Finance Ministers Meet in Halifax

Posted On Oct 22 2019 by

first_imgNova Scotians are counting on the federal government to keep itsword on investing more in health care, Finance Minister PeterChristie said today, Jan. 21, after a meeting with federalFinance Minister Ralph Goodale in Halifax. “Nova Scotia is the first province in Canada to guarantee new,increased dollars to our hospitals with multi-year funding,” saidMr. Christie. “Our patients and health-care workers need Ottawato make that same level of commitment to health care.” Last year, the federal government committed an additional $2billion for health care, which still falls short of the fundingrecommended in the federal government’s Romanow report. Mr. Christie also highlighted the need for an enhancedequalization program to help protect priority services likehealth and education. “Nova Scotians deserve the same level ofservices as other Canadians and the way to ensure that happens isto restore fairness to the equalization program.” Mr. Christie also urged Ottawa to pass regulations granting NovaScotia Crown share payments from the offshore. He said that,under the 1986 Canada-Nova Scotia Offshore Accord and the 1988Canada Act, Nova Scotia is entitled to these payments.last_img read more

JP Morgan precious metals traders charged

Posted On Oct 7 2019 by

NEW YORK — Two current traders and one former trader in the New York offices of JPMorgan are charged with manipulating the precious metals futures market.The Justice Department announced an indictment Monday against Gregg Smith of Scarsdale, New York; Michael Nowak of Montclair, New Jersey; and Christopher Jordan of Mountainside, New Jersey.New York FBI official William F. Sweeney Jr. says the men are accused of an eight-year scheme to trade precious metals in a way that negatively affected “the natural balance of supply-and-demand.”JPMorgan declined to comment. An attorney who represented Nowak in a related civil case didn’t immediately respond to an email message. The names of Smith’s and Jordan’s lawyers weren’t immediately available.They were awaiting court appearances in New York and New Jersey. The federal indictment was issued in Illinois.The Associated Press read more