Trade News

Take a look at today's current account report from Statistics Canada to see why Goldman Sachs Group Inc. recommends shorting the loonie. ... the Wall Street giant forecasts the Canadian dollar will sink to 88 cents U.S. One of its reasons is that Canada has been running a current account deficit…

The federal Conservative government says it is harnessing the entirety of Canada’s diplomatic power to advance the country’s trade interests. The move, formally announced Wednesday, is being billed as a historic shift in this country’s approach to the world, and is already being applauded by some of…

Statistics Canada says the country’s seasonally adjusted current account deficit fell $500 million to $15.5 billion in the third quarter. The agency says the change largely reflected reduced deficits on trade in goods and services as well as on investment income flows... The deficit on trade in…

November shaped up to be a reasonably positive month for Canadian small businesses. CFIB's Business Barometer® Index gained almost a full point, posting a 65.9 this month over October's 65.0. It is also the second highest reading of 2013 after February's 66.2 On a scale between 0 and 100, an index…

The Canadian economy is expected to gather steam next year as demand from the U.S. spurs exports and investment, the International Monetary Fund said Wednesday. The IMF pegs Canadian growth at 2.25 per cent next year following modest growth of 1.6 per cent this year as exports and business…

The Honourable Ed Fast, Minister of International Trade, today released a new trade plan that reflects the changing global landscape, focuses on core Canadian strengths, aligns Canada’s trade, development and foreign policy tools to advance commercial interests around the world, and sets concrete…

The CSCB BC Region cordially invites you and your staff to A Carol Ship Dinner Cruise on 12 December 2013 at 6:30-9:30pm. Come and join the fun, on this fabulous 2.5 hour evening Carol Ship Dinner Cruise and Parade of Lights. It features a buffet turkey and ham dinner, cash bar, door prizes and a…

Further to our emails of 9 October 2013, the following are direct links to the two official notices relating to approved GPT and LDCT changes. Please note the effective dates of 1 January 2015. http://www.gazette.gc.ca/rp-pr/p2/2013/2013-10-09/html/sor-dors161-eng… http://www.gazette.gc.ca/rp-pr…

[US] Federal agencies are making progress in developing the International Trade Data System and the trade community has identified a number of features that should be included, according to a recent report from a U.S. Customs and Border Protection advisory panel. At a Nov. 15 meeting of the Advisory…

According to a Nov. 25 press release by the Office of the U.S. Trade Representative, chief negotiators for the 12 countries negotiating a Trans-Pacific Partnership agreement reported “significant progress” after six days of intensive meetings in Salt Lake City, Utah. The USTR notes that negotiators…

With a wary eye on Mexico, the drafters of 1994's North American free-trade agreement gave investors a powerful weapon to sue governments. The worry at the time was that Canadian and U.S. investors needed extra tools to protect against discrimination from unfair and opaque laws in Mexico, a country…

Marathon talks on the World Trade Organization's first-ever worldwide trade reform in Geneva failed early on Monday to agree on a text to put to ministers who meet in Bali next month. The fate of the agreement to streamline customs procedures and speed up global trade could now hang on whether the…