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Bruce Heyman is now fully installed and beginning his official work as the newest U.S. ambassador to Canada. Speaking to the Globe and Mail, Heyman said the much-debated Keystone XL pipeline project is important, but there’s far more to the...
Broad results of Monday’s provincial election in Quebec are quite clear: the Liberal Party, lead by neurosurgeon Philippe Couillard, has won a solid majority government. The Parti Québécois, now reduced to the role of official...
The price of stamps here in Canada has gone up, as of March 31st. It’s a pretty hefty hike. A first-class stamp was $0.63. Now that’ll cost $0.85 – if purchased as a book or roll. The cost of just one first class stamp? $1.00. The...


Apr 19, 2014 — Fears of a bubble continue as tech titans reported their quarterly earnings; the culture of digital distraction finds more critics; and fallout from the Heartbleed bug raises questions for government.
Apr 19, 2014 — The giant retailer says it's adding a new line of organic food that's at least 25 percent cheaper. But a large-scale production and supply of organic food likely can't be achieved overnight.
Apr 18, 2014 — Airbnb and other rental websites have made billions marketing existing housing to tourists, without hotel tax. Soon, Airbnb will start collecting tax in New York City, San Francisco and Portland, Ore.

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Money

Toto and Oz
Independent Blog:
Grindstone Financial
The Artful Blogger grew up in Lafargeville, made his bones on Wall Street, and returned to the North Country in 2003, settling in Clayton to raise his family and dabble in the markets.
Newest Posts:

Kraft Shutdown Later, Then Ripples

When Kraft ceases cheese production in Canton, the economic effects will be significant, but not bad enough to force many farmers out of business. That's according to Chuck Nicholson, a senior research associate at Cornell University. He prepared a computer model of a Kraft shutdown based on national markets. It predicts a drop in milk prices, the lowest in St. Lawrence County, with ripples felt throughout the Northeast. Speaking with David Sommerstein, Nicholson estimates the average dairy farm could lose up to $12,000. New York could lose $18 million statewide.  Go to full article
Seaway Administrator Albert Jacquez

Rethinking the Underachieving Seaway

The St. Lawrence Seaway opened its 46th shipping season two weeks ago. It's trying to reverse a three year trend of declining cargo. Albert Jacquez is administrator for the St. Lawrence Seaway Development Corporation, the agency that runs the Seaway in the U.S. He attributes the decline to the overall economic slump and is hopeful about an economic recovery. But Jacquez admits the Seaway has never reached its expectations. Speaking with David Sommerstein in Massena, he says the Seaway needs to re-think itself.  Go to full article

Officials Look at Future of Canton Kraft Plant

A local task force met for the second time yesterday since Kraft announced that it would close its Canton operations at the end of June. These meetings are a way to hash out potential ideas for the future of the Kraft plant, which has a long history of cheese-making in St. Lawrence County. Jody Tosti was at the meeting where officials, including Congressman John McHugh and Assemblyman Darrel Aubertine heard about what could be the next chapter in the plant's long story in the North Country.  Go to full article

Minimum Wage Hike Goes Down

Advocates of raising the state's minimum wage tried, but failed, to convince the state Senate to approve a bill increasing the minimum to $7.10 an hour. Karen DeWitt reports...  Go to full article

IP, Kodak Bounced From Wall Street's Premier Stock List

International Paper was delisted yesterday from the Dow Jones Industrial Average--an index of the country's top industrial stocks. The company operates a mill in Ticonderoga...  Go to full article

Oneida Air Service Takes Off

The Oneida Nation is expanding its already thick portfolio of business ventures to include an exclusive charter air service. David Sommerstein reports.  Go to full article
Activist Martha Ojeda

A Voice of the 'Outsourced'

Widespread concern over the outsourcing of jobs to other countries has put free trade agreements like NAFTA at the center of the political debate in America. One product of...  Go to full article

Call-in: Building a Future on Local Assets

Callers talk with Michael Shuman, author of Going Local in a Global Economy, Stephen Blackmer, director of the Northern Forest Center, and host Ellen Rocco. Shuman and...  Go to full article
Ken Hill in his Atlasta Farms "office" in Lisbon

Redefining North Country Agriculture

There's a big change underway in North Country agriculture. The number of dairy farms has plummeted since the 1990s. Most of the victims are mid-size family operations. ...  Go to full article

Zinc Mines May Re-Open

There's been promising news for some idled factories across the North Country. Last week an Ottawa-based company announced it will make soy milk concentrates and powders in...  Go to full article

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