Exporting & Importing
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Here’s why the U.S. is trying to kill dairy supply management
Dairy supply management blocks out foreign production from the Canadian market, and is a thorn in the side of trade negotiators as other countries look for freer access to Canada’s food markets, but there’s more to it…
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Aerospace shocker: Bombardier gives Airbus majority stake in CSeries unit
The 50.1 per cent interest in the CSeries is a way to avoid huge import duties imposed by the U.S., but neither Bombardier or the Quebec government will be paid any money. A giddy Airbus executive called the deal a ‘win-win’
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BoC says business optimism is moderating
The Bank of Canada says several indicators in its most recent survey have been tempered from strong summer survey results, including businesses’ plans to increase spending over the next 12 months
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End of oil scarcity force changes to Canadian producers’ strategies
Suncor executive Steve Reynish said the industry is beginning to view oil as a plentiful resource after decades of scarce supply
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Trump’s ‘break it now, fix it later’ tactic creating chaos at NAFTA talks
Officials from other countries say the “sheepish” body language of U.S. negotiators, who have tabled demands beyond the realm of what’s palatable to the other parties, speaks volumes as to how they perceive Trump’s chaos-inducing tactics
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Boeing will have difficulty proving harm from Bombardier, says analyst
Boeing is actually performing very well in all of the factors examined by trade investigators to determine harm, including sales, market share, profits, employment, wages and ability to raise capital
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U.S. drops bombshell ‘sunset clause’ in NAFTA talks, and vows more
America’s so-called NAFTA partners are baffled by the new demands and are trying to figure if this hardline approach signals a U.S desire to poison the talks, let them collapse and simply do away with NAFTA
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Trudeau acknowledges NAFTA gloom, says he’s ready for anything
The Prime Minister admitted that talks have been challenging while Mexico’s foreign relations secretary said his country would not sign a bad deal, adding that leaving the treaty “would not be the end of the world”
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Unifor says GM has declared ‘war on Canada’ by increasing Mexico production
“This is the poster child for what’s wrong with NAFTA,” Unifor president Jerry Dias said, warning that the union won’t back down and could expand its labour action beyond the CAMI plant
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Delta Air Lines says CSeries delivery may be delayed, won’t be cancelled
“We intend to take the aircraft,” said Delta CEO Ed Bastian in a conference call with analysts, adding he thinks Delta will get the planes without having to pay the 300 per cent in duties