Manitoba's efforts at environmentally-friendly transportation got a big boost yesterday with an announcement from the Federal government to commit funding of nearly $1.7 million to to Western Canada Testing Inc. (WESTEST), which is builing an environmentally-controlled fuel and vehicle testing lab.
WESTEST develops and tests components for the transportation, mining and machining sectors. The funds are set to boost biodiesel research at the facility.
In a statement released yesterday, Treasury Board President Vic Toews said the funds should ultimately boost fuel efficiencies and vehicle performance for the province.
Saturday, February 02, 2008
Tuesday, January 22, 2008
Gold Price Moving ?
Gold was knocked down to its lowest level in almost three weeks in early London trading today. Brought about in part by plunging global stock markets that forced funds to liquidate profitable commodity positions to cover margin calls.
While gold remains down on the day, buffeted by wider market winds in the short-term, many bullion watchers believe the precious metal should find strong buying interest if the equity market turmoil continues. Gold's historical role as a secure store of wealth has seen it boosted by over 200 usd since the credit crunch first took hold in the summer.
While gold remains down on the day, buffeted by wider market winds in the short-term, many bullion watchers believe the precious metal should find strong buying interest if the equity market turmoil continues. Gold's historical role as a secure store of wealth has seen it boosted by over 200 usd since the credit crunch first took hold in the summer.
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