The Harper government has been booted from power, and the U.K. has voted to leave the European Union. Both its national parties are in meltdown, and its new prime minister says she will negotiate her country's exit from the EU -- something that must happen within two years, once formal notice is given.
State surveillance programs spell serious consequences for business -- could Canada be next? A few weeks ago the Court of Justice of the European Union (CJEU) rendered a judgment that invalidated the Safe Harbour Decision that heretofore had allowed U.S. companies to transfer and store personal data of EU citizens in the U.S. as long as they voluntarily agreed to respect certain principles.
In a Canada in which our current government has expressed undying loyalty to Netanyahu's regime, and where the opposition parties appear unwilling to publicly shame the government for its appalling disregard for the human rights of Palestinians, we cannot realistically expect the enactment of state sanctions against Israel any time soon. If the NDP wants to prove to Canadians that it is indeed the government in waiting, and that it's visibly different from the Conservatives, then we should all expect it to commit to taking action on this issue. Will the NDP, at the very least, commit to reforming CIFTA to exclude tariff-free imports of illegal Israeli settlement products
When drugs and prostitution are counted in calculating GDP, one could ask why the items in the basket are not increased. Forced labor, human trafficking and illegal organ trade are also elements of the black market. If drugs and prostitution are counted in calculating GDP, should a country also count forced labor and human trafficking in calculating GDP?
Most of the laws in force in Germany today originated in Brussels. If an unpopular topic is rejected in the domestic arena, politicians frequently try to push it through via the EU. This often infringes the principle of subsidiarity, which stipulates that the EU should only handle what member states cannot handle themselves.
Canada will see timely benefits as global trade picks up. Prospects for the domestic economy are not strong, but exports are already rising nicely. Domestic weakening should help to free up capacity for exports, which is running pretty tight in some industries. In others, there is capacity to absorb growth.
When concluded, the Canada-Japan EPA would create a year-on-year multi-billion-dollar gain for the Canadian economy. A joint study by Canada and Japan has estimated the annual boost to Canada's gross domestic product from an EPA would be between $3.9 billion and $9.3 billion, while the gains for Japan's economy are estimated to be between $4.5 billion and $5.1 billion.