Delays plans to balance provincial budget for a year.
Vector Aerospace will repay about $4 million from the province over a 15-year term to expand operations.
Provincial government is providing Souris Harbour Authority Inc. with a $2 million loan to buy the facility.
Was seeking almost $10 million of an unsecured loan after plant closure.
Atlantic Provinces Economic Council predicts modest economic gains in 2015.
Drilling ships contract will create 50 jobs.
$4.5M project will expand fabrication shop and to purchase automated equipment to increase production capacity.
The provinces want to make it less financially onerous for small business to participate in the program.
Ontario isn’t the only province pushing to boost maximum to CPP contributions to $23,400 from $12,150 – PEI is also on-board.
Under new rules, those who claim EI frequently will need to prove they’re actively seeking work.
Red Tape Report Card says province has made no progress in eliminating bureaucratic burden for small business.
Growth will come from an improved education system and better training opportunities.