Eye on the Hill: Feds reach investment agreement with Albania

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Eye on the Hill is a weekly update on legislation, developments and political discussions affecting local businesses.

(Stock image)

Monday, Nov. 25:

Federal byelections were held in four ridings across Canada:

-Liberal candidate Emmanuel Dubourg won the Montreal riding of Bourassa.

-Liberal candidate Chrystia Freeland won Toronto Centre.

-Conservative candidate Larry Maguire won the Manitoba riding of Brandon–Souris.

-Conservative candidate Ted Falk won the Manitoba riding of Provencher.

Tuesday, Nov. 26:

Auditor General Michael Ferguson released his 2013 Fall Report.

Wednesday, Nov. 27:

Prime Minister Stephen Harper announced the appointment of Chantal Bernier as interim Privacy Commissioner.

International Trade Minister Ed Fast launched the Global Markets Action Plan: The Blueprint for Creating Jobs and Opportunities for Canadians Through Trade during an address to the Economic Club of Canada in Ottawa.

Mr. Fast also announced that Canada and Albania have finalized negotiations on a foreign investment promotion and protection agreement (FIPA).

The Department of Finance released draft technical proposals for the phase-out of the federal Labour-Sponsored Venture Capital Corporations (LSVCC) tax credit.

Thursday, Nov. 28:

House of Commons Speaker Andrew Scheer tabled the Report to Canadians, 2013 in the House of Commons.

Friday, Nov. 29:

The Department of Finance released the September 2013 edition of the fiscal monitor. The budgetary deficit came in at $3.8 billion for the month – compared to $2.2 billion for September 2012 – largely as a result of disaster relief funding for the floods in Alberta.

Auditor General Michael Ferguson released his Quarterly Financial Report for the quarter that ended on Sept. 30, 2013.

Gary Goodyear, the minister of state for the Federal Economic Development Agency for Southern Ontario, announced an investment of $48 million for the renewal of the Eastern Ontario Development Program (EODP) at an event in Winchester, Ont.

Infrastructure Minister Denis Lebel announced federal funding to help Bell Canada subsidiary Nordia Inc. establish a new customer service centre in Jonquière, Que. The $1,132,000 repayable financial contribution comes courtesy of Canada Economic Development’s Quebec Economic Development Program.

Eye on the Hill is prepared by Ottawa-based government relations and communications firm Flagship Solutions.

Organizations: Department of Finance, Toronto Centre, Labour-Sponsored Venture Capital Corporations House of Commons International Trade Global Markets Federal Economic Development Agency for Southern Ontario Bell Canada subsidiary Nordia Canada Economic Development Flagship Solutions

Geographic location: Canada, Albania, Manitoba Ottawa Montreal Bourassa Provencher Alberta Winchester Jonquière, Que

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