
Owner of Robertson Trading surveys wildfire damage that burned historic building to the ground
Scott Robertson said the store held a lifetime's worth of Indigenous artwork, beadwork and history.
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CBC
28 minutes ago
- CBC
Nopiming business owners hope province will help shoulder losses from summer season cut short by wildfires
Business owners in an eastern Manitoba provincial park are glad to be reopening following more than a month of wildfire-induced closures, though they're shouldering thousands of dollars in lost revenue and wary their outdoorsy clientele might not rush back this summer. Earlier this month, the province announced tax deferrals for commercial operators that were impacted by wildfires, but one of the owners of Nopiming Lodge says there's concern that won't be enough to help them rebound right now. "We've taken quite a hit already," said Jesse Guenther, who owns and operates the lodge with his mother and brother. "It's going to be a lot less busy." A giant out-of-control wildfire ripped through the park, forcing evacuations in May. As of Friday, that fire remained 218,700 hectares in size — over four times the area of Winnipeg. "May is normally our busiest time, between the hunters and fishermen and everything, and people coming out camping," said Guenther. "So it's going to be a little tough to come back from that." Though the fire is still considered out of control, the southern portion of Nopiming Provincial Park was able to be reopened Wednesday for residents, cottagers and businesses. That includes areas along Provincial Road 315, as well as Bird, Booster, Flanders and Davidson lakes. Closures and mandatory evacuation orders remain in place for the rest of Nopiming, according to the Manitoba government's Friday wildfire update. Tulabi Falls and Bird Lake campgrounds will stay closed until at least June 26. Tulabi has 41 campsites and six yurts, with on average 3,862 nights stayed each year from May through October, while Bird Lake has 27 campsites and on average over 900 nights reserved, according to a provincial spokesperson. Beresford and Black Lake campgrounds will stay closed for the rest of the season, as will Shoe Lake, water routes in Nopiming and all backcountry locations hit by wildfires. 'Prime time is short': lodge owner But as the southern part of the park reopened this week, the Guenthers hurried back to their lodge, to do whatever they could to get back up and running. "Our amount of prime time is short — it's May to August, or May to September, and we need to get as much business as we can in them," Brenda Guenther, Jesse's mother, told CBC News in Nopiming on Thursday. The business relies not only on bookings, but also a raft of associated revenue streams, like boat and canoe rentals, which the family fears will suffer a slump due to backcountry closures. They also anticipate a drop in sales of firewood, bagged ice and other ancillary sources of cash flow due to the overall drop in traffic through the area. All told, the Guenthers expect to lose at least $60,000 this season. "It's the living for my boys and me," said Brenda. "This is their home. This is everything they've been doing forever." The head of the Manitoba Lodges and Outfitters Association thinks the provincial tax deferrals will be helpful down the line, but says the government may need to do more in the short term to keep small businesses afloat. "Any help is much appreciated, but they're still going to have to pay taxes eventually," said executive director Don Lamont. "We've got to try and find some financial support in other places for them. Otherwise, there's going to be quite a few people that close their doors." Jesse Guenther, meanwhile, is hopeful that as the forest regrows, and provincial crews clear out burned brush and deadfall hazards from public-access areas, that the local cottage industry will bounce back. But he worries it could take a couple of years for visitor levels to return to normal. He welcomes more help from the province for businesses. "If they're able to in some way, shape or form, that would be something I would be open [to]" he said. "At the end of the day, we're just thankful to be back." Manitoba 211 by calling 211 from anywhere in Manitoba or email 211mb@


Globe and Mail
35 minutes ago
- Globe and Mail
Why Centrus Energy Stock Leaped 5% Higher Today
Centrus Energy (NYSEMKT: LEU) attracted the right kind of energy on the stock exchange Friday. The company's shares closed that session 5% higher, after it published news of an important contract renewal. That pop looked particularly impressive when matched against the S&P 500 's (SNPINDEX: ^GSPC) trajectory, which dipped into the red with a 0.2% decline. An energetic extension Before market open that morning, Centrus divulged that the U.S. Department of Energy (DoE) exercised its option to extend the company's contract to produce for it high-assay, low-enriched uranium (HALEU). The extension now runs through June 30, 2026. HALEU is a type of nuclear fuel that has a level of enrichment considered most suitable for current nuclear reactor technology, including the small nuclear reactors (SMRs) that have recently come into vogue. In what's probably not a