Food & Beverage
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Examining Bill Morneau’s tax-reform tweaks
Ottawa announced several changes this week to the controversial suite of tax-reform proposals that has drawn the ire of small business owners and farmers across the country. Here’s a look at what’s changed
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If NAFTA dies, old Canada-U.S. free trade deal would live on… right? Not so fast
Expecting the suspended 1987 accord to immediately snap back into place is “naive” one expert said. The political climate in Washington and unprecedented procedural questions could derail attempts to reinstate the agreement
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Canadian exports set for significant growth, despite trade disputes, says EDC
The overall strength of both the U.S. and global economies are the key drivers for Canadian exports, and Export Development Canada says the current synchronized global upturn is “pretty much as good as it gets”
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Technology is outpacing business, education and government, says Deloitte
A report by Deloitte and the Human Resources Professionals Association, calls upon policy-makers and business leaders to prepare Canadians for the disruption technology is causing to the economy
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Manufacturing sales make U-turn in August, tick up 1.6%
Statistics Canada says the increase was driven by higher sales in the transportation equipment and petroleum and coal product industries
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Morneau limits scope of income reform to affect just 3% of private corporations
The tweak to Morneau’s original proposal comes after an onslaught of complaints that warned cracking down on passive investments could adversely affect middle-class entrepreneurs
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Industrial Ontario bakery fined after temp worker hurt by dough machine
The worker was cleaning a dough chunker on a production line at FGF Brands when the machine was reset and the blades rotated shut
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U.S. Congress report says Trump’s got it wrong on NAFTA
The report from the republican-led Congress says it’s not feasible to use trade agreements as a tool to decrease trade deficit because those imbalances “are determined by underlying macroeconomic fundamentals”
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10 WTO member states denounce Trump’s ‘Buy American’ order
China and Taiwan have joined a number of traditional U.S. allies, including Canada, Isreal and the EU, in urging the U.S. to honour its WTO government procurement commitments
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NAFTA tensions erupt: Countries admit talks struggling, push deadline into 2018
There will be no “quick fix” to NAFTA. Canada, the U.S. and Mexico aren’t necessarily breaking up, but they’re now publicly bickering over everything from dairy and autos, to Buy American rules and whether trade deficits “matter”