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Business sells business best -- not government folks. Ukrainian officials are putting forth a good sales pitch: they sell themselves as pro-western and pro-business in a country which has a 99.7 per cent literacy rate and is just a two-day truck drive from most EU hubs.
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Trade between Japan and Canada has stagnated for over a decade. Exports from Canada to Japan grew only four per cent from 2006 to 2015, while Canada's imports from Japan have declined. There is good news -- foreign investment from both sides show an upwards trend -- but business will need help to capitalize on this opportunity.
Where once trade deals dealt with bringing down tariffs to allow for the freer flow of goods between countries, today's trade deals put much more emphasis on "non-tariff barriers" such as laws and regulations within the countries involved in a trade deal -- and grant extraordinary powers to corporations to sue governments that pass laws that hurt their profits.
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The most pressing environmental policy problem facing Canada is the possible ratification of the "trade deal" known as the Trans-Pacific Partnership (TPP). The investor protection provisions (called the Investor State Dispute Settlement mechanism, or ISDS) in that agreement presents a major threat to environmental protection in Canada. Let me tell you why.
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Unemployment and income inequality are issues that are plaguing both countries; so, policies to ameliorate rather than exacerbate them need to be considered. Further research need to be conducted to understand the impact of the TPP on Canada and the U.S. before the trade agreement goes into effect.
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While premier Wynne and her 72-person delegation meet with India's heads of state to talk trade and visit the country's picturesque backdrops for photo-ops, they do so while simultaneously ignoring India's abysmal track record on human rights, systemic inequity and institutional racism.
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A review of the list of consultations on the government's website and tweets by minister Freeland show a number of meetings with these particular TPP critics. All of this raises the question of whether the minister is hearing the alternative positive case for the TPP.
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After attending public town halls, participating in over 70 meetings and round tables, and receiving feedback from thousands of Canadians who have written to me, it is clear that many feel the TPP presents significant opportunities, while others have concerns.
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Norway and Canada have a strong trade and investment relationship built on complementary resource endowments, similar levels of development, and shared interests and values. Norway's investment in Canada supports Canadian GDP and jobs, and Norwegian investments supply Canada's economy with much-needed capital.
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When our democracies try to act on climate, trade agreements get in the way. For over 20 years, we have been fighting ISDS, the investor state dispute settlement clause in Chapter 11 of NAFTA, which allows companies to sue states over their decisions. It is a favourite tool of energy and mining companies.
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The TPP appears to pose risks to our ability to afford to provide needed medications Canadians, and others around the world. When the free and open debate on this agreement is held, the impact on health care must be taken into account.
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Canada used to excel at industrial strategy, but now we are satisfied with trade, and any type of trade will do. That hands-off mentality, which is at the heart of global trade deals like the recently concluded Trans-Pacific Partnership (TPP), goes some way to explaining why Canada's trade deficits are growing, faster with free-trade partners than other countries, and the job intensity of our exports is declining.
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One of the most troubling, but largely ignored effects of the TPP involves privacy. Privacy is not an issue most associate with a trade agreement, however, the TPP features several anti-privacy measures that would restrict the ability of governments to establish safeguards over sensitive information such as financial and health data as well as information hosted by social media services.
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Economists had expected a deficit of $1.2 billion in August.
This will be the first generation of Canadians in our history to be worse off than their parents. That blunt fact is the new reality of our country, where seven per cent of workers are officially jobless (and much more if hidden unemployment is included) and youth unemployment stands at over 13 per cent. And that reality is a direct result of the policies and actions of this Conservative government and the Mulroney government that came before it. Friday's headlines point to the 26,000 auto parts jobs at risk as Harper drives ahead to sign the Trans-Pacific Partnership deal.
Mulcair denounced Harper for negotiating the Trans-Pacific Partnership in secret and promised to stand up for the two sectors most worried about the would-be deal.
ATLANTA — Negotiators are closing in on a Trans-Pacific Partnership agreement after clearing a major logjam on automobiles. Details have filtered out to stakeholder groups gathered in Atlanta for nego...
Monday's Munk Debate is probably going to generate a lot chatter about in the small circles in Canada that actually care about foreign policy. That the three candidates themselves had trouble staying on the foreign side of issues and had to be dragged, kicking and screaming, back to foreign policy is only one indication.
The Trans-Pacific Partnership would kill Canadian auto jobs says Unifor, the union that represents thousands of autoworkers in this country. The TPP is a proposed agreement between not only the 12 Pa...
Trade negotiations are growing in importance as developed and developing countries alike increasingly realize that protectionism is not a path to prosperity. Federalism poses challenges for our trade negotiations that are exacerbated by elections at both levels of government in Canada, and among our trading partners. The electoral clock is also ticking on Japanese Diet elections next summer and on U.S. presidential and congressional elections next fall. If the machinery of trade talks ground to a halt every time an election approached, there would be no trade agreements at all -- which is, perhaps, what some people desire.
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OTTAWA - Canada's trade deficit grew to $3.34 billion in May compared with $3.0 billion in April, increasing the chances the Bank of Canada will cut its key interest rate next week, economists said Tu...
The federal government says Canada's free-trade deal with Europe is not at risk of falling apart.
Ed Fast, Minister of International Trade, has repeatedly promised an 80,000 job windfall from CETA. But many economists and commentators have questioned the veracity of economic models of trade agreements saying free trade's returns have been overestimated.
OTTAWA - Trade talks have stalled between Canada and Japan — one of the Harper government's priority countries for a breakthrough — because the Asian country has lost interest, The Canadian Press has...
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OTTAWA - Canada's trade deficit grew to a record $3 billion for March as the drop in oil prices weighed on exports, Statistics Canada said Tuesday, but economists suggested things may pick up."Canada'...
OTTAWA - Plunging oil prices took a bite out of the value of Canada's exports as the country posted a trade deficit of $2.5 billion for January, the largest trade deficit since July 2012.The deficit c...
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German chancellor Angela Merkel will be in Ottawa for a visit on Monday, but she may not be bringing the news Stephen Harper wants to hear when it comes to the Canada-European Union Comprehensive Economic and Trade Agreement (CETA). That's because the German government wants to re-open CETA and amend the investor-state dispute settlement mechanism. This controversial provision allows a transnational corporation to sue a national government that passes public interest or environmental legislation that impacts their future profits.
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According to the Oil & Gas Journal (OGJ), Norway had 5.83 billion barrels of proven crude oil reserves as of January 1, 2014, the largest oil reserves in Western Europe. The enormous income to the state from the industry made it possible to create a global pension fund that now owns more than one per cent of global share value.
Recently there is an increasing need for exports to be built into the growth strategy of any business. Without exports, businesses, whether they are small businesses or multinationals, increasingly risk their long term health and prosperity by ceding rapidly growing markets and brand awareness to up and coming competitors over the long term.
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Its small share of the overall marketplace might lead many to conclude that small exporters are too small to warrant attention. That would be a great mistake. The dynamism of this segment suggests that it is already a powerful new force in Canada's economy.
It has been over two decades since B.C.'s wineries first received international gold medals for producing premium wines, yet most Canadian consumers still struggle to get their hands on a bottle. To make matters worse, FedEx has recently given notice it will no longer ship B.C. wine products without provincial regulations that allow for it.
In El Salvador, people have died or lost their drinking water sources because of gold mining, contributing to a rising tide against mining. In 2008, the El Salvador government introduced a de facto moratorium on large-scale mining maintained by President Salvador Sánchez Cerén.