coincidence, Centrus' latest news comes barely a week after its business partner Oklo was tapped to build and operate a nuclear plant to supply heat and electricity to an Air Force base in Alaska. The two companies have a memorandum of understanding (MOU) in place for Centrus to supply HALEU for Oklo's projects. The trend is its friend In its press release on the contract extension, Centrus added that the DoE holds options for further extensions to the existing contract. It could opt to keep Centrus's HALEU supply going for as much as a further eight years. So it's not only good news that a major business for the company has a longer runway, but it's looking for more as time goes by. Assuming President Trump's embrace of nuclear energy remains in place (and possibly outlives his administration), Centrus will be in a very good position indeed. Should you invest $1,000 in Centrus Energy right now? Before you buy stock in Centrus Energy, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Centrus Energy wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $659,171!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $891,722!* Now, it's worth noting Stock Advisor 's total average return is995% — a market-crushing outperformance compared to172%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025


Cision Canada
36 minutes ago
- Cision Canada
House of Commons passes One Canadian Economy Act Français
OTTAWA, ON, June 20, 2025 /CNW/ - Canada's new government has a mandate to build big, build bold, and build now. Today, the Prime Minister, Mark Carney, welcomed the passing in the House of Commons of Bill C-5, One Canadian Economy Act. The legislation will build one strong Canadian economy by: Removing federal barriers to internal trade and labour mobility, helping goods, services, workers, and businesses move freely across provinces and territories. Expediting nation-building projects that will connect and transform our country and unleash economic growth while ensuring environmental protections and Indigenous rights are upheld. Working with Indigenous Peoples through consultation and engagement to build shared prosperity. Taken together, these measures will create and connect Canadians to good-paying careers and more prosperity. The Prime Minister shared an update on this work with the premiers of the provinces and territories during their meeting earlier today. The leaders agreed to stay in close contact as they reinforce Canada's strength at home. Indigenous partnership is a critical component of this legislation, and fulsome consultation will be pivotal to the success of future projects. The Government of Canada is committed to respecting the rights of Indigenous Peoples recognized and affirmed by section 35 of the Constitution Act, 1982 and the rights set out in the United Nations Declaration on the Rights of Indigenous Peoples. To this end, Prime Minister Carney will be meeting with First Nations, Inuit, and Métis over the coming weeks. Bill C-5 now moves to the Senate for consideration and brings us one step closer to removing federal barriers to free trade by Canada Day. Quotes "Today's passing of Bill C-5, One Canadian Economy Act, will remove trade barriers, expedite nation-building projects, and unleash economic growth, with Indigenous partnership at the centre of this growth. It's time to build big, build bold, and build now. As Canadians, we can give ourselves more than any foreign nation can ever take away." — The Rt. Hon. Mark Carney, Prime Minister of Canada "The adoption of Bill C-5 by the House of Commons is a crucial step in building one Canadian economy and getting big projects built faster. Thank you to colleagues who supported this legislation – you are helping build a stronger Canada." — The Hon. Dominic LeBlanc, President of the King's Privy Council for Canada and Minister responsible for Canada-U.S. Trade, Intergovernmental Affairs and One Canadian Economy "This legislation is about building a stronger, more united Canada. Let's build trust, tear down internal trade barriers, and create one single economy – from coast to coast to coast. Together, we're building a stronger Canada, for everyone." — The Hon. Chrystia Freeland, Minister of Transport and Internal Trade "I am pleased to see the One Canadian Economy Act achieve this milestone. This Act means we are no longer asking 'Why build?', but instead 'How do we get it done?'. We are removing barriers, leveraging Canada's resources and talented workers, centring Indigenous consultation and equity, and continuing to fight climate change – all to get building and to become an energy superpower. In the new economy we are building, Canada will be defined by delivery, not delay." — The Hon. Tim Hodgson, Minister of Energy and Natural Resources "Indigenous Peoples' voices are at the table where discussions are happening, and decisions are made. This government understands that Indigenous Peoples have the right to determine their future. As the first Indigenous Minister of Indigenous Services, I understand the importance of relationship moving forward – and I am pleased to see the Prime Minister has determined this as a priority and a critical part of the work ahead." — The Hon. Mandy Gull-Masty, Minister of Indigenous Services