Highlights / trade

Economy, International

 Canada- U.K. close to new trade deal to replace the EU deal

With Britain on the verge of ‘Brexit’ the  Canada-EU trade deal known as the Comprehensive Economic and Trade Agreement (CETA) would no longer apply to Britain. The two countries have been quietly working on a specific new bilateral deal  and »

International, Politics

CETA trade deal: Three years later, Canadian agriculture still dissatisfied

In 2017 the Comprehensive Economic Trade Agreement was negotiated and signed into force with great satisfaction by Canada’s Trudeau government to improve trade between Canada nad the European Union, notably in the agricultural sector. It was supposed to be advantageous »

Economy, International, Politics

Trudeau discusses threat of U.S. aluminum tariffs in call with Trump

Prime Minister Justin Trudeau said Monday he told President Donald Trump during a phone conversation earlier in the day that renewed U.S. tariffs on imports of Canadian aluminum would hurt the economies of both countries. The issue of the possible »

International, Politics

Canada, the U.S. and Mexico sign ‘infinitely better’ revised free trade deal

More than a year after they first put their signatures on the dotted line, Canada, the U.S. and Mexico signed a revised version of the new free trade deal that now has the backing of Congressional Democrats and thus a »

Economy, International, Politics

Canada and EU work on ‘interim fix’ to save global trade body

Canada and the European Union are close to agreeing to a possible temporary solution to save the World Trade Organization (WTO) from paralysis induced by the Trump administration’s policy of blocking appointments to the global trade body’s dispute resolution mechanism, »

Economy, International

Canada pleased with U.S. decision on uranium imports

The federal government and Canadian uranium producers are welcoming a decision by the U.S. government to not impose restrictions on uranium imports from Canada and other countries based on national security grounds. “Canada and the United States are staunch allies »

Society

Beef producers get government help following China ban

The Canadian government will give $8.3 million to help the beef industry develop international markets. This comes after China banned Canadian meat products in what is considered to be retaliation for Canada’s arrest of Huawei executive Meng Wanzhou upon the »

Economy, International

Canada posts a trade surplus in May 2019

Canada posted a $762-million trade surplus in international merchandise in May 2019, according to government statistics. Exports in the auto sector contributed to what was the country’s second surplus since December 2016.  Exports rose 4.6 per cent in May and »

International, Politics

China and trade to top agenda of Trudeau-Trump meeting

Prime Minister Justin Trudeau says his visit to Washington tomorrow to meet with President Donald Trump will be an opportunity to discuss ongoing tensions with China, international trade and various global issues ahead of the upcoming G20 summit in Japan. »

Economy, International

Canada lift tariffs on targeted U.S. products

Canada has removed duties on several products imported from the United States following the decision on May 17, 2019 that the U.S. would lift tariffs on Canadian steel and aluminum. Canada’s Finance Minister Bill Morneau issued a statement today saying »