power parity rates. Definition Cost of living is the cost of maintaining a certain standard of living. Changes in the cost of living over time can be operationalized in a cost-of-living index. Cost of living calculations can be used to compare the cost of maintaining a certain standard of living in different geographic areas. Differences in cost of living between locations can be measured in terms of purchasing power parity rates. Cost-of-living adjustment (COLA) Employment contracts and pension benefits can be tied to a cost-of-living index, typically to the consumer price index (CPI). A ...
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Economy Of Canada
The economy of Canada is a highly developed mixed-market economy. It is the 8th-largest GDP by nominal and 15th-largest GDP by PPP in the world. As with other developed nations, the country's economy is dominated by the service industry which employs about three quarters of Canadians. Canada has the third-highest total estimated value of natural resources, valued at US$33.98 trillion in 2019. It has the world's third-largest proven oil reserves and is the fourth-largest exporter of crude oil. It is also the fifth-largest exporter of natural gas. According to the Corruption Perceptions Index, Canada is perceived as one of the least corrupt countries in the world, and is one of the world's top ten trading nations, with a highly globalized economy. , Canada is ranked 15th on The Heritage Foundation's index of economic freedom. Its average household disposable income per capita is "well above" the OECD average. The Toronto Stock Exchange is the eighth-largest stock exc ...
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Investment Canada Act
The Investment Canada Act (ICA) is a Canadian federal law governing large foreign direct investment in Canada. The ICA was one of the first acts of Brian Mulroney's newly elected Progressive Conservative government, receiving royal assent on 20 June 1985. It has been amended at various times, including recently the Economic Action Plan 2013 Act. Pertinent regulations include the Investment Canada Regulations, SOR/85-611. The Act empowers the government to forbid foreign investments of "significant" size if they do not present a "net benefit to Canada." As of 2017, Canadian policy is to consider over $1 billion "significant." The determination of what substantially constitutes the locus of control of a corporation is governed by the Canadian Ownership and Control Determination Act. History The Act was intended to signal Canada's openness to foreign investment and coincided with a narrowed mandate of the Foreign Investment Review Agency (FIRA), which was renamed Investment Ca ...
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Parliament Of Canada
The Parliament of Canada (french: Parlement du Canada) is the federal legislature of Canada, seated at Parliament Hill in Ottawa, and is composed of three parts: the King, the Senate, and the House of Commons. By constitutional convention, the House of Commons is dominant, with the Senate rarely opposing its will. The Senate reviews legislation from a less partisan standpoint and may initiate certain bills. The monarch or his representative, normally the governor general, provides royal assent to make bills into law. The governor general, on behalf of the monarch, summons and appoints the 105 senators on the advice of the prime minister, while each of the 338 members of the House of Commons – called members of Parliament (MPs) – represents an electoral district, commonly referred to as a ''riding'', and are elected by Canadian voters residing in the riding. The governor general also summons and calls together the House of Commons, and may prorogue or dissolve Parliament, ...
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Hamilton, Ontario
Hamilton is a port city in the Canadian province of Ontario. Hamilton has a population of 569,353, and its census metropolitan area, which includes Burlington and Grimsby, has a population of 785,184. The city is approximately southwest of Toronto in the Greater Toronto and Hamilton Area (GTHA). Conceived by George Hamilton when he purchased the Durand farm shortly after the War of 1812, the town of Hamilton became the centre of a densely populated and industrialized region at the west end of Lake Ontario known as the Golden Horseshoe. On January 1, 2001, the current boundaries of Hamilton were created through the amalgamation of the original city with other municipalities of the Regional Municipality of Hamilton–Wentworth. Residents of the city are known as Hamiltonians. Traditionally, the local economy has been led by the steel and heavy manufacturing industries. During the 2010s, a shift toward the service sector occurred, such as health and sciences. Hamilton is ho ...
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Greater Toronto Area
The Greater Toronto Area, commonly referred to as the GTA, includes the City of Toronto and the regional municipalities of Durham, Halton, Peel, and York. In total, the region contains 25 urban, suburban, and rural municipalities. The Greater Toronto Area begins in Burlington in Halton Region, and extends along Lake Ontario past downtown Toronto eastward to Clarington in Durham Region. According to the 2021 census, the Census Metropolitan Area (CMA) of Toronto has a total population of 6,202,225. However, the Greater Toronto Area, which is an economic area defined by the Government of Ontario, includes communities which are not included in the CMA as defined by Statistics Canada. Extrapolating the data for all 25 communities in the Greater Toronto Area from the 2021 Census, the total population for the economic region included 6,712,341 people. The Greater Toronto Area is a part of several larger areas in Southern Ontario. The area is also combined with the city of Hamilton to ...
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Great Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. One result was a serious disruption of normal international relations. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. ...
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