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Canada-Euro Deal Moves Along

Canada received a nice Valentine’s Day gift as Euro parliament members voted in favor of the Comprehensive Economic and Trade Agreement (CETA) by a 408 to 254 vote. This now means that parts of the agreement that links Canada to the European Union, such as tariff reduction, will come into force eight years after the initial negotiations had started. The vote passed relatively well, considering the chaotic crowd of protesters gathered outside...

Jobs and Tariffs: The Drywall Saga Continues

Gypsum boards – or drywall – coming in from the United States is now more expensive to buy in Canada. Sheets that once cost $8 are now being sold at approximately $13 a sheet. For contractors and weekend renovators, that amounts to having to pay double the cost for their drywall needs. The price surge is a result of the Canadian trade tribunal’s decision to back tariffs on U.S. drywall. The whole drywall saga started after a dumping comp...

Food Manufacturing Gets Tariff Break: $48M in Cuts to Boost Industry

As President Trump’s new administration has been openly sharing its intention on piling on new tariffs in order to protect American jobs and discourage importation, the Liberal government of Justin Trudeau up in Ottawa has quietly put in place action to counter the protectionist maneuvers of its southern neighbors. Ottawa will be moving forward with eliminating $48M in tariffs related to the food manufacturing industry. Trudeau’s move, to ...

Canada Not in Trump’s Crosshairs says U.S. Economic Adviser

During a meeting held on Monday January 23rd in Calgary, Prime Minister Trudeau in town for a cabinet retreat, met with Stephen Schwarzman, chair of President Trump's Strategic and Policy Forum. M. Schwarzman is also the chief executive of the U.S. investment firm Blackstone Group and was appointed to head Trump's forum last December. The most recent move by President Trump to renegotiate the North American Free Trade Agreement (NAFTA), has th...

Uber Launches Uber Freight: Expect Changes to Trucking

Surge pricing could soon be a reality in the trucking industry; ride-hailing company Uber just launched a new service called Uber Freight and although little has been revealed on what or how the Uber branch will work, it seems like we can expect not only the arrival of surge pricing but also the introduction to autonomous trucks. Last August Uber acquired a startup called Otto who was working on bringing the first self-driving trucks to roads....