Winter plans clash at Halifax council

Councillors frustrated with staff over snow-clearing proposals BRETT BUNDALE HALIFAX CITY HALL bbundale@herald.ca @bbundale July 16, 2015 – The Chronicle Herald Halifax councillors blasted senior municipal staff Wednesday over proposed snow- and ice-clearing contracts during an acrimonious meeting of the city’s audit and finance committee. Council is still waiting for an in-house post-mortem of last winter’s snow operations, as well as an independent report on snow and ice removal in the region. Although the reports have not yet been reviewed and discussed by council, staff requested approval of four multimillion-dollar, multi-year tenders. ‟We’ve all wanted a committee of the whole…

Fiscal visions of N.S. MPs – Views vary on economic woes

OTTAWA BUREAU ANDREA GUNN agunn@herald.ca @notandrea July 16, 2015 – The Chronicle Herald In light of economic indicators hinting that Canada has hit a recession, Nova Scotia MPs from the three major parties are offering different solutions about what is sure to be an election issue. On Wednesday, the Bank of Canada slashed interest rates to 0.5 per cent, the second cut this year, after two quarters of economic decline. At a news conference, Bank of Canada governor Stephen Poloz avoided the dreaded R-word but confirmed the economy has experienced significant contractions in the last two months. Several different global…

Halifax housing prices increase in Q2, with north end up 16.7%

REMO ZACCAGNA BUSINESS REPORTER rzaccagna@herald.ca @RemoZaccagna July 15, 2015 – The Chronicle Herald Tight inventory in the Halifax market caused housing prices to go up slightly in the second quarter, a new survey reveals. According to Royal LePage, average prices of detached bungalows increased by 2.1 per cent to $298,167 and standard two-storey homes rose 1.8 per cent to $368,850 in the second quarter, which runs from April to June. The average price of a standard condominium jumped by 4.6 per cent year over year to $256,333. The hottest market on the peninsula is the north end, which saw a…

Emera to convert building to new HQ

Company outgrowing office space at NSP site JOANN ALBERSTAT BUSINESS EDITOR jalberstat@herald.ca @CH_JAlberstat July 11, 2015 – The Chronicle Herald Nova Scotia Power ‘s parent company is planning a multimillion-dollar renovation to convert a downtown Halifax office building into its new headquarters. Emera Inc. will seek planning approval from Halifax Regional Municipality to upgrade the 5151 Terminal Rd. property, which it acquired in 2012. The proposed makeover will include the interior and exterior of the existing eightstorey building. The project would also add an elevated pedestrian crossing over Lower Water Street. The pedway would provide public access from the waterfront…